Senior Fixed Assets Accountant

Your future company

For our Scandinavian Client - we are looking for Senior Fixed Assets Accountant in Warsaw.

The purpose of this position is to drive efficient and accurate fixed asset and project related accounting activities. The position requires a finance professional with prior experience of working in fixed asset accounting with an understanding of asset-to-retire processes related to capitalization, Capital Work In Progress, depreciation, and asset disposal/write-offs.

The position requires performance of quality fixed asset and project accounting, incl. completeness, accuracy, timeliness, consistency.

The finance professional will maintain Fixed Asset Register and ensure:

• All Fixed Assets are captured to be depreciated
• All relevant costs for Fixed Assets are capitalized
• All costs are accumulated to the relevant Projects
• All Fixed Assets have accurate depreciation rates applied
• All Fixed Assets are valid for depreciation
• Month-end depreciation runs
• Closing of sub-ledger of fixed assets in line with month end timelines

Requirements

• 3+ years of experience in Accounting; preferable prior experience in fixed asset accounting
• Preferably prior experience working within Multinational or GBS/ SSC organization
• Working knowledge and experience of ERP system
• Sound understanding of Fixed Assets Accounting Standards (local and global) and Accounting Principles
• Well versed with MS office – Excel and PowerPoint
• Knowledge and experience of ERP system
• Fluent in English – spoken and written
• Knowledge of accounting fundamentals

Responsibilities

• Responsible for timely completion of Fixed Assets Accounting
• Process requests for creation of CWIP assets received from the Asset Owners
• Process Asset Capitalization/Project capitalization requests received from Asset owners
• Ensure that the capitalization value and ‘useful life’ computation are correct and as per accounting standards
• Ensure that all local teams have submitted their project costs at month-end (based on time-writing)
• Perform ageing review of CWIP assets on a periodic basis, follow-up with the asset owner/requestor to provide relevant justification so as to take appropriate actions to capitalize/ retire the identified assets
• Ensure timeliness and accuracy in processing fixed asset creation / capitalization / transfer / disposal / retirement requests after obtaining requisite approvals
• Perform periodic review of changes made in the asset master to ensure authenticity and correctness of the transactions
• Post adjustment entries resulting from physical verification of fixed assets carried out at respective locations
• Perform the month-end fixed asset depreciation run
• Assist in accounting of asset revaluation/ support impairment analysis

The offer

• A competitive pay, together with an annual bonus, and an attractive benefits package including medical care, lunch/cafeteria card, life insurance and pension plan
• An environment which provides opportunities of working with multiple stakeholders, professional support and the possibility to share knowledge and best practices
• On-going development opportunities in a multinational environment that will inspire you to grow professionally and personally
• Wide variety of projects and tasks, ambitious goals, and independence in achieving them
• Flexible working conditions – Hybrid work model
• Modern office in a convenient location, in the centre of Warsaw