Skill required: Record To Report - Fixed Asset Accounting
Designation: Record to Report Ops Analyst
Qualifications:Bachelor's degree with Finance specialization
Years of Experience:3 to 5 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world's largest network of Advanced Technology and Intelligent Operations centers. Our 784,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do We are looking for an experienced in Fixed Assets Accounting involves tracking asset purchases, disposals, and transfers, computing monthly depreciation, reconciling subsidiary ledgers, and maintaining an accurate, audit-ready fixed asset register in compliance with relevant accounting standards. Ability to work in a high-volume, SLA-driven environment. SAP experienced is preferrable
What are we looking for Preferred Qualifications
- Commerce/Finance/Accounting graduate
- Experience in shared services / BPO environment Key Competencies
- Problem-solving mindset, ability to work under pressure
- Strong SLA adherence
- Basic accounting skills, especially Net Book Value & Capitalization
- Knowledge of AUC or WIP / Capitalization / Depreciation / Retirements & Disposals Gain or Loss
- Commendable and Confidence on managing clients queries
- Day-to-day connect with clients and quick responsiveness
- Experience in SAP / S4 HANA (t-codes), ServiceNow, Recon-smart / cadency
- Strong Excel and reporting skills
- Good communication and stakeholder management Roles and Responsibilities:
- Asset Life Cycle consists of record equipment capitalization, maintaining the fixed asset register, and log transfers, sales, and disposals
- Track capital expenditure costs, monitor project budgets, and transfer completed projects from CIP / AUC to fixed assets
- Create AUC, settlement run & capitalize assets upon the request
- Perform WBSE settlement on individual & total assets
- Monitor Capital Work-in-Progress balances to ensure prompt capitalization
- CPI calculation and analysis on interest rate during month-end closing
- Calculate and record standard depreciation schedules and capitalized interest
- Process asset retirements, scrapings, or sales while calculating resulting financial gains or losses
- Prepare and post the transaction of asset-to-asset, IC and 3rd party transfers
- Analyze and recalculate RAV (replacement asset value) for the undervalued assets
- Reconcile fixed asset subsidiary ledgers with the general ledger on monthly basis
- Maintain roll-forward schedules for yearly closing activities
- Adherent to compliance policies, SODs and audit trail
- Track and resolve tickets within defined SLAs/TAT
- Ensure compliance with SOPs, internal controls, and audit requirements
