Skills Required
- Record fixed assets by creating and supervising a system of procedures, forms, and controls
- Recommend any updates to accounting policies affecting fixed assets to management
- Allocate tag numbers to fixed assets to effectively track them from time to time
- Record in the accounting system newly acquired fixed assets and those disposed
- Track, compile, and record project costs in fixed asset accounts; close out the accounts after the projects
- Perform reconciliation of fixed asset subsidiary ledger balance with the summary-level account in the general ledger
- Perform depreciation calculation for all fixed assets
- Perform revision and update on the detailed schedule of accumulated depreciation and fixed assets
- Perform asset retirement obligation calculations for ARO-applicable assets
- Find out fixed assets’ obsolescence potential
- Carry out periodic reviews on intangible assets’ impairment
- Carry out inventory counts of fixed assets physically
- Recommend fixed assets that should be disposed of to management
- As may be requested by management, perform fixed asset-related analyses
- Create fixed asset-related audit schedules, and collaborate with auditors on their assignments
- Perform property tax returns report
- Serve as company representative at any audits relating to fixed assets facilitated by a government agency
- Track Company’s fixed asset spending concerning its capital budget, as well as management authorizations.
Location – Mumbai
Designation – Team Lead – Fixed Assets
Interviews – Virtual
POC – Saiqa Shaikh
Email – Saiqa.shaikh@conneqt.corp.com