Manager Lead Fixed Assets for Broadband co. at Mumbai

Job Description:

To oversee day to day accounting of Fixed Assets, Insurance, Inventories and Assets movement,
ageing, physical verification, reconciliation and to ensure timely and accurate Month end /
Quarter end / Year end closing and reporting
Key Skillset:
• Analytics and Orientation to details
• Accounting
• Data Entry Skills
• Financial Software (SAP)
• Analysing Information

• Thoroughness
• Reporting Research Results
• Verbal Communication
• Knowledge of accounting and experience of handling audit.
What you’ll bring to the team:
• Supervise day-to-day fixed assets accounting operations and provide guidance on
accounting issues to the team.
• Ensure timely creation of Internal Order (IO) / Work Breakdown Structure (WBS) and
budget allocation.
• Ensure timely reconciliation of consumption booking and capitalization processes.
• Coordinate with Technology, IT, FSD, and User teams to understand the nature of assets
for depreciation mapping.
• Conduct regular general ledger (GL) scrutiny to mitigate the risk of inaccurate financial
reporting.
• Maintain Fixed Assets Register (FAR) in compliance with Companies Act and Income
Tax Act, ensuring alignment with SAP GL balances.
• Conduct quarterly/periodic inventory verifications at warehouses and partner locations.
• Perform physical verification of fixed assets annually.
• Identify and reconcile differences with user teams to mitigate risks of loss, pilferage, and
audit issues.
• Ensure periodic data updates with insurers to maintain adequate risk coverage.
• Publish timely and accurate monthly and annual financial statements.
• Review and improve existing Management Information Systems (MIS) as needed.
• Ensure smooth closure of all audits, including statutory, tax, internal audits, and IFC
certification.
• Actively participate in projects and key initiatives from a finance perspective.
What all qualifications do we expect:
We're looking for someone with a decent educational background.
• Education requirements: CA/CMA/ICW with at least 5 years+ experience in Fixed Assets
Accounting in SAP environment. Knowledge of PS module of SAP will be added
advantage
• Experience: 5+ Years of experience preferably in the telecommunications industry.

Desired Profile / Criteria / Skills :

Job Code: TPFFN03
Join us as:
• Grade – M4
• Where at – Mumbai
• Reporting To - VP - Finance Controller
• Your Function – Finance
• Your Reportee’s - 1
• Hussle Period – Minimum 8 productive hours a day and 5 days a week
• Job Type – Permanent
What policy, compliance we follow:
• Safeguard the organization’s processes and policies.
• Strict adherence to SOP and the defined processes
• Encourage consistent and continuous compliance is followed by all employees and
vendors with safety and regulatory requirements, standards, and protocols.
• Confirm your actions are compliant as per Information Security Policy.