Specialist, Fixed Assets

SES S.A Brazil; Chennai District; On-site; INR 1,500,000 - 2,200,000; Full time

Job summary

SES S.A Brazil in Chennai is seeking a Fixed Assets Specialist to manage the end-to-end accounting lifecycle of fixed assets, including capitalization, depreciation, transfers, and disposals, aligned with IFRS/GAAP and company policy.

You will support S/4HANA integration, audit readiness, and asset reporting across entities, ensuring timely period-end processing and SOX controls. 8–10 years of fixed asset accounting experience and strong Excel/PowerPoint skills are required.

Qualifications

• 8–10 years of fixed asset accounting experience.
• Familiarity with IFRS/GAAP asset capitalization, depreciation, lease liability, ROU and interest.
• Experience with S/4HANA Asset Accounting (FI-AA) is essential.
• Proficiency in Excel and PowerPoint; automation or dashboards a plus.

Responsibilities

• Maintain Fixed Asset Register with acquisitions, capitalizations, retirements, transfers and adjustments.
• Execute monthly depreciation runs per policies and standards.
• Perform FA reconciliations (FA subledger vs GL) and investigate variances.
• Support asset physical verification and tagging with business units.
• Ensure timely closure of Construction in Progress and proper asset classification.
• Review asset additions against Capex approvals before posting to ledger.
• Maintain audit-ready documentation and support internal/external audits.
• Monitor SOX/internal controls compliance via dashboards and address risks.
• Support asset process design and data migration during S/4HANA integrations.
• Collaborate with project teams and accounting to close open items timely.
• Manage GR/IR clearing and reconciliations.

Skills

Attention to detail

Analytical thinking

Compliance awareness

Team collaboration

Education

Bachelor's degree in Commerce/Accounting/Finance

CA Inter or equivalent

Tools

Excel

PowerPoint

Automation tools

Job description

The Fixed Assets Specialist is responsible for managing the end-to-end accounting lifecycle of fixed assets, including capitalization, transfers, disposals, depreciation, and reconciliation activities in compliance with accounting standards (IFRS/GAAP), company policy, and internal controls (including SOX). This role will support ongoing integration into S/4HANA, onboarding of new companies, audit compliance, and fixed asset reporting. The individual must have strong accounting acumen, a proactive compliance mindset, and a data-focused approach to ensure timely and accurate asset management across entities.

PRIMARY RESPONSIBILITIES / KEY RESULT AREAS

• Maintain and manage the Fixed Asset Register, ensuring accurate recording of acquisitions, capitalizations, retirements, transfers, and adjustments.
• Execute monthly depreciation runs and ensure alignment with accounting standards and useful life policies.
• Perform fixed asset reconciliations (FA subledger vs GL), investigate variances, and drive timely resolution of discrepancies.
• Support fixed asset physical verification exercises and tagging in collaboration with business units.
• Ensure timely closure of Construction in Progress (CIP) and proper classification of assets as per capitalization policy.
• Review and validate asset additions against Capex approvals and ensure policy compliance before posting to the ledger.
• Maintain audit-ready documentation for all asset-related activities and support both internal and external audit requirements.
• Monitor and report on SOX and internal control compliance through dashboards, identifying risks and taking corrective actions.
• Support fixed asset process design and data migration during S/4HANA integrations and onboarding of new entities.
• Collaborate with the business, project teams, and accounting to ensure timely closure of open items and smooth period-end processing.
• Manage GR/IR clearing and reconciliations, ensuring timely follow-ups with relevant teams for resolution
• Manage end-to-end lease accounting activities in compliance with IFRS 16
• Leases including initial recognition, right-of-use (ROU), asset amortization, interests, lease liabilities, and modifications.
• Prepare monthly lease accounting entries, including depreciation of ROU assets and interest accretion on lease liabilities.

COMPETENCIES

• Detail Orientation & Accuracy: Maintains meticulous asset records and ensures high precision in all postings and reconciliations.
• Accounting & Compliance Focus: Strong grasp of fixed asset accounting principles, with an ability to enforce policies and controls.
• Time & Process Discipline: Delivers tasks under tight timelines, especially during month-end and year-end periods.
• Analytical & Reporting Abilities: Skilled in reviewing data, identifying gaps, and producing compliance or asset performance dashboards.
• Collaboration & Issue Resolution: Coordinates with stakeholders (e.g., project teams, controllers) to close exceptions proactively.

QUALIFICATIONS & EXPERIENCE

• Education: Bachelor's degree in Commerce, Accounting, or Finance; CA Inter or equivalent preferred.
• ERP Knowledge: Experience in S/4HANA Asset Accounting (FI-AA) module is essential.
• Accounting Standards: Familiarity with IFRS/GAAP for asset capitalization, impairment, depreciation, lease liability, ROU and interest.
• Technical Tools: Proficient in Excel and PowerPoint; experience with automation tools, scripts, or dashboarding is an added advantage.
• Work Experience: 8–10 years of relevant experience in Fixed Asset Accounting, preferably within a shared services or corporate environment with audit exposure.

SES and its Affiliated Companies are committed to providing fair and equal employment opportunities to all. We are an Equal Opportunity employer and will consider all qualified applicants for employment without regard to race, color, religion, gender, pregnancy, sex, sexual orientation, gender identity, national origin, age, genetic information, protected veteran status, disability, or any other basis protected by local, state, or federal law.

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