JOB DESCRIPTION:
JOB SUMMARY
Role into Fixed Asset management and Financial Reporting support
Managing day to day Fixed Asset accounting & compliance, RPT compliance support, monthly closure and ensuring all the reporting compliance
Complete responsibility of Fixed Asset accounting for Abbott india group. Support on RPT compliance, Financial reporting and ensuring all reporting compliance as per company policies and as per local regulations (SEBI/ Companies Act)
CORE JOB RESPONSIBILITIES
Fixed Asset management, accounting and management for Abbott India Group (AIL-Listed entity & AHPL-Pvt Ltd (Pharma, Nutrition, Diagnostic, Devices & Plant locations – Goa, Baddi & Jhagadia
Review and renewal of policies and procedures related to Fixed assets and ensure compliance. Highlight deviations against the policies, if any, to the management
Drive and co-ordinate Physical verification program of Fixed Asset for local and US GAAP Financial reporting. Support PV activity to relevant stakeholders to ensure maximum coverage under PV. Evaluate vendors for PV activity for advanced mechanis
Support to key stakeholders on Abbott RCE process, Asset capitalization documentation, Capital work-in-process, Asset decapitalization and Divestiture, New facility capitalization
Upgrade and revisit processes and challenge status-quo scenarios and bring in revisions/latest processes, wherever required
Support in RPT disclosure and related compliances
Support in Quarterly/half yearly disclosure in accordance with SEBI regulations
Support Monthly Closure of Financials- Ensuring timely accounting of transactions in line with Ind AS and accounting policy
Co-ordination & completion of Audit- Handling and ensuring timely audit of various audits like – statutory, IFC etc and coordinating with auditors for the same
Support in AGM and annual report preparations- Timely compilation of Annual Report and AGM preparations covering final proof reading
BS and P&L Variance analysis
Experience in SAP
MINIMUM QUALIFICATIONS
Minimum Education
CA with experience of 6 to 8 years
Experience
Experience of 6 to 8 years
Worked in Fixed Asset preferred and Knowledge about Financial Reporting role with exposure to compliance requirements related to Listed companies. SAP experience is a must.
The base pay for this position is
N/AIn specific locations, the pay range may vary from the range posted.
JOB FAMILY:Accounting & Reporting
DIVISION:IFO International Finance
LOCATION:India > Mumbai : BKC Building
ADDITIONAL LOCATIONS:
WORK SHIFT:Standard
TRAVEL:Yes, 25 % of the Time
MEDICAL SURVEILLANCE:Not Applicable
SIGNIFICANT WORK ACTIVITIES:Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day)
Top Skills
What We Do
Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 109,000 colleagues serve people in more than 160 countries.
