Administrator Fixed Assets

Year    Bangalore, Karnataka, India

Job Description


Job Title:Administrator - Fixed AssetsSummary: Responsible for fixed assets and lease accounting, including but not limited to, SAP fixed asset transactions, reconciliations between the fixed asset system and general ledger, financial reporting, and compliance with internal and business controls.Responsibilities Include:

  • Creation of capex projects in SAP
  • Perform capex closure activities and asset capitalization
  • Record fixed asset retirements, sales, transfers, and accelerated depreciation
  • Assist in preparing monthly reports for IGAAP Fixed Asset register
  • Drive the Annual idle asset review and Physical Verification of Assets process and its accounting
  • Assist in preparing USGAAP and IFRS compliant fixed asset and intangible reporting
  • Assist in preparing monthly Capex reports/roll forward reports
  • Perform Blackline reconciliations every month with accurate supporting documents
  • Adhere to the accounting and reporting as per the SOX and KSOX compliance
  • Preparation and loading of leases in the lease ERP and its analysis
  • Reconcile the balance in the fixed asset sub-ledger vs. general ledger
  • Conduct various flux analyses with respect to PPE and Intangibles
  • Resolve all queries received in the generic mailbox within the agreed turnaround time
  • Support with additional/ad-hoc responsibilities as per the organization\'s requirements
  • Coordinate requirements of Controllership, Treasury & Manufacturing for information from the fixed asset and project system module
  • Ensure compliance with legal/tax regulations and corporate policy for capitalization and purchase of fixed assets
  • Support controllership reporting activities
Qualifications:The following are required for the roleBasic Qualifications:
  • B.Com / M.Com graduate with 2-4 years of experience in Fixed Asset Accounting
  • Experience using the following systems: SAP (must have), Business Warehouse, Blackline, Lease Accelerator among similar tools.
Preferred Qualifications:Experience working with Global teams * Service mentality, Proactive & problem-solving skills
  • Transformational spirit, creative personality
  • Process improvement/optimization skill
  • Demonstrated ability to meet work and project deadlines producing high quality output
  • Excellent prioritization and organizational skills to manage multiple deliverables
  • Strong PC and systems familiarity; excellent MS Office Excel and PPT skills
What We Offer:At Momentive, we value your well-being and offer competitive total rewards and development programs. Our inclusive culture fosters a strong sense of belonging and provides diverse career opportunities to help you unleash your full potential. Together, through innovative problem-solving and collaboration, we strive to create sustainable solutions that make a meaningful impact. Join our Momentive team to open a bright future. #BePartoftheSolutionAbout Us:Momentive is a premier global advanced materials company with a cutting-edge focus on silicones and specialty products. We deliver solutions designed to help propel our customer\xe2\x80\x99s products forward\xe2\x80\x94products that have a profound impact on all aspects of life, around the clock and from living rooms to outer space. With every innovation, Momentive creates a more sustainable future. Our vast product portfolio is made up of advanced silicones and specialty solutions that play an essential role in driving performance across a multitude of industries, including agriculture, automotive, aerospace, electronics, energy, healthcare, personal care, consumer products, building and construction, and more.Momentive believes a diverse workforce empowers our people, strengthens our business, and contributes to a sustainable world. We are proud to be an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any characteristic protected by law.To be considered for this position candidates are required to submit an application for employment and be of legal working age as defined by local law. An offer may be conditioned upon the successful completion of pre-employment conditions, as applicable, and subject to applicable laws and regulations.Note to third parties: Momentive is not seeking or accepting any unsolicited assistance from search and selection firms or employment agencies at this time.

Momentive Performance Materials

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Job Detail

  • Job Id
    JD3437102
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Bangalore, Karnataka, India
  • Education
    Not mentioned
  • Experience
    Year