Fixed Asset Accountant

4 days ago


Hyderabad City Taluka, Pakistan beBeeAssetAccountant Full time 800,000 - 1,200,000
Fixed Asset Accountant Role">

This role exists to ensure the company's fixed assets are accurately accounted for, which helps make informed financial decisions and maintain compliance with regulations.

The senior accountant responsible for maintaining and accounting for the company's long-term physical assets, such as property, equipment, building and equipment. This individual ensures these assets are properly recorded and reported in the financial statements, and in compliance with accounting standards and laws.

Key Responsibilities

  • Review, analyze and process all capital asset disposals and capital asset transfer requests.
  • Maintain and close Asset Management.
  • Maintain open communication with project managers regarding the status of projects.
  • Prepare monthly reconciliation of fixed asset subledger to General Ledger balances for segments.
  • Responsible for ensuring proper internal controls are in place and all transactions are recorded timely and accurately in accordance with GAAP and established SOX requirements and procedures.
  • Prepare and record system depreciation, capitalized labor, and reclassification and adjustment journal entries as needed.
  • Provide support and training to other departments on fixed assets policies and procedures.
  • Analyze operational variances between current month and prior month.
  • Continuously monitor and recommend improvements to fixed assets processes and procedures.
  • Track and capitalize all expenditures such as labor costs for projects under construction.

Requirements

  • Bachelor's Degree in Accounting, Finance, Business Management or equivalent.
  • 2 years accounting/audit experience.
  • Fluent in English.
  • Experience in working with all levels of management including project managers.
  • Experience preparing and reviewing general ledger account reconciliations.
  • Experience with monthly and quarterly financial reporting and variance analysis.

Preferred Qualifications

  • Master's degree and/or CPA.
  • 2+ years Fixed Asset project accounting.
  • Previous knowledge and experience with ERP System (SAP or PeopleSoft).
  • Good knowledge of asset classification and experience planning and executing audits.

A strong understanding of general ledger and subledger is required for this role.

Guiding Principles

The company operates based on guiding principles that are central to how things get done. These can be found at www.example.com/guiding-principles/ along with some insights from the team on what they mean and how they show up in their day to day.

Equal Opportunity Employer

The company is an equal opportunity employer that takes seriously its responsibility to consider qualified candidates on the basis of merit, regardless of sex, gender identity, ethnicity, age, sexual orientation, religion or belief, marital status, pregnancy, parenthood, disability or any other category protected by law.



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