Assistant Manager - ALM, USI GFS, Deloitte Support Services India Private Limited
Role Description:
The Property Accounting team is responsible for the recording and maintenance of the US Firm’s / GFS capital assets. This includes a variety of related tasks, including but not limited to review and approval of prospective capital purchases; preparation, review, and resolution of various capital invoice related issues; review and handling of changes to recorded capital assets; reporting requirements re: capital assets; communications with a variety of internal & external respondents re: various inquiries & issues; etc... The Assistant Manager assists the ALM Manager in the coordination and handling of the India based team’s handling of all capital asset related responsibilities
Role objective:
To support ALM process for the recording and maintenance of Capital Assets in compliance with Firm’s guidelines.
Work you will do
As an Assistant Manager in USI supporting GFS-ALM team, you will focus on following areas:
§ Coordinate and assist the India based team in the handling of day-to-day processing, including:
§ Team approval of purchase orders for asset acquisitions via the Ariba purchasing software system
§ Team handling of manual purchase order capital expenditures
§ Team processing construction/project related invoices via the RETS (Real Estate Tracking System)
§ Team handling of fixed asset related Accounts Payable inquiries from vendors & internal customers
§ Team handling of various asset record maintenance, including the initial setting up of assets, and subsequent updates to coding, transfers, disposals, etc.…
§ Team handling of asset reviews of recorded assets, including extensive correspondence with USA contacts and analysis, Physical verification of the assets, supporting Internal and external audits, Review of Internal controls, coordinating with multiple teams such as India based GL and Tax teams etc.
§ Team handling various other periodic tasks, including period end duties such as depreciation runs, as well as other reporting responsibilities
§ Various other routine and “ad hoc” inquiries as they arise
§ Guide and assist the team in handling various day-to-day inquiries
§ Handle all tasks independently and with minimum supervision
§ Ensure work is done with the highest possible level of quality and accuracy
§ Ensure that all transactions are supported by the proper documentation, including approvals and detailed supportive documents and other information for purposes of a proper audit trail, and assuring such support is added to the record in the SAP system
§ Assure all processing follows the Firm’s guidelines, including internal control & GAAP requirements, as well as various other governmental and internal guidelines & regulations as applicable
§ Explore gaps and tighten control checks to ensure there are no variances in standard operating procedures
§ Ensure team procedures are routinely documented, always updated & kept current
§ Lookout for automation opportunities to improve efficiency
§ Assure that proper escalation procedures are followed according to established business practices when necessary
§ Responsible for handling various human resources related responsibilities, including but not limited to annual performance evaluations
§ Able to identify issues and concerns that may affect team performance and communicate to leadership.
§ Able to communicate effectively with the team and management
§ Able to motivate and guide the team towards process goals; promote strong sense of team
§ Consult, assist, and work with various other ALM teams from other regions, as necessary
The team:
The Property Accounting team is responsible for the recording and maintenance of the US Firm’s / GFS capital assets. This includes a variety of related tasks, including but not limited to review and approval of prospective capital purchases; preparation, review, and resolution of various capital invoice related issues; review and handling of changes to recorded capital assets; reporting requirements re: capital assets; communications with a variety of internal & external respondents re: various inquiries & issues; etc.
