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SAP Finance & Controlling & Asset Accounting - SME

  • Job
    Full-time
    Senior & Expert Level
  • Accounting & Tax
    Banking & Finance
  • Hyderabad, +1

AI generated summary

  • You should have expertise in financial operations, budgeting, reporting, internal controls, and fixed asset management, along with strong analytical skills for strategic financial insights.
  • You will prepare financial statements, conduct variance analysis, manage budgets, oversee asset accounting, ensure compliance, lead a team, and provide financial insights for decision-making.

Requirements

  • Job requirements:
  • A "Finance & Controlling & Asset Accounting" job description typically entails overseeing a company's financial operations, including budgeting, financial reporting, internal controls, and specifically managing the accounting of fixed assets, ensuring accurate tracking and reporting of their value throughout their lifecycle, while also analyzing financial performance to provide strategic insights to decision-making within the organization; essentially combining traditional finance functions with a deep focus on asset management and control procedures.

Responsibilities

  • Preparing monthly, quarterly, and annual financial statements (balance sheet, income statement, cash flow statement).
  • Performing variance analysis against budget and forecasts, identifying key performance indicators (KPIs).
  • Generating insightful financial reports for management decision-making.
  • Developing annual operating budgets and coordinating with different departments.
  • Creating rolling forecasts to anticipate future financial performance.
  • Implementing and maintaining robust internal controls to safeguard company assets and ensure data accuracy.
  • Monitoring compliance with relevant accounting standards and regulations.
  • Recording and maintaining detailed fixed asset register, including acquisition, depreciation, disposal, and transfers.
  • Performing physical asset verifications to ensure accuracy of asset records.
  • Calculating depreciation expense and ensuring proper accounting treatment.
  • Analyzing cost drivers and identifying areas for cost optimization.
  • Monitoring performance against key operational metrics.
  • Providing financial insights to support operational decision-making.
  • Leading a team of accounting professionals, including assigning tasks and reviewing work.
  • Collaborating with other departments (operations, sales, etc.) to understand business needs and provide relevant financial information.

FAQs

What are the key responsibilities of the SAP Finance & Controlling & Asset Accounting SME role?

The key responsibilities include financial reporting and analysis, budgeting and forecasting, internal controls and compliance, asset accounting, controlling activities, and collaboration and leadership.

What qualifications are required for this position?

Candidates typically need a degree in finance, accounting, or a related field, along with experience in financial operations, budgeting, forecasting, and asset accounting. Knowledge of SAP is also essential.

Is experience with SAP necessary for this role?

Yes, experience with SAP is crucial as the position specifically involves using SAP for finance and controlling functions, as well as asset accounting.

Will I be expected to lead a team in this role?

Yes, the role includes leadership responsibilities, such as leading a team of accounting professionals, assigning tasks, and reviewing their work.

How often will financial reports need to be prepared?

Financial reports must be prepared monthly, quarterly, and annually, including balance sheets, income statements, and cash flow statements.

What types of financial analysis will be performed in this role?

The role involves performing variance analysis against budgets and forecasts and identifying key performance indicators (KPIs) to generate insights for management decision-making.

Are there opportunities for collaboration with other departments?

Yes, this role involves collaborating with various departments, such as operations and sales, to understand business needs and provide relevant financial information.

Will I need to perform physical asset verifications?

Yes, performing physical asset verifications to ensure the accuracy of asset records is part of the job responsibilities.

What is the company’s stance on recruitment fraud?

The company warns against recruitment fraud, stating that it does not make job offers via social media, does not ask for money from applicants, and advises caution regarding unsolicited job offers.

Are there opportunities for cost optimization in this role?

Yes, analyzing cost drivers and identifying areas for cost optimization are important responsibilities within the controlling activities of the role.

Delivering excellence for our customers and colleagues

Technology
Industry
1001-5000
Employees
2017
Founded Year

Mission & Purpose

DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world's largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates.