Role: Asst. Manager/Deputy Manager – Fixed Assets
Qualification : B.com
Reports to: Sr. AGM Accounts and Finance
Location : Govandi ( East ), Mumbai ( 2nd & 4th Saturday off, 1st, 3rd, 5th Saturday working )
Office Timings : 9:00 am to 5:30 pm ( Extended working hours need basis)
Major Job Responsibility :
Fixed Assets Accounting
Manage process of accounting for Fixed Assets- Asset Master creation role:
● Classifying assets as per asset class including asset useful life, and creating asset master and WBS
in SAP
Manage accounting for Fixed Assets- Accounts Payable Role:
● Capitalization of assets by identifying nature of purchase and making appropriate CWIP
working and capitalization entries
● Run SAP program to calculate depreciation and arrive at WDV on a regular basis
● Book relevant entries in the system for assets sales/transfer and write-off of assets across
locations
● Regularly scrutinize open capital advances and General Ledger related to fixed assets
● Review of Capital Work in Progress of projects and individual assets
● Manage SOP-based physical verification of assets
● Preparation of Fixed asset schedules as per Company Act
● Preparing asset addition & sale list, Fixed Asset register, Computation of depreciation as per
● IT act , Fixed Assets Schedule and projected depreciation for advance tax working
● Preparing MIS report related to capital creditors, open GRIR, Open CWIP and capital spends
● Reviewing documents & releasing advance as per payment terms & advance against RA
Bills
● Initiating final payment, accounting & booking of vendor invoices in the system
● Booking all transactions onto the system including RA Bills
● Checking GST & TDS compliances of vendor bills
● Reviewing all open GRNs and documents
● Adjusting open advances
● Liaise with Project team/procurement team/plants for bills, completion certificates
Finalisation of Accounts:
● Support finalization by assisting in physical verification of assets and subsequent
reconciliations
● Post depreciation entries in SAP in order to ensure accurate closure of books
● Collate documents for statutory and internal audits
● Assist during audits and respond to auditor queries
● Implement recommended follow-up actions post-audit
● Ensure personal and team adherence to SOPs, regulatory norms and accounting guidelines
● Preparing MIS report related to capital creditors, open GRIR, Open CWIP and capital spends
Preferred candidate profile
Experience: 5+ yrs of SAP / SAP HANA preferred (Accounts payable and receivable with Fixed Asset
exposure.)
Exceptionally well organized with a track record that demonstrates self motivation, creativity
Candidate should be excellent in communication
Apply: careers@2softsolutions.com