The team’s competency spans several different proficiencies including:
§ Knowledge of Capital Assets (Property Accounting) function
§ Experience with and understanding fixed asset processes throughout their life cycle (from acquisition to disposal)
§ Skilled at working with numbers and in detailed analysis
§ Strong understanding of accounting principles
§ Knowledge and experience with journal entries and with GL reconciliations
§ Ability to ensure a high level of overall quality and accuracy
§ Ability to work well & multi-task in a fast paced, time sensitive environment
USI supporting GFS aims to provide a fully managed shared service that:
§ Drives standardization of select skilled-based processes that are common across business functions and member firms
§ Leverages a single technology platform
§ Acts in support of member firm Business Finance teams so that they may, in turn, focus primarily on internal clients and value-add activities
§ Implements leading practices and drives continuous improvement
§ Delivers to agreed Service Level Expectations (SLEs)
Educational Qualifications and requirements:
· B.com graduate, M.Com, MBA Finance, CA Inter with minimum of 6 years of relevant ALM experience, preferably in a professional services firm
· Expert knowledge of Excel
· Should be proactive and possess good oral and written communication skills
· Have attention to detail
· Understanding of SAP (preferred)
Location: Hyderabad
Work timings: 6.30 AM to 3.30 PM, can change according to business needs
How you will grow
At Deloitte, we have invested a great deal in creating a rich environment in which our professionals can grow. We want all our people to develop in their own way, playing to their own strengths as they hone their leadership skills. And, as a part of our efforts, we provide our professionals with a variety of learning and networking opportunities, including exposure to leaders, sponsors, coaches, and challenging assignments—to help accelerate their careers along the way. No two people learn in the same way. So, we provide a range of resources, including live classrooms, team-based learning, and eLearning. Deloitte University (DU): The Leadership Center in India, our state-of-the-art, world-class learning center in the Hyderabad office, is an extension of the DU in Westlake, Texas, and represents a tangible symbol of our commitment to our people’s growth and development. Explore DU: The Leadership Center in India.
Benefits
At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits. Learn more about what working at Deloitte can mean for you.
Deloitte’s culture
Our positive and supportive culture encourages our people to do their best work every day. We celebrate individuals by recognizing their uniqueness and offering them the flexibility to make daily choices that can help them to be healthy, centered, confident, and aware. We offer well-being programs and are continuously looking for new ways to maintain a culture that is inclusive, invites authenticity, leverages our diversity, and where our people excel and lead healthy, happy lives. Learn more about Life at Deloitte.
Corporate citizenship
Deloitte is led by a purpose: to make an impact that matters. This purpose defines who we are and extends to relationships with our clients, our people, and our communities. We believe that business has the power to inspire and transform. We focus on education, giving, skill-based volunteerism, and leadership to help drive positive social impact in our communities. Learn more about Deloitte’s impact on the world.
Disclaimer: Please note that this description is subject to change basis business/engagement requirements and at the discretion of the management.
Assistant Manager - ALM, USI GFS, Deloitte Support Services India Private Limited
Role Description:
The Property Accounting team is responsible for the recording and maintenance of the US Firm’s / GFS capital assets. This includes a variety of related tasks, including but not limited to review and approval of prospective capital purchases; preparation, review, and resolution of various capital invoice related issues; review and handling of changes to recorded capital assets; reporting requirements re: capital assets; communications with a variety of internal & external respondents re: various inquiries & issues; etc... The Assistant Manager assists the ALM Manager in the coordination and handling of the India based team’s handling of all capital asset related responsibilities
Role objective:
To support ALM process for the recording and maintenance of Capital Assets in compliance with Firm’s guidelines.
Work you will do
As an Assistant Manager in USI supporting GFS-ALM team, you will focus on following areas:
§ Coordinate and assist the India based team in the handling of day-to-day processing, including:
§ Team approval of purchase orders for asset acquisitions via the Ariba purchasing software system
§ Team handling of manual purchase order capital expenditures
§ Team processing construction/project related invoices via the RETS (Real Estate Tracking System)
§ Team handling of fixed asset related Accounts Payable inquiries from vendors & internal customers
§ Team handling of various asset record maintenance, including the initial setting up of assets, and subsequent updates to coding, transfers, disposals, etc.…
§ Team handling of asset reviews of recorded assets, including extensive correspondence with USA contacts and analysis, Physical verification of the assets, supporting Internal and external audits, Review of Internal controls, coordinating with multiple teams such as India based GL and Tax teams etc.
