Fixed Asset Accountant

Department Icon Stock Market Trading Asset & Wealth Management
Posted: 3 months ago
5-8 years
Navi Mumbai, Maharashtra
Stock Market Trading Asset & Wealth Management
work from office
Full Time

Posted: 3 months ago
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Job Description

Key Accountabilities

  • Oversee the capitalization, depreciation, and disposal of fixed assets, ensuring compliance with IFRS, Industry standards and company policies.
  • Perform depreciation variance analysis. Develop and circulate global depreciation forecasts for budgeting and reporting.
  • Calculation and posting of Capitalized interest entries, including the review of WACC with treasury.
  • Maintain the Fixed Asset Register (FAR), reconciling sub ledger with the General Ledger.
  • Manage accounting of asset transfer, retirements and disposals, including determining and recording of associated gain or loss.
  • Roll forward PP&E & Intangible asset and Accumulated Depreciation accounts.
  • Yearly impairment testing for Customer Lists , Trade Mark and Technology assets in working with the Corporate Accounting team
  • Track capital expenditures (Capex) against approved budgets and manage Construction in Progress (CIP) accounts, ensuring timely capitalization of completed projects.
  • Support budgeting and forecasting processes by providing accurate asset-related data.
  • Ensure compliance with applicable laws, regulations, and company policies. Understanding and adhering to SOX control.
  • Coordinate with internal and external auditors and regulatory bodies as needed during financial and operational audits.
  • Built and maintain SOPs for all Fixed Asset transactions and ensure compliance with company policy.
  • Coordinate with technical accounting and global teams for queries and process improvements.

We believe you bring

  • Strong understanding of accounting principles and financial reporting related to Fixed Asset/Intangibles .
  • Strong knowledge of IFRS and experience with large-scale capital projects.
  • Proficiency in Microsoft Office Suite, with advanced skills in Excel.
  • Experience with ERP systems, such as SAP.
  • Experience working with CAPEX projects and asset impairment assessments.
  • Strong analytical, problem-solving, and organizational skills.
  • Ability to communicate effectively, both written and verbally, with employees at all levels within the organization.

We believe you are...

  • CA Inter/MBA Finance/CMA Inter with a minimum of 5-8 years of relevant experience in fixed assets accounting, preferably in manufacturing industry.
  • Committed to continuous education through workshops, seminars, and conferences.
  • Strong sense of urgency and responsibility.
  • Proactive approach to problem-solving with strong decision-making skills.
  • Ability to work independently and as part of a team.
  1. Professionalism, patience & self-starter

We offer you

At Nouryon, we not only offer an exciting role and nice colleagues, but also benefits in addition to your salary. Nouryon has a collective agreement with IKEM, but in addition to that, we also offer unilateral benefits such as bonus, reduced working hours, health care allowance, lunch allowance and much more.

Are you passionate about sustainability, innovation, safety, and collaboration Do you want to grow together with a company that is forward-looking and continuously improving how they work Our employees have ideas on how to build a sustainable future and the drive and passion to realize them. If that describes you, we will gladly make way for your ambitions. From day one we support you with your personal growth, through challenging positions and comprehensive learning and development opportunities, in a dynamic, international, diverse, and proactive working environment.

Good to know

This is a permanent position on a full-time basis, reporting to the Senior Manager - Accounts The position will be open in Mumbai India

Please apply via our online recruitment system with an uploaded job specific resume. We care for your personal data hence we do not accept applications via e-mail, these applications will be disregarded.

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