Job Purpose:
To manage and maintain the organization’s fixed assets register, ensuring accuracy, compliance, and proper accounting treatment in accordance with company policies and applicable accounting standards.
Key Responsibilities:
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Maintain and update the fixed asset register, ensuring all acquisitions, disposals, and transfers are accurately recorded.
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Ensure capitalization and depreciation of fixed assets are done in compliance with accounting standards and company policy.
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Perform periodic physical verification and reconciliation of fixed assets with the asset register.
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Monitor ongoing capital projects (CIP – Capital Work in Progress) and ensure timely capitalization upon completion.
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Review and validate supporting documentation for asset purchases and disposals.
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Coordinate with procurement, IT, and operations teams for asset tagging, movement, and verification.
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Prepare monthly depreciation schedules and ensure proper posting in the general ledger.
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Assist in annual audits by providing detailed fixed asset schedules and supporting documents.
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Identify and report any discrepancies, impairments, or obsolete assets for management review.
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Ensure compliance with IFRS/IAS 16 (Property, Plant, and Equipment) or other applicable local accounting standards.
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Support management with fixed asset-related analysis, reporting, and forecasting.
Qualifications & Experience:
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Bachelor’s degree in Accounting, Finance, or related field.
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Professional certification (CA/CPA/ACCA) preferred but not mandatory.
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3–5 years of experience in fixed assets accounting or general ledger functions.
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Strong understanding of accounting principles and asset management processes.
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Experience with ERP systems (e.g., SAP, Oracle, Microsoft Dynamics).
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Proficiency in MS Excel and other analytical tools.
Looking for immediate joiners in UAEÂ