Live opening · Posted 4 days ago

Asset Accounting Senior Analyst

Castrol India Limited · India - Pune
Workday
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At a glance

The key details from the original listing.

Posted 4 days ago
CompanyCastrol India Limited
LocationIndia - Pune
SourceWorkday
Listed4 days ago

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About the role

Description supplied by the original job listing.

Entity:
Finance
Job Family Group:
Finance Group
Job Description:
We are a global energy business involved in every aspect of the energy system. We are working towards delivering light, heat, and mobility to millions of people every day. We are one of the very few companies equipped to solve some of the big complex challenges that matter for the future. We have a real contribution to make to the world's ambition of a low-carbon future. Join us and be part of what we can accomplish together. You can participate in our new ambition to become a net zero company by 2050 or sooner and help the world get to net zero.
Would you like to discover how our diverse, hardworking people are leading the way in making energy cleaner and better – and how you can play your part in our world-class team?
Purpose of role:
The Asset Accounting Analyst is accountable for ensuring accurate and timely recording, collection, and processing of end to end process in asset accounting and reporting, performance reporting, statutory accounting, Internal/external audits and direct/indirect tax transactions while ensuring adherence to policies and procedures in the drive for exceptional customer service, operational excellence and compliance.
Operational Competencies
Supervise and monitor the prompt and accurate recording of financial transactions (e.g. ledger entries, journal postings, fixed asset postings etc.) in line with relevant requirements, policies and procedures covering the entire Asset Life cycle ie. Assets Under Construction, Capitalization, Capitalization, Disposal etc
Prompt and accurate recording of critical and complex financial transactions (e.g. ledger entries, journal postings, fixed asset postings etc.) and adherence of the same that they are in line with relevant requirements, policies and procedures
Ensure timely delivery of end to end process in asset accounting and reporting, performance reporting.
Ensure timely and accurate monthly and quarterly reporting to stakeholders / embedded finance i.e QAR, KPI
Monitor open and overdue items and follow-up accordingly with the appropriate team.
Ensure compliance with company policies, accounting principles, and regulatory requirements in all reconciliation activities
Perform regular reconciliations of balance sheet accounts to ensure accuracy and completeness and review when required
Stay updated on accounting standards and regulations relevant to Asset Accounting practices.
High level of familiarity with the systems used to record the accounts to ensure it complies and accounting requirements correctly.
Liaising with collaborator and colleagues in different geographical locations, time zones to resolve or further advance any complex issues faced
Ensure timely liasing with seniors for adherence of control checks and its effectiveness
Timely and effective communciation to resolve complex, critical and adhoc queries raised by collaborator / embedded finance teams
Timely critical issue for queries raised by collaborator / embedded finance teams requiring clarity
Train / coach team members in day-to-day process changesand system updates
To participate in internal / external audit if and when required
To adapt agile mindset
Essential Education and Experience
Bachelor’s Degree in Business, Finance, Accounting or related field.
Recognized professional accounting qualification (e.g. ACCA, CPA, CIMA).
Ability to meet month-end close and other deadlines
Strong analytical and problem-solving skills
Strong communication and interpersonal skills
Good organizational skills - attention to detail
Bias for action underpinned by a strong work ethic, teamwork and proven track record of value added.
Minimum of 6 years of experience in general and/or financial accounting and 1 year of proven experience in Fixed Asset Accounting
Required Criteria
English language competency
Demonstrated proficiency with SAP
Preferred Criteria
Shared service center experience
General accounting experience
We are an equal opportunity employer and value diversity at our company! We do not discriminate based on race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.
We will ensure that individuals with disabilities are provided with reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Travel Requirement
Negligible travel should be expected with this role
Relocation Assistance:
This role is eligible for relocation within country
Remote Type:
This position is not available for remote working
Skills:
Accounting policy, Accounting Processes and Financial Systems, Analytical Thinking, Analytics, Asset Accounting, Asset Life Cycle Management, Business process control, Business process improvement, Customer centric thinking, Data Analysis, Digital Automation, Digital Fluency, Financial Reporting, Fixed Asset Accounting, General Accounting, Internal control and compliance, Journal Posting, Ledger Balancing, SAP Ariba, SAP Basis
.


Legal Disclaimer:
We are an equal opportunity employer. We do not discriminate on the basis of protected characteristics like race, religion, color, sex, national origin, sexual orientation, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.
If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.

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