§ Team handling various other periodic tasks, including period end duties such as depreciation runs, as well as other reporting responsibilities
§ Various other routine and “ad hoc” inquiries as they arise
§ Guide and assist the team in handling various day-to-day inquiries
§ Handle all tasks independently and with minimum supervision
§ Ensure work is done with the highest possible level of quality and accuracy
§ Ensure that all transactions are supported by the proper documentation, including approvals and detailed supportive documents and other information for purposes of a proper audit trail, and assuring such support is added to the record in the SAP system
§ Assure all processing follows the Firm’s guidelines, including internal control & GAAP requirements, as well as various other governmental and internal guidelines & regulations as applicable
§ Explore gaps and tighten control checks to ensure there are no variances in standard operating procedures
§ Ensure team procedures are routinely documented, always updated & kept current
§ Lookout for automation opportunities to improve efficiency
§ Assure that proper escalation procedures are followed according to established business practices when necessary
§ Responsible for handling various human resources related responsibilities, including but not limited to annual performance evaluations
§ Able to identify issues and concerns that may affect team performance and communicate to leadership.
§ Able to communicate effectively with the team and management
§ Able to motivate and guide the team towards process goals; promote strong sense of team
§ Consult, assist, and work with various other ALM teams from other regions, as necessary
The team:
The Property Accounting team is responsible for the recording and maintenance of the US Firm’s / GFS capital assets. This includes a variety of related tasks, including but not limited to review and approval of prospective capital purchases; preparation, review, and resolution of various capital invoice related issues; review and handling of changes to recorded capital assets; reporting requirements re: capital assets; communications with a variety of internal & external respondents re: various inquiries & issues; etc.
The team’s competency spans several different proficiencies including:
§ Knowledge of Capital Assets (Property Accounting) function
§ Experience with and understanding fixed asset processes throughout their life cycle (from acquisition to disposal)
§ Skilled at working with numbers and in detailed analysis
§ Strong understanding of accounting principles
§ Knowledge and experience with journal entries and with GL reconciliations
§ Ability to ensure a high level of overall quality and accuracy
§ Ability to work well & multi-task in a fast paced, time sensitive environment
USI supporting GFS aims to provide a fully managed shared service that:
§ Drives standardization of select skilled-based processes that are common across business functions and member firms
§ Leverages a single technology platform
§ Acts in support of member firm Business Finance teams so that they may, in turn, focus primarily on internal clients and value-add activities
§ Implements leading practices and drives continuous improvement
§ Delivers to agreed Service Level Expectations (SLEs)
Educational Qualifications and requirements:
· B.com graduate, M.Com, MBA Finance, CA Inter with minimum of 6 years of relevant ALM experience, preferably in a professional services firm
· Expert knowledge of Excel
· Should be proactive and possess good oral and written communication skills
· Have attention to detail
· Understanding of SAP (preferred)
Location: Hyderabad
Work timings: 6.30 AM to 3.30 PM, can change according to business needs
How you will grow
At Deloitte, we have invested a great deal in creating a rich environment in which our professionals can grow. We want all our people to develop in their own way, playing to their own strengths as they hone their leadership skills. And, as a part of our efforts, we provide our professionals with a variety of learning and networking opportunities, including exposure to leaders, sponsors, coaches, and challenging assignments—to help accelerate their careers along the way. No two people learn in the same way. So, we provide a range of resources, including live classrooms, team-based learning, and eLearning. Deloitte University (DU): The Leadership Center in India, our state-of-the-art, world-class learning center in the Hyderabad office, is an extension of the DU in Westlake, Texas, and represents a tangible symbol of our commitment to our people’s growth and development. Explore DU: The Leadership Center in India.
Benefits
At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits. Learn more about what working at Deloitte can mean for you.
Deloitte’s culture
Our positive and supportive culture encourages our people to do their best work every day. We celebrate individuals by recognizing their uniqueness and offering them the flexibility to make daily choices that can help them to be healthy, centered, confident, and aware. We offer well-being programs and are continuously looking for new ways to maintain a culture that is inclusive, invites authenticity, leverages our diversity, and where our people excel and lead healthy, happy lives. Learn more about Life at Deloitte.
Corporate citizenship
Deloitte is led by a purpose: to make an impact that matters. This purpose defines who we are and extends to relationships with our clients, our people, and our communities. We believe that business has the power to inspire and transform. We focus on education, giving, skill-based volunteerism, and leadership to help drive positive social impact in our communities. Learn more about Deloitte’s impact on the world.
Disclaimer: Please note that this description is subject to change basis business/engagement requirements and at the discretion of the management.