Supervisor Fixed Assets

Role & responsibilities

A. Process

• Supervise and manage the fixed assets accounting team and processes.

• Performing accurate recording and reporting of all asset transactions, including additions, retirements, transfers, depreciation, adjustments and associated accounting.

• Ensuring all documentation to support transactions are accurately completed.

• Providing critical review of Fixed Asset transactions and performing sub-ledger to GL reconciliation

• Ensure compliance with US GAAP and internal accounting policies.

• Prepare and review monthly, quarterly, and annual fixed asset reports.

• Support internal and external audits by providing necessary documentation and explanations.

• Collaborate with cross-functional teams including Finance, Procurement, and IT.

• Drive process improvements and automation initiatives within the fixed asset function.

• Conduct regular meetings with Controller, Project Manager, Legal Entity Accountants, and FP&A teams to discuss fixed asset-related matters, impacts, and provide necessary information from the SAP Fixed Asset Module

• Monitor and ensure adherence to key controls of Fixed Assets

B. People

• Lead and develop the fixed assets team by fostering a culture of engagement, accountability, and continuous improvement.

• Motivate and mentor team members, providing guidance and support for professional growth.

• Conduct annual performance evaluations, set goals, and provide regular feedback to ensure team effectiveness and alignment with organizational objectives.

Required Skills & Qualifications:

• Bachelors degree in Commerce (B.Com)/semi-qualified CA/ICWA (Inter).

• 8 to 12 years of relevant experience in fixed assets accounting.

• Strong working knowledge of SAP Fixed Asset Module.

• Expert in Financial Accounting (US GAAP ASC 360)

• Strong understanding of Fixed Asset processes and practices

• Experience in managing fixed asset audits and reconciliations.

• Excellent analytical, organizational, and communication skills.

• Ability to lead and mentor a team effectively.

• Proficiency in MS Excel and other financial reporting tools.