- Ensure seamless flow and execution of Capex tracking, deployment, site transfers, SRN activities coordinating with Supply Chain Management, Networks and Accounts Centre of Excellence
- Ensure timely, complete and accurate capitalization of assets account for depreciation and amortization
Accurate and complete accounting for fixed assets, duty and capital work in progress as per financial guidelines - Review of capex item codes, perform CWIP CL analysis and accounting for fixed assets
Facilitate sale of assets both to inter -company and scrap dealers for invoicing, payment, issuance or retirement from books. - Drive adherence to PTC process (recognition criteria for fixed assets, capitalization, impairment, depreciation and amortization)
- Ensure timely and accurate Capital Work In progress clearing, Capital Work in Progress provisioning with full adherence to relevant Fixed assets accounting guidelines, accounting standards and procedures
- Timely preparation of audit schedules and response to audit queries
- Drive reconciliations of Fixed assets, clearance of reconciling items, Invoice, credit note approvals and Physical Verification Exercise of all Company’s assets and reconciliation to General Ledger/ Fixed Assets Register.
- Perform monthly warehouse visits to review compliance status to procedures and processes
End to end management of Airtel Money Capital work in progress to final capitalization in the Fixed Assets. - Drive End-to-end oversight from purchase to capitalization process with proper documentation and process
- Ensuring adherence to SRN process with all the necessary approvals
- Ensuring adherence to the warehouse / GRN processes – proper gate process, inspection, and posting of Goods received notes.
- Track sites on air, site wise analysis and ensuring completeness of the capitalized assets
- End-to-end coordination of fixed assets verification exercise for all asset categories, reconciliation to GL and sub ledgers and following up to ensure reconciliation entries are taken in a timely manner
Qualifications
- Business related degree with ACCA/CPA/CFA certification
- Minimum 5 years in FMCG or Telecoms with experience in carrying out quantitative and qualitative analytical reviews on financial statement items
- Good analytical skills with keen attention to detail
- Good interpersonal skills
- Strong problem-solving skills
- Excellent communication and presentation skills
