Specialist - R2R

HITACHI VANTARA INDIA PRIVATE LIMITED; Gurugram District; On-site; INR 1,000,000 - 1,600,000; Full time

Job summary

Hitachi Vantara India Private Limited in Gurugram seeks a Fixed Assets Specialist to manage the asset lifecycle, ensure timely capitalization, calculate depreciation, and support financial reporting in line with accounting standards.

You will deliver CapEx and depreciation reports, lead reconciliations, support audits, and drive process improvements in asset and project accounting with cross‑functional teams such as GFS, COE, FP&A.

Qualifications

• Education: Bachelor's degree in a relevant field; professional certifications are assets.
• Experience: 5+ years in accounting and finance.
• Technical Skills: familiarity with PeopleSoft and/or Essbase; proficient in MS Office.

Responsibilities

• Deliver CapEx and depreciation reports and lead reconciliations.
• Resolve variances across ledgers and asset records.
• Support internal and external audits with robust controls.
• Identify improvements to asset and project accounting processes.

Skills

Strong written and verbal comms

Accounting principles

Policy awareness

Education

Bachelor's degree in a relevant field

Tools

PeopleSoft

Essbase

Microsoft Office

Job description

Business Title: Specialist - Capital Accounting Team

The Fixed Assets Specialist is responsible for managing the lifecycle of the company’s assets. This includes maintaining accurate records, ensuring timely capitalization, calculating depreciation, supporting audits, and ensuring compliance with accounting standards and internal policies. The role ensures proper financial reporting and control over the organization’s tangible and intangible assets.

Key Focus Areas

• Ensure timely capitalization, accurate asset lifecycle management, and smooth project-to-asset transitions in compliance with accounting standards.
• Asset Capitalization accuracy and timeliness. (%)
• Project Closure Efficiency
• Team SLA Adherence (%)

Reporting & Reconciliations

• Deliver accurate CapEx and depreciation reports, lead reconciliations, and resolve variances across ledgers and physical asset records.
• Depreciation Accuracy Rate (%)
• Reconciliation accuracy and timeliness. (%)

Compliance & Audit Readiness

• Support to maintain robust internal controls, ensure policy adherence, and support successful internal and external audits.
• Compliance & audit score

Process Improvement & Automation

• Identify and implement enhancements to drive efficiency, accuracy, and standardization in asset and project accounting processes.
• Number of improvement/automation initiatives implemented leading to efficiency and effectiveness

Organizational Parameters

• Direct Supervisor- Team Lead/ Assistant Manager
• Direct/ Indirect Reports- NA

Key Collaborative Network

• Key Shared Accountabilities / Interfaces:
• Global Financial Reporting, COE, FP&A, and FBP Teams
• Global Technology Team
• Statutory and Tax auditors
• GFS Teams

Required Education, Experience, Technical Skills, and Knowledge

• Education:
  • Bachelor's degree in a relevant field of work or an equivalent combination of education and work-related experience. Professional certifications are considered an asset.
• Experience:
  • 5+ years progressive work-related experience in accounting and finance.
• Technical Skills & Knowledge:
  • Strong written and verbal communication skills
  • Good understanding of accounting principles with the ability to apply them effectively within the organisation
  • Familiarity with accounting systems such as PeopleSoft and/or Essbase is preferred; proficient in Microsoft Office
  • Awareness of key policies and their impact on accounting processes

Decision Rights

• Other: Flexible to work in multiple shifts as per requirement and in alignment with organizational policies.
• Decision-Making Responsibilities: Responsible for service delivery in the sub-process. First-level review of process activities Interpret and clarify process-related policies and controls to the team Support & lead finance initiatives to streamline and improve day-to-day activities Evaluate recurring manual tasks for potential efficiency gains