Assistant Manager - Financial Reporting & Compliance

About The Company

Position:

Location:

Department:

Job Summary

Key Responsibilities

• Fixed Assets Management:
• Maintain the fixed assets register, ensuring all acquisitions, disposals, and depreciation entries are accurately recorded.
• Conduct regular physical verification of assets and reconcile with the fixed asset register.
• Coordinate with various departments for capital expenditure (CapEx) budgeting and tracking.
• Compliance and Reporting:
• Ensure compliance with multiple GAAP standards (e.g., IFRS, US GAAP, local GAAP) in all fixed asset transactions and reporting.
• Prepare and present fixed assets reports for internal and external stakeholders.
• Assist in the preparation of financial statements with specific focus on fixed assets.
• Prepare Management Information System (MIS) reports for senior management.
• Audit and Internal Controls:
• Prepare audit schedules related to fixed assets and assist auditors in their inquiries.
• Develop and implement internal controls over the fixed assets process to ensure accuracy and compliance.
• Address and resolve audit findings, ensuring no adverse comments, and implement recommendations.
• Monthly Closures:
• Ensure timely and accurate month-end, quarter-end, and year-end close processes related to fixed assets.
• Reconcile fixed asset sub-ledger to the general ledger and prepare necessary journal entries.
• Analyze variances and provide explanations for significant differences.
• Guidance and Evaluation:
• Provide guidance to management on the evaluation of CapEx and OpEx assessments.
• Offer insights and recommendations on financial impacts related to fixed assets and enterprise asset life cycle management.
• System and Process Improvement:
• Utilize SAP Hana for asset management, reporting, and analysis.
• Enhance fixed asset processes and workflows for efficiency and accuracy.
• Drive the application of advanced technologies and automation in fixed assets and enterprise asset life cycle management.
• Provide training and support to team members on fixed asset management best practices.
  

Qualifications And Skills

• Professional accounting qualification (e.g., CA, Cost Accountant) preferred.
• 1-3 years of experience in fixed assets accounting in a multi-GAAP environment.
• Proficiency in SAP Hana and advanced Microsoft Excel skills.
• Strong understanding of IFRS, US GAAP, and local GAAP.
• Excellent analytical and problem-solving skills.
• Detail-oriented with strong organizational skills.
• Ability to work under tight deadlines and manage multiple tasks simultaneously.
• Strong communication and interpersonal skills.
• Go-getter attitude with a focus on ensuring deliverables are met on time.
  

Preferred Qualifications

• Experience working in a listed company.
• Knowledge of other ERP systems.
• Experience with process improvement initiatives.
• Familiarity with other accounting software and tools.