Job Description
You will be responsible for managing fixed assets, including processing, routing, tracking, and reporting. Additionally, you will assist in other general accounting processes.
Key Responsibilities:
- Review fixed asset authorizations to ensure requests are appropriate as capital and confirm the correct level of authority for the amount requested
- Set up assets in Oracle to track spending
- Identify assets ready to be placed in service and obtain capitalization forms from the business units
- Create system records for new assets
- Record asset disposals and sales
- Record transfers and capitalizations
- Prepare and record fixed asset-related entries in non-Oracle general ledgers
- Provide physical tags to locations and assign numbers for newly capitalized assets
- Run depreciation expense using Oracle system tools
- Reconcile fixed asset subledger to the general ledger, researching and correcting differences
- Report construction-in-process detail and capital expenditures to each business unit
- Prepare a roll-forward of fixed asset balances, including new assets, disposals, depreciation expense, and foreign exchange that ties to the GL
- Prepare gain and loss reports for assets sold and disposed
Qualification Required:
- 5-9 years of relevant experience
- Location: North Bangalore
- Working Hours: General shift
You should have:
- Five years of accounting experience, specifically in US GAAP
- Knowledge of commonly used accounting and fixed asset concepts, practices, and procedures
- Proficiency in Oracle Project Accounting, Fixed Assets, and General Ledger modules
- Ability to work with limited supervision and make level-appropriate decisions
- Detail-oriented with the ability to work with large spreadsheets and reconcile data from multiple sources
- Strong computer skills, including proficiency in Excel and Outlook
- Ability to meet deadlines, especially during month-end close for processing and reporting
(Note: No additional details about the company were present in the job description),
Key Responsibilities:
- Review fixed asset authorizations to ensure requests are appropriate as capital and confirm the correct level of authority for the amount requested
- Set up assets in Oracle to track spending
- Identify assets ready to be placed in service and obtain capitalization forms from the business units
- Create system records for new assets
- Record asset disposals and sales
- Record transfers and capitalizations
- Prepare and record fixed asset-related entries in non-Oracle general ledgers
- Provide physical tags to locations and assign numbers for newly capitalized assets
- Run depreciation expense using Oracle system tools
- Reconcile fixed asset subledger to the general ledger, researching and correcting differences
- Report construction-in-process detail and capital expenditures to each business unit
- Prepare a roll-forward of fixed asset balances, including new assets, disposals, depreciation expense, and foreign exchange that ties to the GL
- Prepare gain and loss reports for assets sold and disposed
Qualification Required:
- 5-9 years of relevant experience
- Location: North Bangalore
- Working Hours: General shift
You should have:
- Five years of accounting experience, specifically in US GAAP
- Knowledge of commonly used accounting and fixed asset concepts, practices, and procedures
- Proficiency in Oracle Project Accounting, Fixed Assets, and General Ledger modules
- Ability to work with limited supervision and make level-appropriate decisions
- Detail-oriented with the ability to work with large spreadsheets and reconcile data from multiple sources
- Strong computer skills, including proficiency in Excel and Outlook
- Ability to meet deadlines, especially during month-end close for processing and reporting
(Note: No additional details about the company were present in the job description),
💡 Quick Summary
Seeking a career-building opportunity? The Senior Fixed Asset Accountant position is now open for candidates interested in the Accountant Jobs sector. This role in Bangalore offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
