Job Summary: The Senior Executive / Assistant Manager – Fixed Assets will own FAR and fixed asset accounting across multiple locations/entities, including capex-to-FAR handover, CWIP ageing and capitalisation, depreciation, tagging/verification, FAR-GL reconciliation, and audit schedules - especially for fit-outs/leasehold improvements and project-heavy rollouts.Key Responsibilities:1. Fixed Asset Accounting & FAR MaintenanceOwn and maintain the complete Fixed Asset Register (FAR) for all locations and entitiesMulti-location rollouts, project-to-FAR handover and capex governanceEnsure accurate capitalisation of assets in line with accounting standards (Ind AS / AS)Classify assets correctly (Leasehold Improvements, M&E, IT Assets, Furniture & Fixtures, etc.)Calculate and post depreciation accurately as per Companies Act and internal policiesManage insurance coverage for all fixed assets, ensuring timely renewal, accurate asset declaration, and alignment with organizational risk policies.Coordinate with insurers, finance, and operations teams to handle claims, maintain documentation, and ensure end‑to‑end compliance for asset insurance processes2. Capitalisation, CWIP & Asset Lifecycle ManagementTrack Capital Work-in-Progress (CWIP) and ensure timely capitalisation upon asset readinessCoordinate with Projects and Operations teams to obtain completion certificates and asset handover documentsMonitor asset additions, disposals, transfers, impairments, and write-offsEnsure proper approvals and documentation for asset movement and disposalPrepare and maintain inventory register and ensure timely transfer and capitalisation3. Physical Verification & Asset TaggingPlan and conduct periodic physical verification of fixed assets across locationsReconcile physical verification results with FAR and investigate variancesEnsure asset tagging and asset location mapping is maintained accuratelyPrepare variance reports and support closure of discrepancies4. Reconciliation & ControlsMonthly: FAR–GL reconciliation, depreciation run, CWIP ageing reportQuarterly: physical verification plan + variance closureEnsure strong controls around asset capitalisation, depreciation, and disposalsIdentify gaps in asset accounting processes and recommend process improvementsSupport implementation of system-based asset controls within ERP5. Audit & ComplianceYear-end: fixed asset audit schedules, CARO/Companies Act reporting support, impairment review supportSupport statutory, internal, tax, and special audits related to fixed assetsProvide audit schedules, FAR extracts, depreciation workings, and supporting documentsEnsure compliance with Companies Act, accounting standards, and internal control requirementsSupport management reporting related to assets and capex6. ERP & SystemsMaintain asset master data in ERP systems (Zoho preferred)Support automation and system enhancements related to FAR and asset trackingEnsure data accuracy and integrity within ERP7. Stakeholder CoordinationWork closely with FP&A, Projects, Procurement, and Operations teamsCoordinate with external auditors and consultants for asset-related mattersProvide timely reports and insights to finance leadershipQualifications and Skills:Education: B.Com / M.Com / MBA (Finance) / CA / CA Inter / CMA with strong fixed asset accounting experienceExperience: 4–8 years of hands-on experience in Fixed Asset Accounting and FAR management. Experience with leasehold improvements / fit-outs / MEP capitalisation and componentisation.Industry Preference: Asset-heavy industries such as Real Estate (Commercial preferred), Infrastructure, Manufacturing, Hospitality, or WarehousingTechnical Skills:Strong understanding of:Fixed Asset Accounting and FAR maintenanceDepreciation as per Companies Act and accounting standardsCWIP tracking and capitalisationAsset verification and reconciliationHands-on experience with ERP systems (Zoho preferred)Strong MS Excel skillsKey Competencies:High attention to detail and accuracyStrong ownership and control mindsetAbility to manage large volumes of assets across multiple locationsStrong coordination and follow-up skillsAudit-oriented and compliance-driven approachCollaboration and communication:Proactive collaboration with Finance, Projects, Procurement, and Operations teamsClear communication with auditors and internal stakeholders to ensure accurate asset reporting and complianceHow the role Interact with other teams or Individuals:The role will work closely with:Finance teamsProjects & Engineering teamsProcurement & Operations teamsInternal and external auditors to ensure robust asset governance, accurate financial reporting, and audit readiness.If you feel eligible and interested in applying, please fill the form which is a part of the pre-screening process - Senior Executive or Assistant Manager – FAR - Bangalore – Fill out form