1.Conduct end to end Fixed asset accounting including Asset capitalization, Retirement, Depreciation cost adjustment.
2. Responsible in maintaining reconciliations for both IGAAPIND AS set of books of account on monthly / quarterly basis as per applicable accounting standards company procedures.
3.Responsible for project accounting reporting utilizing ERP. Coordinating with business at the start of the projects and works closely with business to ensure capitalization of projects in correct timely manner..
4. Ensure maintenance of Fixed asset register as per I GAAP IND AS accounting standards. Recommend any updates to accounting policies related to fixed assets/lease to management.
5.Conduct physical verification of assets and ensure no tax related compliance issues in the inter co. asset capitalization retirement process
6.Ensure adequate insurance of fixed assets in a timely manner. Conduct periodic impairment reviews for intangible assets.
7.Support in Creating and maintaining appropriate reconciliation procedures as per management requirement.
8.Monitor and report results of Account Reconciliation procedures to the SBIC Management on monthly/quarterly basis.
9. Becomes reconciliation/FA SME to team members, resolving queries and technical issues in a timely manner.
10.Prepare and close accounts for Debit and Credit Notes, and intercompany Invoicing including approvals for inter-company transactions for assigned areas.
11.Assist in statutory audits, internal audits, CAG other audits for assigned areas; participate in monthly and quarterly close, Balance sheet reviews and dashboards.
12.Maintain all process documentation practices in compliance with the process guidelines
