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Verified Job Accounting - Finance

Property Accounting Specialist

Chennai, Tamil Nadu
Accounting - Finance
#723863
Remote / WFH
HCLTech · Chennai, Tamil Nadu ·

Job Description

Job description
HCL is Hiring for Property Account Process (Fixed Asset ) - Team Leader Position
Drive location:

HCL Technologies Tower 5 Elcot Sez, Sholinganallur Chennai
Interview Date

: 22nd June 2026
Interview Time

: 11:00 AM 1:00 Pm
Work Location

: Chennai (Navalur)
HR Spoc

: Vivek Hari
Experience :5 to 7 yrs
Notice period up to 60 days
Candidate should be ready to work in US shift

Experience
5–8 years of relevant experience in property accounting, fixed asset accounting, and inventory accounting.
Experience working in a global or shared services environment is preferred.

1. Property Accounting & Inventory Management
Manage property inventory and maintain accurate records for all materials and assets.
Account for all material movements including receipts, returns, consumption, and losses.
Perform inventory revaluation and ensure accurate stock valuation.
Reconcile physical inventory counts with book and financial records.
Ensure correct application of tax and duty rates.
2. Inventory Accounting
Track and report materials variances, highlighting key trends and deviations to management.
Maintain comprehensive and audit-ready inventory documentation.
Support fixed asset, CWIP, PPE, and intangible asset accounting and reporting.
3. Property Ticket & Maintenance Management
Manage property-related tickets, including maintenance and repair requests.
Coordinate with relevant teams for timely resolution and proper accounting of maintenance activities.
4. Capital & Revenue Project Tracking
Monitor project expenditures and compare spending against approved budgets.
Prepare and deliver periodic project tracking reports.
Close completed projects to the fixed asset ledger and P&L as required.
5. Ledger & Fixed Asset Management
Classify and manage tangible and intangible assets.
Reconcile asset-related balance sheet accounts regularly.
Maintain updated and accurate fixed asset master data.
Manage all asset attributes including costs, locations, cost centers, categories, tax jurisdictions, and asset values for book, local GAAP, tax, and insurance purposes.
Account for financial and operating leases in compliance with applicable accounting standards.
Perform ERP updates required due to policy changes or tax law updates (post internal validation).
6. Asset Sale, Reclassification & Retirement
Process accounting entries for asset sales, transfers, reclassifications, and retirements.
Handle project closeout postings and ensure accurate reflection in the financial statements.

Technical & Functional Skills
Strong understanding of fixed asset accounting, inventory accounting, and project accounting.
Proficient in ERP systems – Oracle Preferred
Knowledge of GAAP, asset classification, depreciation, and tax implications.
Strong analytical, reconciliation, and reporting skills.
Ability to interpret accounting policies and apply them effectively.
Soft Skills
Excellent communication and coordination abilities.
Strong attention to detail and problem-solving skills.
Ability to work independently as well as in cross-functional teams.

Education
Bachelor’s degree in Accounting, Finance, or related discipline
M.Com /CA Inter or equivalent certification preferred
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