Walkin Drive For Property Accounting -Chennai

HCLTech; Chennai District; On-site; INR 600,000 - 900,000; Full time

Job summary

A leading technology firm is seeking an experienced professional to manage property accounting and inventory management. The ideal candidate will have 3-8 years of relevant experience in property accounting, fixed asset accounting, and inventory accounting. Responsibilities include maintaining accurate records, tracking material variances, and preparing journal entries in compliance with policies. The role emphasizes project tracking, asset management, and documentation within the company’s financial operations.

Qualifications

• 3-8 years of relevant experience in property accounting, fixed asset accounting, and inventory accounting.

Responsibilities

• Manage property inventory and maintain accurate records for all materials and assets.
• Track and report materials variances, highlighting key trends to management.
• Prepare, document, and review journal entries in compliance with accounting policies.

Skills

Property accounting

Inventory management

Fixed asset accounting

Job description

Shift: Should be willing to work in US Shifts

5 days work from office

Interview date :21st Feb'26

Time :11am-2pm

Interview Location:

HCL Technologies

No. 602/3/138, Special Economic Zone, Elcot-Sez, Medavakkam High Road, Sholinganallur, Chennai - 600119

Tower 4

Contact Person: Vivek Hari

Role & responsibilities

• 3-8 years of relevant experience in property accounting, fixed asset accounting, and inventory accounting.

1. Property Accounting & Inventory Management

• Manage property inventory and maintain accurate records for all materials and assets.
• Account for all material movements including receipts, returns, consumption, and losses.
• Perform inventory revaluation and ensure accurate stock valuation.
• Reconcile physical inventory [KO1] counts with book and financial records.
• Ensure correct application of tax and duty rates

2. Inventory Accounting

• Track and report materials variances,highlighting key trends and deviations to management.[KO4]
• Maintain comprehensive and audit-ready documentation.
• Support fixed asset, CWIP, and intangible asset accounting and reporting.
• Manage annual fixed asset verification process.
• Reconcile physical inventory counts with book and financial records.

3. Property Ticket Management

• Manage property-related tickets, including reclassifications.
• Coordinate with relevant teams for timely resolution and proper accounting of reclassifications.

4. Capital & Revenue Project Tracking

• Monitor project expenditures and compare spending against approved budgets.
• Prepare and deliver periodic project tracking reports.
• Close completed projects to the fixed asset ledger and P&L as required.
• Classify and manage tangible and intangible assets.
• Reconcile asset-related balance sheet accounts regularly[KO5] .
• Maintain updated and accurate fixed asset master data.
• Manage all asset attributes including costs, locations, cost centers, categories, tax jurisdictions, and asset values for book, local GAAP, tax, and insurance purposes.
• Account for financial and operating leases in compliance with applicable accounting standards.
• Perform ERP updates required due to policy changes or tax law updates (post internal validation).
• Process accounting entries for asset sales, transfers, reclassifications, and retirements.
• Handle project closeout postings and ensure accurate reflection in the financial statements.

7. Accounting Journal Entries & Documentation

• Prepare, document, and review journal entries (JEs) in compliance with accounting policies.
• Prepare recurring and reversing journal entries.
• Run and validate asset depreciation, including manual accelerated depreciation entries, and reconcile results (excluding CWIP).
• Ensure accurate posting and timely processing of all JEs.