AGM - Cluster APA Lead

Role / Job Band

Cluster Assets & Project Accounting (APA) Lead

Function/ Department

Finance – FinOps

Reports to

Cluster Finance Head

Location

Cluster HQ

Job Purpose

The role would be responsible for end to end Assets controls and accounting for the circle/Cluster and involve strong understanding of Accounting process, SAP system knowledge, SSC controls and required skillset to analyse Fixed Asset Register, Capital Work-in-Progress / Provisional capitalisation, validate inter state/ intra circle / inter circle transfers and variance review of Depreciation to ascertain its correctness. Jobholder will also be responsible to minimise financial exposure from any loss of assets by ensuring timely settlement of insurance claims.

The position need to lead and coordinate Physical Verification of Assets (ICFR control), impairment assessment, Scrap approval at cluster and asset retirement through SSC and insurance claims as per Organisational policy.

Process owner need to ensure adherence to Internal Controls and SOX Compliance norms relating to the APA process and would work with close coordination with all functions and in specific SSC, NWS, Admin, Retail, SCM, and Corporate team.

Key Result Areas/Accountabilities

1. Coordinate with NWS team to get NSS update for New sites, site to site movement to ensure timely and correct capitalization and review monthly FAR additions.