Skill required: Record To Report - Fixed Asset Accounting
Designation: Record to Report Ops Manager
Qualifications:BCom/MCom/Master of Business Administration
Years of Experience:13 to 18 years
About AccentureAccenture 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 699,000 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? • Lead the Fixed assets team, mentor/ coach direct reports and oversee the day-to-day activities of the team
• Liaise closely with External Financial Reporting, Tax, and Real Estate on Fixed Assets Reports and Tax Reporting requirements
• Answer CRA audit and KPMG inquiries re: Fixed Assets transactions and reports
• Review Fixed Assets Reconciliations and Periodic Gain & Loss Report
• Review periodic forecast, e.g. Depreciation, NBV write-off and De-recognition
• Review Quarterly LRE Fixed Assets reports e.g. Fixed assets roll, Quarterly Supplemental, Write-down Reports, Franchisee Consolidations and Other Tax reports
• Prepare Annual fixed assets related Notes and Disclosures e.g. Fixed Assets, Investment Properties, Assets held for sale, Operating Lease notes. Consolidate reports from all other non-SAP legal entities.
• Oversee the Annual Depreciation Budget for all business partners e.g. Retail, Real Estate, Supply Chain
• Assist in the Annual Store Impairment process
• Provide Support to the whole LRE Team and overall business upon request
• Improve the current processes and documentations to enhance efficiency
The role is focused on implementing process and solutions to record and process all aspects of Fixed Asset Accounting. The team works in the area of fixed assets mass additions, retirements, transfers, depreciation, accruals, capital work in progress additions. This position may also include working on chart of accounts alignment, back office integration, folio management, payment processing,physical inventory and Construction in Pro transfer & retirement of assets, cess (CIP) project accounting. Having a strong understanding of fixed asset activities and transactions (with US GAAP/IFRS knowledge) and SOX controls is preferred.
What are we looking for? •Accounting & Financial Reporting Standards
•Accounting Reconciliation
•Fixed Asset Accounting
•Balance Sheet Account Reconciliations
•Intercompany Account Reconciliation
•Problem-solving skills
•Strong analytical skills
•Written and verbal communication
•Thought leadership
•Risk management
• Must have excellent analytical skills
• Strong communication and presentation skills
• Strong planning and organizational skills
• Expertise in MS Excel is essential for this role. Knowledgeable of using SUMIF, VLOOKUP and pivot table functions is a minimal requirement.
• Results oriented - ability to prioritize and consistently delivers on time with high degree of accuracy.
• Ability to work in a fast pace environment
Roles and Responsibilities: •In this role you are required to identify and assess complex problems for area of responsibility
• The person would create solutions in situations in which analysis requires an in-depth evaluation of variable factors
• Requires adherence to strategic direction set by senior management when establishing near-term goals
• Interaction of the individual is with senior management at a client and/or within Accenture, involving matters that may require acceptance of an alternate approach
• Some latitude in decision-making in involved
• you will act independently to determine methods and procedures on new assignments
• Decisions individual at this role makes have a major day to day impact on area of responsibility
• The person manages large - medium sized teams and/or work efforts (if in an individual contributor role) at a client or within Accenture
• Please note that this role may require you to work in rotational shifts
BCom,MCom,Master of Business Administration
About Accenture
Accenture is a leading global professional services company that helps the world’s leading organizations build their digital core, optimize their operations, accelerate revenue growth and enhance services—creating tangible value at speed and scale. We are a talent- and innovation-led company with 774,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at www.accenture.com
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