Location : Fahaheel
The Sr. Associate Accountant & Control (fixed asset )position is responsible
for recording the cost of new / existing acquired fixed assets (both tangible
and intangible), tracking existing fixed assets, recording depreciation.
Following are the job responsibilities:
Create and monitor a system of controls, procedures, and forms for the
recordation of fixed assets.
Recommend to business for any updates to accounting policies related to fixed
assets.
Assign asset tag numbers to fixed assets and provide to stores
Record fixed asset acquisitions and dispositions in the SAP accounting system.
Track the compilation of project costs into fixed asset accounts, and close
out those accounts once the related projects have been completed.
Reconcile the balance in the fixed asset subsidiary ledger to the general
ledger.
Run the monthly depreciation for all fixed assets.
Prepare a detailed schedule of fixed assets, capital work-in progress and
schedule and update the project status to business on a monthly basis
Review the potential obsolescence of fixed assets and highlight the reasons to
business
Plan and conduct periodic physical counts of fixed assets for all the stores
across the GCC market
Recommend to management whether fixed assets should be disposed of wherever
applicable
Prepare audit schedules relating to fixed assets, and assist the auditors in
their inquiries.
Track company expenditures for fixed assets in comparison to the capital
budget and management authorizations.
Education and Experience:
Bachelor's degree in accounting preferred. Must be a detail oriented candidate
A qualified CMA / CPA would be preferred.
3+ years of fixed asset accounting experience.
Excellent written and verbal communication skills in English
Excellent written and verbal communication skills in Arabic
Preferred experience in SAP accounting, MS office tools etc.
Effective communication skill and problem-solving skills
Ready to travel across GCC