Manager – Fixed Asset Accounting
Job Description:
Fixed Asset Accounting:
Supervise the end-to-end Fixed Asset accounting, Facilities allocations, closing, reporting and consolidation.
Ensure timely and accurate closure of books globally and its reporting to Regions/ BU’s
Manage depreciation accruals, provisions calculation and its posting.
Prepare Fixed Asset schedules for financial statements and report it timely, accurately to internal/ external stakeholders.
Maintain and reconcile the GL accounts, other reconciliations ensuring all transactions are accurately recorded and documented.
Support adjustment entries posting basis Management/ Audit reviews.
Conduct month end meetings with the teams to ensure that all goals and tasks are progressing as planned.
Track Capital in progress movement, providing insights into the organization's financial performance.
Provide fixed asset KPI, ration performance analysis to support strategic decision making.
Manage interactions with other internal finance teams for period end closing.
Manage team to document SOP update for changes/ improvements in underlying processes and facilitate client reviews and alignments.
Team Management:
Supervise the Fixed Asset team, performing period end accounting, closing, consolidation and reporting activities.
Foster a collaborative team environment and assist in developing team members’ skills and career paths.
Support the management to identify, evaluate, and on-board resources including training.
Build backup and cross training plans to ensure uninterrupted service performance.
Compliance and Policies:
Ensure compliance with company policies, internal controls, and relevant accounting standards.
Stay informed about changes in regulations, accounting standards affecting financial accounting and reporting.
.
Performance & Service Excellence:
Monitor performance of applicable Service Level Agreement (SLAs)/ Key Performance Indicators (KPIs) pertaining to efficiency, effectiveness and pro-actively drive and improve them.
Continuously evaluate and work on improving the efficiency of processes and procedures to enhance quality, efficiency, and productivity of the team.
Partner with client & Transformation team in defining and driving transformation agenda bringing in latest best practices.
Mentor operations team in implementing process improvements.
Internal Controls & Audit Support:
Co-ordinate with internal and external auditors, providing necessary documentation and explanations.
Maintain robust internal controls within the Fixed Asset function.
Facilitate the transition of fixed asset processes, encompassing knowledge transfer, reverse knowledge transfer, coordination with client stakeholders, and the documentation of Standard Operating Procedures (SOPs)
Manage Global Audits for the organization.
Work location: Bengaluru.
Shift: Flexible
Skills Required
Qualifications:
CA Inter/ CA or CMA inter/CMA mandatory with experience specifically in leading Fixed Asset processes or similar Controllership roles
GAAP and IFRS knowledge are Must.
Proficient in SAP and Blackline is MANDATORY
Experience:
8-12 years of experience in a finance & accounts, corporate finance, or consulting role, preferably in MNC, or global organizations, including 3-4 years of people management experience
Experience in managing and delivering large global transition projects, driving Client excellence, and dealing with key client leadership.
Skills and Competencies:
Strong understanding of the financial accounting processes
Strong leadership and team management skills.
Excellent communication and interpersonal skills and ability to manage client discussions.
Advanced problem-solving and analytical skills.
Proficient in data analysis and financial reporting, PowerPoint for creation of executive-level presentations.
Proactive approach to process improvement and innovation in financial practices.
Ability to work under pressure and manage deadlines.
Must possess a client-service mindset and a desire to take on tough and challenging projects.
“This position requires direct or indirect access to certain confidential information, hardware, software, technology, or technical information (referred to here as “Export-Controlled Information”) controlled under the U.S. International Traffic in Arms Regulations (ITAR) and/or the U.S. Export Administration Regulations (EAR). All personnel in this position must be eligible to or be able to obtain authorization from the appropriate agency to access applicable Export-Controlled Information. The U.S. Department of Commerce currently requires a foreign person with a most recent citizenship or permanent residency of Sudan, Ukraine, or a country currently designated in Country Group D:1, E:1 or E:2 (Supplement No. 1 to Part 740, Title 15) to have an export control license to access our Export-Controlled Information, unless they meet certain exemptions provided under U.S. export control laws and regulations. The list of applicable countries in Country Group D:1, E:1 or E:2may be updated by the U.S. government from time to time. The current processing time for an export control license is approximately 4 to 6 months.
Your employment or engagement with Infinera shall be contingent on verifying your eligibility or requirement for obtaining a necessary license and/or authorization from the appropriate agency. You will be required to provide certain information for export control compliance assessment purposes, and your information will be reviewed by Infinera's hiring and export control teams to ensure compliance with the U.S. export control laws and regulations. Infinera will collect necessary documents (such as proof of citizenship etc.) to assess license/authorization requirements if you are offered and accept the position.”
Infinera is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, sex, color, religion, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law. Infinera complies with all applicable state and local laws governing nondiscrimination in employment.