BPO PE and Fund accounting Sr Specialist

Fixed Assets and Billing Accounting – Associate

Location

Mumbai

POSITION SUMMARY

The Fixed Assets and Billing Accounting Team is a part of the Office of the CFO and Controllership organization. The Associate will be a member of a team of professionals responsible for the end-to-end accounting of fixed assets and billing/accounts receivable processes. The Associate will ensure accurate asset lifecycle management, timely billing, and effective receivables monitoring while supporting business partners with reporting and analysis.

KEY RESPONSIBILITIES AND DUTIES

Fixed Assets

Manage the end-to-end fixed assets lifecycle including capitalization, depreciation, transfers, disposals, and reconciliations

Maintain the fixed assets register with accuracy and timeliness

Perform monthly and quarterly close activities related to fixed assets, including journal entries and variance analysis

Ensure all asset additions are properly recorded in accordance with company capitalization policies

Coordinate with project teams and business partners to track capital expenditures and ensure timely capitalization of completed projects

Monitor and reconcile fixed asset general ledger accounts; liaise with cross-functional teams to research and resolve discrepancies

Support internal and external audit requests related to fixed assets

Assist with researching related technical accounting issues to ensure proper treatment in accordance with GAAP or regulatory requirements

Scope

Fixed Assets: capitalization, asset creation, depreciation, transfers, disposals/retirements, CIP/CWIP, asset reconciliations and period-end close.

Billing Revenue: customer/project billing, invoice generation, billing schedules, unbilled revenue, accruals, revenue recognition, billing/AR/GL reconciliations and billing adjustments.

Project Accounting: project setup and maintenance, project codes/WBS, project budgets and cost tracking, cost allocation, time expense charging, capitalization of project costs, project-to-asset lifecycle, project billing, project revenue/cost recognition, project close and project profitability/variance reporting.

Controls Reporting: reconciliations, journals, month-end close, audit support, reporting and controls across FA, Billing and Project Accounting.

ERP/Transformation: experience with relevant ERP project-accounting modules and process improvement, automation, migration, UAT and implementation exposure where applicable.

Billing and Accounts Receivable

Generate and review invoices ensuring accuracy and completeness prior to issuance

Support cash application processes and monitor outstanding receivables

Follow up on aged items and coordinate with internal stakeholders to resolve disputes or discrepancies

Reconcile AR sub-ledger balances to the general ledger

Assist with month-end AR close activities, including journal entries and account reconciliations

Prepare aging reports and analysis for management review

General

Participate in special projects and ad hoc reporting as needed

Cross-train on various accounting functions within the team

Maintain written documentation of policies, procedures, processes, and controls within Fixed Assets and Billing areas

Become thoroughly familiar with assigned general ledger accounts, business processes, and applicable technical accounting areas

Required Skills

Bachelor's degree in Accounting, Finance, or a related field

5 to 7+ years of relevant experience in fixed assets accounting, billing/AR, or a broader general accounting role

Experience with financial accounting systems and ERP platforms such as PeopleSoft, SAP, Oracle, or similar

Strong proficiency in MS Excel

Excellent written and verbal communication skills, proven ability to work as an effective team player and collaborate across functions

Demonstrated strength in analytical and problem-solving skills

Ability to manage multiple competing priorities and achieve targeted outcomes

Highly organized, detail-oriented, self-motivated, and positive work ethic

Ability to take direction and work independently

Preferred Skills

Exposure to both fixed assets and billing/AR processes preferred

Working knowledge of VBA/Macros and Power BI is a plus

Familiarity with capital project accounting and CAPEX tracking

Previous experience with PeopleSoft or similar ERP systems

Understanding of internal controls and audit support processes