Executive - Asset Accounting - Bengaluru, India - Hindustan Coco-Cola Beverages

Hindustan Coco-Cola Beverages

Verified Company

Bengaluru, India

1 week ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Job Description:

Objective: Ensuring smooth and timely recording of fixed assets company records

Title: Executive

Asset Accounting
Function: Finance
Work Location: Bangalore
Job Responsibilities:
1. Create and monitor a system of controls, procedures, and forms for the recordation of fixed assets.
2. Recommend to management any updates to accounting policies related to fixed assets.
3. Assign tag numbers to fixed assets.
4. Record fixed asset acquisitions and dispositions in the accounting system.
5. Track the compilation of project costs into fixed asset accounts, and close out those accounts once the related projects have been completed.
6. Reconcile the balance in the fixed asset subsidiary ledger to the summarylevel account in the general ledger.
7. Calculate depreciation for all fixed assets.
8. Review and update the detailed schedule of fixed assets and accumulated depreciation.
9. Investigate the potential obsolescence of fixed assets.
10. Conduct periodic impairment reviews for intangible assets.
11. Conduct periodic physical counts of fixed assets.
12. Conduct analyses related to fixed assets as requested by management.
13. Prepare audit schedules relating to fixed assets, and assist the auditors in their inquiries.
14. Represent the company during any audits by a government that involve fixed assets.
Supervises: NA
Direct Reports: NA
Grade (Internal Reference): 6
Reports To: Asset accounting manager
Key Customers:
Internal Customers: Sales/Finance/Supply Chain/Manufacturing/ Cold Drink Equipment
External Customers: NA
Job Requirements:
Qualifications: MBA (Finance) from a reputed institute.
Experience: 24 years of relevant experience in Fixed asset accounting
Functional Skills:
Maintain good cordial relationships with the related parties.
Should be a team player.
Efficient data analysis skills.
Travel:
20%

**Job Requirement