Specialist - R2R

Business Title: Specialist – Capital Accounting Team

The Fixed Assets Specialist is responsible for managing the lifecycle of the companys assets. This includes maintaining accurate records, ensuring timely capitalization, calculating depreciation, supporting audits, and ensuring compliance with accounting standards and internal policies. The role ensures proper financial reporting and control over the organizations tangible and intangible assets.

Key Focus AreasResponsibilities / DeliverablesKey MetricsProcess DeliveryEnsure timely capitalization, accurate asset lifecycle management, and smooth project-to-asset transitions in compliance with accounting standards.

• Asset Capitalization accuracy and timeliness. (%)
• Project Closure Efficiency
• Team SLA Adherence (%)

Reporting & ReconciliationsDeliver accurate CapEx and depreciation reports, lead reconciliations, and resolve variances across ledgers and physical asset records.

• Depreciation Accuracy Rate (%)
• Reconciliation accuracy and timeliness. (%)

Compliance & Audit ReadinessSupport to maintain robust internal controls, ensure policy adherence, and support successful internal and external audits.

• Compliance & audit scoreProcess Improvement & Automation Identify and implement enhancements to drive efficiency, accuracy, and standardization in asset and project accounting processes.
• Number of improvement/automation initiatives implemented leading to efficiency and effectiveness

  Organizational Parameters

• Direct Supervisor- Team Lead/ Assistant Manager
• Direct/ Indirect Reports- NA
• Key Collaborative Network
• Key Shared Accountabilities / Interfaces:

• Global Financial Reporting, COE, FP&A, and FBP Teams
• Global Technology Team
• Statutory and Tax auditors
• GFS Teams

Education:

• Bachelors degree in a relevant field of work or an equivalent combination of education and work-related experience. Professional certifications are considered an asset.

Experience:

• 5+ years progressive work-related experience in accounting and finance.

Technical Skills & Knowledge:

• Strong written and verbal communication skills
• Good understanding of accounting principles with the ability to apply them effectively within the organisation
• Familiarity with accounting systems such as PeopleSoft and/or Essbase is preferred; proficient in Microsoft Office
• Awareness of key policies and their impact on accounting processes

Decision Rights

Other

• Flexible to work in multiple shifts as per requirement and in alignment with organizational policies.

Decision-Making Responsibilities (Decision Rights)

• Responsible for service delivery in the sub-process.
• First-level review of process activities
• Interpret and clarify process-related policies and controls to the team
• Support & lead finance initiatives to streamline and improve day-to-day activities
• Evaluate recurring manual tasks for potential efficiency gains

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