Fixed Asset Associate

2023-05-30
NielsenIQ
Pune, Maharashtra
Full Time

Description

Company Description


NielsenIQ is a global measurement and data analytics company that provides the most complete and trusted view available of consumers and markets worldwide. We provide consumer packaged goods manufacturers/fast-moving consumer goods and retailers with accurate, actionable information and insights and a complete picture of the complex and changing marketplace that companies need to innovate and grow. Our approach marries proprietary NielsenIQ data with other data sources to help clients around the world understand what’s happening now, what’s happening next, and how to best act on this knowledge. We like to be in the middle of the action. That’s why you can find us at work in over 90 countries, covering more than 90% of the world’s population. For more information, visit www.niq.com.


NielsenIQ is committed to hiring and retaining a diverse workforce. We are proud to be an Equal Opportunity/Affirmative Action-Employer, making decisions without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability status, age, marital status, protected veteran status or


Job Description


ABOUT THIS JOB

At Nielsen, a Shared Service Center (SSC) Fixed Asset Associate is responsible for recording the cost of newly-acquired fixed assets (both tangible and intangible), tracking existing fixed assets, recording depreciation, and accounting for the disposition of fixed assets, related reconciliations for their respective entities, under the umbrella of the Operational Controller.


RESPONSIBILITIES

  • Create and monitor a system of controls, procedures, and forms for recording of fixed assets.
  • Record fixed asset acquisitions and dispositions in the accounting system.
  • Reconcile the balance in the fixed asset subsidiary ledger to the summary level account in the general ledger.
  • Calculate depreciation/un-planned for all fixed assets.
  • Review and update the detailed schedule of fixed assets and accumulated depreciation.
  • Calculate asset retirement for fixed assets.
  • Manual Validation of CAPEX schedule with SAP.
  • Preparing the capital lease schedules/calculations
  • Prepare audit schedules relating to fixed assets, and assist the auditors in their inquiries.
  • Perform all related deliverables of fixed assets to record-to-report and shared services accounting process.
  • Work with Business Unit for getting invoices for capitalization of fixed assets that are parked in Fixed Assets Holding Control Account.
  • Maintain internal process documentation to reflect the most up-to-date ways of work using the most recent Nielsen toolset (Google, etc.). Ensure standard operating procedures are operationalized and consistent in both content and format with expectations laid out by Global Financial Controlling.
  • Maintain Fixed Assets financial accounting related internal controls within the market; ensure robust account reconciliations and SOX compliance.
  • Maintain an appropriate system configuration and IT environment to ensure effective and efficient execution of Fixed Assets financial accounting processes.
  • Support external and internal audits with supporting documentation, archive retrieval, journal walk through, and other audit requirements under the supervision of the Operational Controller.
  • Assist the Operational Controller and/or broader Finance & Accounting Services team for the region on any initiatives, projects or systems implementations.
  • Work with Associate Operational Controller, Operational Controller and their teams on compliance and governance.
  • Work with AP and GL Team internally on processes and systems.
  • Link up with internal audit for internal control or audit purposes.
  • Other transverse functions (SAP MDG and SAP FICO Team etc.)


Qualifications


A LITTLE BIT ABOUT YOU

A successful Fixed Assets Associate is to ensure that there is no error in the CAPEX movements in SAP and FA related activities. There is no or minimal amount in Fixed Assets Holding Account which confirms the Fixed Assets Accounting process execution is in line with overall Financial Statements. S/he will have met or exceeded expectations on all Fixed Assets Deliverables, Metrics and ensure solid controls are in place and functioning.


QUALIFICATIONS


  • Bachelor’s degree in Accounting
  • 3 - 6 years of experience in accounting of a multinational company.
  • Experience with ERP systems (SAP module is a plus)
  • Working knowledge of accounting concepts under U.S. GAAP and preferably with
  • IFRS/Local GAAP and SOX compliance
  • Strong knowledge of personal computers and applications (including Google)
  • Excellent analytical skills
  • Demonstrated attention to detail and accuracy while meeting strict deadline
  • Effectively manage time and priorities and work efficiently
  • Self-motivated and the ability to work effectively in a team environment
  • Proven interpersonal and communication skills
  • Proven problem solving skills with demonstrated ability to take action in solving issues
  • Strong customer service orientation: need good listening and communication skills

Additional Information


About NIQ

NIQ, the world’s leading consumer intelligence company, reveals new pathways to growth for retailers and consumer goods manufacturers. With operations in more than 100 countries, NIQ delivers the most complete and clear understanding of consumer buying behavior through an advanced business intelligence platform with integrated predictive analytics. NIQ delivers the Full View.

NIQ was founded in 1923 and is an Advent International portfolio company. For more information, visit NIQ.com

Want to keep up with the latest updates on our business and #LifeAtNIQ? Follow us on: LinkedIn | Instagram | Twitter | Facebook

Our commitment to Diversity, Equity, and Inclusion

NIQ is committed to reflecting the diversity of the clients, communities, and markets we measure within our own workforce. We exist to count everyone and are on a mission to systematically embed inclusion and diversity into all aspects of our workforce, measurement, and products. We enthusiastically invite candidates who share that mission to join us.

We are proud to be an Equal Opportunity/Affirmative Action-Employer, making decisions without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability status, age, marital status, protected veteran status or any other protected class. Our global non-discrimination policy covers these protected classes in every market in which we do business worldwide.

Learn more about how we are driving diversity and inclusion in everything we do by visiting the NielsenIQ News Center: https://nielseniq.com/global/en/news-center/diversity-inclusion/

NIQ or any of our subsidiaries will never ask you for money at any point of the recruitment or onboarding process.

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