Fixed Assets Assistant Manager - Hitachi Payment Services Pvt. Ltd.

Designation: Assistant Manager

Company: Hitachi Payment Services Pvt. Ltd.

Location: Mumbai, India

Salary: As per Industry

Company Overview:

Hitachi Payment Services is a leading payment solutions provider in the country, enabling its customers to grow by offering technology-led cash & digital payment solutions while building a robust payment infrastructure in the country, driving financial empowerment and enabling social change. We cater to customers such as banks, payment aggregators and fintech players who are ready to capture the emerging opportunities in this payments segment.

Job Summary:

• The Fixed Assets Manager will oversee the end-to-end management of the organization’s fixed assets, ensuring accurate recording, compliance with accounting standards, and timely reporting.

• This role involves supervising the Fixed Asset Register (FAR), managing depreciation, coordinating audits, and ensuring adherence to internal financial controls.

• The manager will also lead vendor relations, monitor reconciliations, and provide strategic insights through management reporting.

Key Responsibilities:

• Ensure completeness and accuracy of the Fixed Asset Register (FAR) and proper recording of transactions with provision analysis.

• Supervise computation of monthly depreciation for ATM and infrastructure-related assets; update the Fixed Assets Master.

• Oversee daily CWIP (Capital Work in Progress) reconciliation and resolve FAR-related queries.

• Review and approve monthly journal Entries (JVs)

• Manage vendor relations, handle vendor queries, and review HPY Invoices tracker.

• Prepare audit documentation, respond to audit queries, and ensure adherence to IFC controls.

• Ensure all schedules to accounts are reconciled and tied to books.

• Maintain tracking reports for management reporting.

• Lead month-end activities such as FA schedules, ATM vs FAR reconciliation, ATMID-wise MIS, consolidated FAR, bank-wise reports, PCC schedules, FAR, and cash flow additions.

• Provide strategic oversight on asset lifecycle management and compliance with organizational policies

• Leading automation projects for FAR processes and reporting.

Qualifications:

• MCOM/MBA/CA

• 4–6 years of experience in fixed assets accounting, with at least 2 years in a managerial role.

• Strong knowledge of depreciation methods, FAR management, CWIP reconciliation, and audit processes.

• Familiarity with IFC controls, SOCD requirements, and ERP systems (SAP/Oracle preferred).

• Excellent leadership, communication, and vendor management skills.

• Strong analytical and problem-solving abilities