VACANCY DETAILS :-
POST NAME - Fixed Asset Accountant
QUALIFICATION - CA/CMA/CPA/ACCA
EXPERIENCE - 3 Years
LOCATION - Gurgaon
JOB DESCRIPTION :-
This role is responsible for ensuring Fixed Asset Transactions within the Finance Shared Services Center (FSSC) are captured and reported accurately and timely in the company's financial statements in accordance to US Generally Accepted Accounting Principles and where needed based on local gaap, based on instructions from the responsible accounting and reporting manager.
How You’ll Make an Impact:
Maintains Fixed Asset ledger accounts for entities that are covered by the Finance Shared Services Center (FSSC) — including:
- updating and maintaining Fixed Asset ledger accounts for US GAAP & Statutory reporting
- timely and accurate monthly balance sheet account reconciliations as per template used by the FSSC - timely analysis, identification, communication and resolution of balance sheet account reconciliation issues
- assigns transaction codes to documents
- ensures that all are settled at month-end
- ensures that depreciation is recorded properly for each asset monthly
- prepares journal entries to general ledger
- assists/prepares annual property tax filings
- assures documents being processed are included in the appropriate accounting period
- analyzes and verifies internal consistency, completeness, and arithmetic accuracy of accounting documents - analyzes and researches and corrects issues related to accounting
- communicates issues with errors, procedure violations and discrepancies with all levels of management - -Manage administration of physical count of FA and makes appropriate adjustments to ledger for assets for adds and disposals.
- Manage the asset tagging process once an asset is placed in service
Month-end closing activities including:
- Assists when monthly reporting to Corporate (M's and Q's) as per Bio-Rad policies and procedures are submittedU
- Updates and maintains month-end/quarter-end/year-end closing schedules
- Performs balance sheet and income statement account analyses and actual versus budget comparisons to determine if there are missing entries or significant variances that require further investigation.
- Processes accruals during month-end close
- Prepares the monthly Fixed Asset roll forwards those ties to the GL. - assists in preparation of QVRs
- Assists for responding to any questionnaires from corporate
- Prepares and distributes Quarterly FA Impairment Memo and Fixed Asset Register to Finance/Operations Business
- Works on unique and critical projects and problems including:
Assists in special projects and requests involving general accounting systems
Internal controls including:
- Assists in internal control reviews for assigned control objectives required by section 404 of Sarbanes-Oxley - Assists in internal and external audit requests — before, during and after — as well as the completion of audit required analyses.
- Assists in answering auditing questions and resolves auditing issues.
- Ensures compliance with applicable Corporate Policies and Procedures
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