Book Keeping and Reconciliation of assets and records
Perform asset bookkeeping related works such as identifying assets pending for Capitalization, validating them with the documents related to the asset, updating the records with transfers and retirements.
Coordinate overall monthly close process, including importing, reviewing and postal of journals.
Reconciling various accounts of inventory and fixed asset with other related modules.
Perform asset capitalization process and procedure.
Monitor and report inventory and fixed asset transactions and develop inventory and fixed asset analysis reports.
Asset Controlling:
Assigning and monitoring the custodianship.
Recording asset transfers and retirements and accordingly updating the custodianship.
Tracking of assets from procurement until retirement.
Monitoring the working of Gate-pass and the Entry and Exit registers at the gates and to ensure the system is working fine.
Monitor the Slow moving, non-moving, obsolete and expired items.
To tag the new assets and ensure the asset tagging is up-to-date.
Plan, coordinate and perform random and periodic physical inventory and fixed asset counts and scrutinize the variances and execute necessary corrective actions.
Generate periodical reports on inventory and fixed assets discrepancies and resolve.
Verification of assets, which are transferred and are meant for disposal.
Initiate any procedural changes required for better practice based on the variance analysis and outcome.
Ensure the policies and procedures related to Inventory and Fixed Assets are followed properly throughout the organization.
Assist the Inventory and Asset verification team, Internal and External Auditors for annual statutory audits.
Other duties:The incumbent will undertake any such related duties or responsibilities as directed.
