IndiGo - Associate Director - Finance & Accounts

Job Purpose:

To manage end-to-end accounting processes related to Airport Charges, Engineering payables and Fixed Assets Accounting, ensuring accuracy, compliance, and timely reporting. The role includes vendor coordination, audit readiness, tax compliance, and cross-functional collaboration to support business objectives.

Key Responsibilities:

Airport Charges, Engineering and Fixed Asset Management:

- Oversee Airport Charges, Engineering and fixed asset accounting including invoice booking, asset code creation, and contract review

- Leading the Automation in Airport Charges, Engineering and FA accounting

- Conduct physical verification and reconciliation of assets per company policy

- Maintain Fixed Asset Register, update based on department feedback (e.g., asset location, scrapping, sale)

- Capitalize assets and compute depreciation as per accounting standards

- Ensure monthly closure of books according to financial timelines

- Track capital advances and ensure closure

- Support audit preparedness through schedule creation and resolution of audit points

Vendor Coordination & Controls:

- Reconcile vendor statements and resolve outstanding issues

- Ensure internal controls are in place and properly documented

- Ensuring FEMA compliance with respect to payments / receipts in Foreign currency

- Maintain tax compliance (Direct and Indirect) relevant to engineering and asset purchases

Reporting & Business Support:

- Prepare regular MIS and analytics reports for leadership

- Collaborate with cross-functional teams to ensure smooth operations and data accuracy

- Support strategic decision-making with financial insight

Skills & Qualifications:

- Communication: Strong verbal and written skills for interacting across departments

- Team Leadership: Ability to manage and guide team members effectively

- Accounting Standards: Understanding of Engineering payable and fixed asset related accounting principles

- SAP: Working knowledge of SAP or similar ERP systems

- Audit Readiness: Experience in reviewing audit schedules and successful audit closures