Specialist - R2R
Business Title: Specialist – Capital Accounting Team
The Fixed Assets Specialist is responsible for managing the lifecycle of the company’s assets. This includes maintaining accurate records, ensuring timely capitalization, calculating depreciation, supporting audits, and ensuring compliance with accounting standards and internal policies. The role ensures proper financial reporting and control over the organization’s tangible and intangible assets.
| Key Focus Areas | Responsibilities / Deliverables | Key Metrics |
| Process Delivery | Ensure timely capitalization, accurate asset lifecycle management, and smooth project-to-asset transitions in compliance with accounting standards. | • Asset Capitalization accuracy and timeliness. (%) • Team SLA Adherence (%) |
| Reporting & Reconciliations | Deliver accurate CapEx and depreciation reports, lead reconciliations, and resolve variances across ledgers and physical asset records. |
• Reconciliation accuracy and timeliness. (%) |
| Compliance & Audit Readiness | Support to maintain robust internal controls, ensure policy adherence, and support successful internal and external audits. | • Compliance & audit score |
| Process Improvement & Automation | Identify and implement enhancements to drive efficiency, accuracy, and standardization in asset and project accounting processes.
| • Number of improvement/automation initiatives implemented leading to efficiency and effectiveness |
Organizational Parameters
Direct Supervisor- Team Lead/ Assistant Manager
Direct/ Indirect Reports- NA
Key Collaborative Network
Key Shared Accountabilities / Interfaces:
- Global Financial Reporting, COE, FP&A, and FBP Teams
- Global Technology Team
- Statutory and Tax auditors
- GFS Teams
Required Education, Experience, Technical Skills, and Knowledge
Education:
- Bachelor’s degree in a relevant field of work or an equivalent combination of education and work-related experience. Professional certifications are considered an asset.
Experience:
- 5+ years progressive work-related experience in accounting and finance.
Technical Skills & Knowledge:
- Strong written and verbal communication skills
- Good understanding of accounting principles with the ability to apply them effectively within the organisation
- Familiarity with accounting systems such as PeopleSoft and/or Essbase is preferred; proficient in Microsoft Office
- Awareness of key policies and their impact on accounting processes
Decision Rights
Other
- Flexible to work in multiple shifts as per requirement and in alignment with organizational policies.
Decision-Making Responsibilities (Decision Rights)
- Responsible for service delivery in the sub-process.
- First-level review of process activities
- Interpret and clarify process-related policies and controls to the team
- Support & lead finance initiatives to streamline and improve day-to-day activities
- Evaluate recurring manual tasks for potential efficiency gains
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