Nitish Upadhyay

About Nitish Upadhyay

Passionate Finance Specialist with a results-driven mindset. Expertise in Accounts…

Experience

1. Senior Executive - Accounts

   Kin Marche

   Mar 2024 — Present · Kinshasa, CD

   Maintain accurate records of fixed assets, including acquisition, depreciation, disposals, and impairments in accordance with accounting standards and company policies.* Ensure compliance with regulatory requirements and accounting principles regarding fixed asset reporting and valuation.* Develop and implement systems for tracking and verifying fixed assets, including physical audits, tagging assets, and reconciling discrepancies between physical inventory and accounting records.* Conduct periodic asset verification to ensure accuracy and mitigate risks of loss or misplacement.* Calculate and record depreciation and amortization expenses accurately based on the useful life and depreciation methods of different asset categories.* Review and update depreciation schedules as required by changes in accounting standards or asset status.* Collaborate with departments to manage the capital expenditure process, ensuring proper authorization, documentation, and accounting treatment for new asset acquisitions.* Provide financial analysis and recommendations for capital investments, considering the impact on the organization\'s financial statements and budgets.* Prepare and present periodic reports on fixed asset status, including additions, retirements, impairments, and adjustments, to management and stakeholders.* Conduct analysis to assess asset performance, utilization, and efficiency, providing insights for decision-making and strategic planning.* Continuously review and enhance fixed asset management processes, implementing best practices, automation, and controls to improve efficiency and accuracy.* Ensure adherence to internal controls, policies, and procedures related to fixed asset management and accounting.* Collaborate with cross-functional teams such as finance, procurement, operations, and IT to ensure alignment in asset management processes and data accuracy.* Communicate effectively with stakeholders, providing support, guidance etc.

Education

• Babasaheb Bhimrao Ambedkar Bihar University

  Bachelor of Commerce - BCom

  2017 — 2020