Oracle

Builds databases, business apps and cloud services

Fixed Assets Accounting

Financial AccountingPosted on Nov 11

ContractBengaluru, Karnataka, IndiaNo salary listedIn-person

About the Job

Requirements

A Bachelor of Commerce (B’COM) qualification and CA/CMA intermediate qualification are required.
At least 2 years of experience in accounting and finance is required.
Knowledge of fixed-asset accounting and accounting standards is required.
Experience with fixed-asset mass additions, retirements, and adjustments is required.
Ability to perform month- and quarter-close activities, prepare reports and analytics for SEC and corporate requirements, and reconcile balance sheet accounts is required.
Ability to support audits by preparing query analytics and explaining the organization’s position to auditors is required.
Ability to test process changes resulting from system upgrades is required.
Ability to contribute to process and reconciliation improvements is required.
Ability to partner with global colleagues on close management, global reporting, and financial data management is required.
Ability to analyze operational activities and identify more effective and efficient delivery methods using cloud technology and automation is required.
Ability to act as the single point of contact for regional or country-specific projects and troubleshooting is required.
Self-driven, results-oriented, innovative, and fiduciary-minded approach is required.
Good communication and collaboration with stakeholders across the globe, and the ability to work as part of a team, are required.

Responsibilities

Perform fixed-asset accounting activities to support accurate, timely periodic book close for assigned countries.
Reconcile balance sheet accounts and resolve outstanding open items to support the correctness of financial statements.
Prepare reports and analytics for SEC and corporate requirements during month- and quarter-close activities.
Support audits by preparing query analytics and explaining the organization’s position to auditors.
Test process changes resulting from system upgrades.
Contribute to process and reconciliation improvements.
Partner with colleagues globally to support a unified approach to close management, global reporting, and ongoing financial data management.
Analyze key operational activities as part of a team and identify more effective and efficient delivery methods through cloud technology and automation.
Serve as the single point of contact for regional or country-specific projects and troubleshooting.

Contractor-Nonbillable

Cloud Asset Controllers (CAC) is a key part of Oracle’s Global Controllers Organization. This progressive and innovative team comprises a dynamic group of finance professionals responsible for Oracle’s US GAAP Accounting and Reporting.

Role: Perform activities related Fixed assets accounting, that assist accurate and periodic on time book close for assigned countries, reconcile balance sheet accounts, resolve outstanding open items to help in ensuring correctness of financial statements and support various reporting requirements

The candidate must be B’COM with CA/CMA inter with 2+ Years of experience in Accounting and Finance

Key Activities:

Knowledge of Fixed asset accounting & accounting standards
Experience in Mass Additions, Retirements, adjustments as fixed assets.
Month/Quarter close activities, prepare reports and analytics for SEC & Corporate requirements.
Balance Sheet account reconciliations review & work towards resolution of open items with respective stake holders
Audit support – prepare query analytics and work with auditors in explaining organization position.
Test process changes due to system upgrades
Contribution to process/reconciliation improvements
Partner with the people globally to ensure a unified global approach to Close Management, Global Reporting and ongoing Financial Data management
Work in a team for analyzing key operational activities identifying more effective and efficient mechanisms of delivery through Cloud technology and automation.
Will act as SPOC for regional/country specific project/trouble shooting

Behavioral competencies:

Self-Driven and Result Oriented
Good communication skills
Team player
Ability to collaborate well with various stakeholders across the globe
Innovative and Fiduciary mindset

Requirements at a Glance

Experience Level: Junior
Education: Bachelor's

Benefits

401(k) Savings and Investment Plan with company match
Paid time off: Flexible Vacation is provided to all eligible employees assigned to a salaried (non-overtime eligible) position. Accrued Vacation is provided to all other employees eligible for vacation benefits. For employees working at least 35 hours per week, the vacation accrual rate is 13 days annually for the first three years of employment and 18 days annually for subsequent years of employment. Vacation accrual is prorated for employees working between 20 and 34 hours per week. Employees working fewer than 20 hours per week are not eligible for vacation.
11 paid holidays
Paid sick leave: 72 hours of paid sick leave upon date of hire. Refreshes each calendar year. Unused balance will carry over each year up to a maximum cap of 112 hours.
Paid parental leave
Adoption assistance
Employee Stock Purchase Plan
Financial planning and group legal
Voluntary benefits including auto, homeowner and pet insurance

About the Company

Oracle

Builds databases, business apps and cloud services

Oracle builds databases, business applications, and cloud infrastructure for companies and public-sector organizations. Oracle Database stores and processes business data, while Oracle Cloud Infrastructure provides computing, storage, and networking for applications and AI workloads. Fusion Cloud Applications support finance, human resources, supply chains, and customer service, helping businesses manage everyday operations and reporting. Customers pay for cloud subscriptions and usage, software licenses, support, hardware, and consulting, with deployment options in Oracle's cloud or their own data centers. Oracle was founded in 1977 and is headquartered in Austin, Texas.

Company size: 10,001+
Company stage: IPO
Headquarters: Austin, TX
Founded: 1977

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