When our values align, there's no limit to what we can achieve.
At Parexel, we all share the same goal - to improve the world's health. From clinical trials to regulatory, consulting, and market access, every clinical development solution we provide is underpinned by something special - a deep conviction in what we do.
Each of us, no matter what we do at Parexel, contributes to the development of a therapy that ultimately will benefit a patient. We take our work personally, we do it with empathy and we're committed to making a difference.
Key Accountabilities
Maintain and update the fixed asset register, ensuring accuracy and completeness.
Record acquisitions, disposals, transfers, and depreciation of fixed assets in accordance with accounting standards.
Perform monthly reconciliation of fixed assets sub ledger with the general ledger.
Assist in physical verification and tagging of assets.
Support internal and external audits by providing required documentation.
Ensure compliance with company policies GAAP, and statutory requirements.
Collaborate with procurement, operations, and finance teams to track asset lifecycle.
Prepare reports on asset utilization, depreciation schedules, and capital expenditure.
Identify opportunities for process improvements in asset management.
Ensure Fixed Assets SOX controls are maintained effectively and remain free of deficiencies.
Accountable for ongoing follow-up on open Fixed Assets items in coordination with relevant teams.
Responsible for participating in the bi-annual Fixed Assets impairment process and ensuring timely recording of necessary adjustments
Skills
Firm understanding of accounting concepts and experience with accounting information systems – Oracle experience is preferred.
Excellent communication skills (verbal & written) and ability to liaise effectively with internal and external accounting teams.
· Understanding of account reconciliation concept.
Knowledge and Experience
One to three years of experience in the accounting field is required.
Knowledge of Microsoft Excel is required.
Knowledge of Oracle is an added advantage.
· General Ledger or Record to Report experience is an added advantage
Education
Knowledge of Oracle is an added advantage.
