Sr. Assistant Manager Accounts (Fixed Assets)

As the Senior Assistant Manager of Accounts focusing on Fixed Assets at Cotton Web Limited, you play a critical role in overseeing the financial health and lifecycle management of the company's fixed assets. In this position, you are responsible for managing a team of five individuals, ensuring that all aspects of fixed asset management are executed proficiently and in compliance with applicable financial regulations. Your expertise in financial reporting, budgeting, and auditing will support the organizations strategic objectives while promoting best practices in asset valuation and depreciation methodologies. Your ability to work collaboratively with other departments will ensure seamless integration of financial data into the organization's overall financial framework and decision-making processes.
Responsibilities

Oversee the capitalization, retirement, and thorough scheduling of fixed assets to ensure accurate financial representation.
Process payments related to fixed assets and meticulously manage project documentation in collaboration with various departments.
Conduct variance analyses for fixed asset projects, ensuring proper record-keeping within the ERP system for real-time data accuracy.
Support the preparation of monthly, quarterly, and year-end financial accounts by providing precise fixed asset-related information.
Assist during external audits by preparing necessary documentation and ensuring appropriate adjustments are made to the accounts.
Conduct regular monthly stock-taking of fixed assets to maintain current and accurate asset records.
Analyze and implement best practices in fixed asset management to optimize asset utilization and overall financial performance.
Supervise and mentor a team of five, providing guidance on fixed asset management processes and ensuring adherence to company policies.
Ensure compliance with financial regulations and standards in all fixed asset accounting practices.
Utilize asset management software and ERP systems to streamline processes, generate reports, and enhance data accessibility.