Process Lead - Fixed Assets job opportunity at Rolls Royce.

Home Jobs In India Tag: Job Process Lead - Fixed Assets position at Rolls Royce


DatePosted 30+ Days Ago bot
Rolls Royce Process Lead - Fixed Assets
Experience: General
Pattern: full-time
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degreeMaster's (M.A.)
loacation Bangalore, India
loacation Bangalore....India

Job Description Financial Control - Fixed Assets   Process Lead   (Grade   7 )     Reports To:    FA&R Team Lead   – Fixed Asset   Function:   Global Business Services (GBS) – Finance   Location:   India     Role Purpose   The   Financial Control - Fixed Assets   Process Lead   acts as a global business partner for all fixed asset accounting activities, ensuring   accurate   recording, valuation, and reporting of the company’s assets. The role provides accounting   expertise   and analytical support to business units across regions,   maintaining   compliance with IFRS/local GAAP and internal capitalization policies.     Role Description   This position manages and reviews end-to-end fixed asset processes, supporting capitalization, disposals, transfers, and reporting. The   Financial Control - Fixed Assets Process Lead   collaborates closely with project teams, finance controllers, and auditors to ensure accuracy of asset data and continuous improvement of FA processes.     Key Duties & Responsibilities:   1. Business Partnering & Advisory   Be the go-to person for global fixed asset inquiries, offering accounting support and guidance to business units especially in case of Capital Program Planning / investment Meetings.   Provide advice on capitalization criteria, asset lives, and componentization standards to ensure compliance and clarity.   Work closely with project accounting teams to transition Assets Under Construction (AUC) into fixed assets, ensuring everything runs smoothly.   2 . Asset Creation & Capitalization   Create and manage asset records, ensuring compliance with accounting and tax policies.   Verify master data and link assets to the correct cost centre, location, and useful life.   3 . Asset Retirement Obligations (ARO)   Record and adjust asset retirement obligations and related liabilities.   Ensure proper depreciation and accounting treatment for AROs.   4 . Fixed Asset Accounting & Reporting   Validate asset creation, disposals, and transfers for accuracy and compliance.   Process depreciation and amortization in line with regulations.   Prepare and analy s e fixed asset reports, including additions, disposals, and AUC.   5 . Sub-ledger Close & Reconciliation   Support monthly and year-end sub-ledger close activities.   Reconcile the fixed asset sub-ledger with the General Ledger and resolve discrepancies.   6 . Continuous Improvement & Governance   Look for ways to automate and standardize processes across its competency areas to make things more efficient.   Take part in system enhancements and User Acceptance Testing (UAT) for fixed asset functionalities, ensuring changes meet operational needs.   Ensure policies are followed and contribute to updating governance documentation to reflect best practices.   7 . Continuous Improvement & System Enhancements   Identify   process improvement opportunities and support automation.   Participate in system enhancements and User Acceptance Testing (UAT).     Qualifications & Experience   Education:   Bachelor’s degree in Accounting or Finance ; pursuing or holding professional certification (CA, CPA, ACCA) preferred.   Experience:   5 +   years in fixed asset accounting or financial accounting .   SAP FI-AA,   MS Excel (Advanced),   asset reporting tools, strong understanding of IFRS/local GAAP for FA, analytical and stakeholder management skills.   Expertise   in complex transactions (impairments, retirements, transfers), financial reporting, and disclosures (capital commitments, leases)   Business partnering skills for investment committee support, including managing senior stakeholder meetings and preparing scheme documents   Skills & Competencies:   Technical / Functional Knowledge:   Possesses   a strong working knowledge of end-to-end   Fixed Asset   processes and ability to interpret and   validate   documents in the context of company policies   Problem solving:   Identifies   and resolves complex queries using a logical, data-driven approach to investigate root causes. Exercises sound judgement when handling non-standard issues    Organisation   expertise :   Understands the   Fixed Asset   function within the broader   Record   To   Report   ( R2R ) and finance organisation. Collaborates effectively with cross functional stakeholders (e.g. Procurement and   Business )   Accountability:   Takes full ownership of queries raised and follows through on resolutions and deadlines .    Maintains a high standard of accuracy and escalates risks or errors in   a timely   and professional manner   Leadership:   Supports onboarding and training of new analysts by sharing knowledge, documentation, and best practices.   Represents   the   Fixed Asset   team on meetings upon of its managers in case of their absence.   Interpersonal skills:   Communicates clearly and professionally with internal stakeholders , Committee Members   and external vendors, and represent the   Fixed Asset   function effectively in cross-functional conversations   Measure of Performance for the role:   Accuracy and completeness of asset data   Timely execution of FA close and reporting   Quality of business partnering support   Reduction of audit findings and process exceptions     As part of our selection process, candidates in certain locations may be asked to complete an online assessment, which can include cognitive and behavioural aptitude testing relevant to the role. If required, full instructions for the next steps will be provided. Job Category Finance Posting Date 27 Jan 2026; 00:01

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