Sr Accountant Accounting Services

Empower Retirement; Bengaluru; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Empower Retirement in Bengaluru seeks an experienced Fixed Assets Accountant responsible for end-to-end FA accounting, depreciation, capitalization, and reconciliations across entities, aligning with US GAAP and IFRS.

You will serve as the SAP S/4HANA FI-AA SME, drive master data governance, assist with month-end close, and support audits while driving process improvements.

The role requires 5–7 years GL experience with FA focus, strong Excel skills, and SOX control knowledge.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 5–7 years of progressive GL accounting experience, with 3+ years Fixed Assets in a multinational.
• Strong knowledge of US GAAP, fixed asset accounting, depreciation, impairments, and policy compliance.
• Proficient with SAP S/4HANA FI-AA, asset master data management, capitalization, retirement, depreciation.
• Experience with FA subledger-to-FI reconciliations, GL reconciliations, roll-forwards, month-end close.
• SOX/internal control frameworks knowledge, audit support and remediation.
• Advanced Excel and MS Office.
• Understanding monthly/quarterly/annual close processes and policy compliance.
• Strong analytical skills.

Responsibilities

• Own end-to-end Fixed Assets accounting, reporting, and close across Empower entities.
• Review requisitions and capex for capitalization per US GAAP and policy.
• Perform FA accounting activities including capitalization, depreciation, and disposals.
• Prepare and post FA and other GL journal entries with accuracy and compliance.
• Manage FA master data governance in SAP S/4HANA for asset lifecycle integrity.
• Conduct FA reconciliations and resolve reconciling items.
• Support month-end, quarter-end, and year-end close activities and reporting.
• Assist internal/external audits with analyses and documentation.
• Drive process improvements and control automation for efficiency.

Skills

Fixed Assets accounting

US GAAP

IFRS

Excel advanced

SAP FI-AA

GL close

Audit support

Education

Bachelor's degree in Accounting/Finance

Tools

SAP FI-AA

BlackLine

ERP systems

Job description

Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them.

Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself.

Job Description

As an individual contributor, owns the end-to-end Fixed Assets accounting, reporting, master data governance, controls, and compliance processes across Empower, while also supporting broader general ledger accounting, analysis, and close activities. Responsible for the accurate and timely accounting, reconciliation, and financial reporting of fixed assets and assigned accounting areas in accordance with US GAAP, IFRS, company policies, and internal control requirements, while serving as the Fixed Assets Subject Matter Expert (SME) for SAP S/4HANA (FI-AA) and driving continuous process improvement.

What you will do

• Own the end-to-end Fixed Assets accounting, reporting, and close process across all Empower legal entities.
• Review Ariba purchase requisitions and capital expenditures to ensure proper capitalization and expense classification in accordance with US GAAP and company policy.
• Execute Fixed Asset accounting activities, including capitalization, depreciation, transfers, disposals, retirements, and construction-in-progress placements into service.
• Prepare, review, and post Fixed Asset and other assigned general ledger journal entries, ensuring accuracy, completeness, and compliance with accounting policies.
• Own Fixed Asset master data governance in SAP S/4HANA, ensuring accurate asset setup, classification, lifecycle management, and data integrity.
• Perform and oversee Fixed Asset reconciliations, including subledger-to-FI reconciliations, BlackLine account reconciliations, and timely resolution of reconciling items.
• Perform account analysis and general ledger reconciliations for assigned balance sheet and income statement accounts, investigating and resolving variances in a timely manner.
• Prepare and reconcile Fixed Asset roll-forwards and support monthly, quarterly, and annual reporting requirements.
• Support month-end, quarter-end, and year-end close activities, including preparation of accounting analyses, fluctuation explanations, and reporting for assigned areas beyond Fixed Assets as needed.
• Perform periodic asset reviews, including impairment assessments, to ensure asset accuracy, completeness, and compliance with accounting policies.
• Serve as the Fixed Assets Subject Matter Expert (SME) for SAP S/4HANA (FI-AA), driving asset master data governance, reporting, reconciliations, and process optimization across the organization.
• Design, execute, and monitor internal controls over Fixed Assets, including SOX compliance, control documentation, and remediation of identified deficiencies.
• Support internal and external audits by providing accounting analyses, reconciliations, documentation, and responses to audit inquiries.
• Drive process improvements, standardization, and automation initiatives to enhance efficiency, reporting quality, and control effectiveness.

What You Will Bring

• Bachelor's degree in Accounting, Finance, or a related field, or equivalent professional experience.
• Minimum five (5) to seven (7) yers of progressive general ledger accounting experience, including 3+ years of dedicated Fixed Assets accounting experience in a multinational organization.
• Strong working knowledge of US GAAP, fixed asset accounting, capitalization, depreciation, impairments, and accounting policy compliance. .
• Proficiency with SAP S/4HANA Fixed Assets (FI-AA), including asset master data management, capitalization, retirement, transfer, and depreciation processes, BlackLine, and relevant financial systems and reporting tools.
• Experience performing Fixed Asset subledger-to-FI reconciliations, general ledger account reconciliations, roll-forward reporting, account analysis, and month-end close activities.
• Knowledge of SOX/internal control frameworks, including control execution, documentation, audit support, and remediation of control deficiencies.
• Demonstrated ability to support internal and external audits and ensure compliance with accounting policies and regulatory requirements.
• Advanced proficiency in Microsoft Excel and other Microsoft Office applications.
• Strong understanding of monthly, quarterly, and annual financial close processes, accounting policies, financial reporting procedures, and k nowledge of SOX/internal control frameworks, including control execution, documentation, audit support, and remediation of control deficiencies.
• Strong analy