Process Lead - Fixed Assets Accounting- Record to Report 1

Lafarge Africa Plc; Mumbai; On-site; INR 900,000 - 1,500,000; Full time

Job summary

A leading manufacturing firm in Navi Mumbai is looking for a Process Lead in Fixed Assets Accounting to ensure effective management of fixed assets and oversee accounting responsibilities. The successful candidate will handle tasks such as reconciliation and audit preparation, while leading a team to meet KPIs. Candidates should possess a degree in Commerce, 5-7 years of relevant experience, and knowledge of accounting standards and SAP. The position offers a supportive work environment with opportunities for growth.

Qualifications

• 5-7 years of experience in a similar role.
• Must have relevant experience in Fixed Asset Department in OpCo.
• Knowledge of Accounting Standards, Companies Act, IFRS, iGAAP.

Responsibilities

• Manage fixed assets records and perform period end closing activities.
• Prepare schedules for statutory and internal audits.
• Ensure effective collaboration with the Service Management team.
• Reconcile Sub Ledger to General Ledger.
• Supervise associates in preparing tax accounts.
• Oversee period-end fixed assets close and reports.
• Assist team lead with disputes and client queries; root-cause analysis.
• Oversee asset master creation including tax classification.
• Participate in continuous improvement within Shared Services.
• Coordinate audits and interact with auditors.
• Plan, assign, and evaluate work; develop staff.
• Promote high-performance culture and teamwork.
• Ensure service delivery meets KPIs and SLAs.
• Collaborate with Service Management to implement SLA.
• Escalate and resolve internal customer/supplier issues.

Skills

Master Data Management

Reconciliation and reporting

Stakeholder engagement

Strong problem-solving

Team management

SAP experience

Education

Bachelor or Master's degree in Commerce (CA/ICWA/MBA Finance preferred)

Tools

SAP

Job description

Every contribution matters!!! Join our journey of bringing the best customer experience on the table…

Process Lead - Fixed Assets Accounting- Record to Report 1

Location: Navi Mumbai, MH, IN, 400708

Requisition ID: 16071

Shift timing: 11:30 am to 8:30 pm (Home pick-up facility provided)

About the role:

Scope:

The incumbent will be responsible for a range of activities related to Fixed assets accounting in captive shared service environment which includes Dealing with maintenance of assets records, performing period end closing activities, pertaining to reconciliation of fixed assets registers with G/L, Report & Schedule preparation for audit purpose etc. He/She would need to contribute as per overall service framework so that he/she meets or exceeds agreed KPIs and SLAs.

Key job responsibilities include:

• Master Data Management likes Asset creation/ Capitalization/ Disposition, etc.
• Performing reconciliation and reporting task like fixed assets reporting.
• Preparing reports and schedule for audit purposes like ICSS, HARP and iGAAP etc.
• Reconciling of Sub Ledger to General Ledger
• Supervising Associates to Preparing Tax accounts on regular basis
• Supervising in preparation of period end fixed assets close &reports
• Assisting the team lead in dispute and Client query resolution, conducting root cause analysis, follow up etc
• Supervising associates in marinating assets master creation that takes care of HARP, IAAP & local tax classification
• Participating in continuous improvement projects within Shared services.
• Assisting the Associates to Preparing schedules for statutory, internal Audits and interacting with auditors
• Carry out people management responsibilities in accordance with the organization’s policies and applicable laws, including:
o Plan, assign and direct work.
o Appraise performance; provide feedback and coaching, and reward and discipline employees.
o Provide opportunities for learning and self-development, and facilitate the development of technical competencies.
• Continuously strive to build a culture of high-performance.
• Facilitate effective teamwork and builds collaborative relationships internally and externally across other teams.
• Ensure that overall delivery of services to Opcos meets or exceeds agreed KPIs and SLAs defined between Operating Companies and BSC and is within a strong internal control framework.
• Collaborate with the Service Management team to understand and effectively implement SLA.
• Ensure that Internal Customer and Supplier issues are dealt with in accordance with the escalation process and push back where this is not the case

Desired candidate profile:

• Bachelors or Masters degree in Commerce preferably CA/ ICWA/ MBA (Finance)
• 5-7 years of experience in similar role
• Must have relevant experience in Fixed Asset Department in OpCo.
• Knowledge of Accounting Standard, Companies Act, IFRS, iGAAP.
• Ability to take a balanced short and long-term view when solving problems;
• Result oriented, with high level of motivation for self-growth.
• Entrepreneurial spirit with high motivation and enthusiasm to learn.
• Ability to utilize information from a wide variety of sources
• Excellent stakeholder engagement skills and ability to communicate effectively across all levels.
• Experience of SAP and working in cement or any other manufacturing industry will be preferable

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