Finance & Accounts

Finance & Accounts

Job Description

1. Capitalization of assets from capital work in progress
2. Depreciation calculation
3. Asset retirements / sales entries of all regions
4. Asset transfer entries from one location to another in SAP
5. Provide the asset values of asset transfer notes
6. Clearing the customer balances for asset sales in sap
7. Collection and filing properly of all fixed asset invoices
8. Ensuring adequate insurance coverage of Fixed Assets
9. Co-ordination with the locations and projects department for capitalization of assets
10. Capitalization of Borrowing cost
11. Accounting of subsidy on assets
12. Impairment of assets
13. Preparation of Capital budget vs actual report
14. Co-ordination with IT people for fixed asset reports / rectifications in sap
15. Co-ordination with internal and statutory auditors
16. Visits to plants / locations for physical verification of assets
17. Asset reconciliations with physical verification report
18. Numbering of Assets

Salary:INR Best in the industry
Industry: Agriculture / Dairy
Functional Area: Accounts , Finance , Tax , Company Secretary , Audit
Role Category:Accounts
Role:Accounts Executive/Accountant

Fixed Assets Insurance
Physical Verification
Capitalization of Assets depreciation of assets Asset Reconcilation

Desired Candidate Profile
UG: Any Graduate
PG:Any Postgraduate – Any Specialization
Doctorate:Any Doctorate – Any Specialization, Doctorate Not Required

Graduate / Post Graduate in Commerce with 7-10 yrs of experience in Fixed Asset Accounting like : Asset reconcilation, caliculation of depreciation, asset transfers etc.

Candidates who are working in Largescale industry with Multi location activity shall be preferred.

Company Profile:
Heritage Foods Ltd (commonly known as Heritage) is one of the largest public limited dairy enterprises in Southern India.
The Heritage Group, founded in 1992 by Mr. Nara Chandrababu Naidu, with Four-Business divisions viz., Dairy, Retail, Bakery and Agri under its flagship Company Heritage Foods Limited (HFL), and other associate Companies viz., Heritage Finlease Limited, and Heritage Agro Merine Private Limited. The budgeted annual turnover for the F Y 2013-14 is around Rs. 2000 Crs.
Presently Heritage milk products have market presence in Andhra Pradesh, Karnataka, Kerala, Tamil Nadu,Maharastra and Delhi.

View Contact Details:
Recruiter Name:K A CHOUDARY
Address:6-3-541/C Panjagutta,Hyderabad,Andhra Pradesh,India 500082
Email Address: [[email protected]] Website:
Reference Id:HFL :: F&A :: HYD :: 001