Team Lead will support management of day-to-day operational activities within the global Fixed Asset team. This role will support the manager in executing operating plans such as putting controls in place to ensure quality and timeliness of output, reporting gaps and recommending process improvements for more efficient service delivery. The role will involve day to day management of the team to ensure compliance with applicable accounting standards, policies, and procedures.
- Review Journal Entries, Quarterly report, and monthly depreciation calculation and posting
- Reconcile fixed assets transactions and monthly report
- Review the preparation and analysis of the monthly reconciliation of the fixed asset subsidiary ledger to the general ledger
- Ensure compliance in accordance with the principles for recording, disposing, transferring, impairing, and depreciating assets.
- Monitor the status of CIP projects/assets and on-going communication with business partners to ensure assets are placed into service in a timely manner, recorded and tagged as such.
- Ensure that the risk of errors is minimized within the balance sheet and income statement when the financial statements and management accounts are produced
- Assist with annual audits
- Identify and analyze complex issues and recommend solutions or alternatives.
- Act as – first level escalation point for questions and issue resolutions ensuring issues are addressed on a timely manner Responsible for escalating the issues further as and when necessary.
- Provide regular performance and operational progress reports to managers to ensure issues are being flagged on a timely manner and ensures performance/operational gaps are addressed.
- Responsible for the implementation of team’s business continuity plan.
- Recommends resource planning solutions for changing resource loading and work volumes.
- Sets performance and behavioral expectations. Conducts regular review, provide feedback and coaching, and other developmental, training and learning opportunity plans to ensure the success of the individuals within the team.
- Lead short term projects and supports medium to long term projects and contribute to long term initiatives planning.
- Develop strong stakeholder relationship by ensuring escalations are managed effectively and proactively and elevating it further as and when necessary.
- Ensure team compliance to and delivery of service level agreements, policies and procedures as a agreed with the Manager.
