Manager- Finance Capex - Bengaluru / Bangalore - confidential

    confidential
    confidential Bengaluru / Bangalore

    1 week ago

    Full time
    Description

    Role & responsibilities

    • Maintain a detailed fixed asset register, including acquisitions, disposals, and transfers.
    • Ensure accurate classification, tagging, and identification of all fixed assets.
    • Calculate and record depreciation expenses in accordance with accounting standards (e.g., IFRS, GAAP).
    • Conduct regular asset revaluation and impairment assessments.
    • Conduct periodic physical verification of fixed assets and reconcile discrepancies.
    • Collaborate with internal and external auditors during asset audits.
    • Ensure adherence to regulatory and accounting standards related to fixed assets.
    • Prepare and submit fixed asset reports, including schedules for financial statements.
    • Maintain accurate records of stock levels, movements, and valuations in SAP systems.
    • Monitor inventory levels to prevent overstocking or understocking.
    • Conduct periodic stock audits and reconcile physical inventory with system records.
    • Investigate and resolve inventory discrepancies or variances.
    • Develop strategies to optimize stock turnover and reduce holding costs.
    • Identify slow-moving or obsolete inventory and propose action plans.
    • Work closely with procurement, warehousing, and sales teams to ensure accurate stock forecasting.
    • Generate and analyst inventory and stock aging reports for management review.

    Preferred candidate profile

    • MBA in Finance, Accounting, Business Administration, or a related field.
    • Professional certifications like CPA, CMA, or CA are an advantage.
    • 5+ years of experience in fixed asset and inventory management.
    • Familiarity with ERP systems such as SAP S4HANA.
    • Strong understanding of accounting principles and asset management standards.
    • Proficiency in financial reporting tools and MS Excel.

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