Job Description

This role involves managing fixed asset accounting processes and ensuring compliance with regulatory requirements. The position requires strong expertise in accounting standards and the ability to work in the fast-paced technology and telecoms industry.
Fixed Asset Lifecycle Management:

• Manage the complete fixed asset lifecycle, including acquisition, capitalization,

transfer, depreciation, impairment, and disposal in
accordance with US GAAP, IFRS and Ind AS.

• Ensure accurate and timely recording of all fixed asset transactions in the general

ledger.

• Perform monthly, quarterly, and annual closing activities related to fixed assets,

including reconciliations of fixed asset sub-ledger to the general ledger.Policy & Compliance:

• Develop, review, and update fixed asset accounting policies and procedures to

ensure compliance with changing accounting standards (US GAAP, IFRS India GAAP,
and any other relevant local regulations).

• Provide guidance and interpretation on complex fixed asset accounting issues.

• Ensure all fixed asset activities adhere to internal controls and audit requirements.Depreciation & Reporting:

• Calculate and record monthly depreciation for all fixed assets, ensuring accuracy

and adherence to company policies and accounting standards.

• Prepare detailed fixed asset schedules, reports, and reconciliations for

management reporting, financial statements, and audit purposes.

• Assist in the preparation of cash flow statements, specifically related to capital

expenditure.System Management & Implementation (Oracle ERP):

• Serve as a key user and subject matter expert for fixed asset modules within Oracle

ERP (e.g., Oracle Fixed Assets, Oracle Fusion, Oracle E-Business Suite R12).

• Participate actively in Oracle system implementation, upgrades, or optimization

projects, focusing on fixed asset configurations, data migration, testing, and user
training.

• Identify and implement process improvements within the fixed asset accounting

function utilizing Oracle functionalities.Audits & Controls:

• Coordinate and support internal and external audits related to fixed assets,

providing necessary documentation and explanations.

• Conduct periodic physical verification of fixed assets and reconcile discrepancies.

• Maintain robust internal controls over fixed assets to safeguard company assets.Collaboration & Support:

• Collaborate cross-functionally with project teams, engineering, operations, and

procurement departments to ensure proper capitalization of assets and accurate
project cost tracking.

• Provide support and guidance to junior team members on fixed asset accounting

matters.
High-impact leadership roleCareer growth & visibility

• Education & Certification: Degree in Accountancy with a CA/CPA qualification.

• Fixed Asset Accounting Expertise: 3-4 years of comprehensive, hands-on

experience in end-to-end fixed asset accounting, including managing the month
end close process for fixed asset modules, ensuring all related compliances, and
preparing statutory fixed asset registers.

• GAAP : Working knowledge and proven application of fixed asset accounting

principles and standards under both US GAAP, IFRS and Ind-AS.

• Oracle ERP Proficiency: Strong command and demonstrated experience with

Oracle's Project Accounting, Fixed Assets, and General Ledger modules.

• Analytical & Autonomous: Highly detail-oriented with a proven ability to work with

large datasets, reconcile complex information from multiple sources, and make
sound, level-appropriate decisions with limited supervision.

• Collaboration & Compliance: Excellent interpersonal skills for seamless cross

functional collaboration (e.g., with asset owners, IT, and other finance teams),
coupled with a meticulous approach to ensure impeccable accuracy in asset
reporting, audit support, and physical verification practices.

• Proficiency in Microsoft Excel (advanced functions, pivot tables, data analysis).

• Strong communication and interpersonal skills, with the ability to articulate

complex financial information clearly and concisely.

• Ability to work independently, manage multiple priorities, and meet tight deadlines.

• Knowledge of project accounting related to capital expenditures

The company is a mid-sized organisation in the software sector, known for its innovative solutions and focus on excellence in the technology and telecoms industry. It offers opportunities to contribute to impactful projects within a supportive and professional environment.

• Competitive salary in the range of ?2500000 to ?3000000 per annum, based on experience and qualifications.
• Generous holiday leave and flexible working arrangements.
• Opportunities to work in a leading organisation within the technology and telecoms industry.
• A professional environment that supports growth and skill development.
• Comprehensive benefits package, including health and wellness programmes.

If you are passionate about fixed asset accounting and are looking for a challenging opportunity in Bangalore, we encourage you to apply today!

Skills Required