Fixed Asset Accountant
4 weeks ago
We are looking to hire a Fixed Asset - Accountant who will be responsible for maintaining accurate records of fixed assets and financial records, preparing financial reports, calculating and recording depreciation and amortization expenses accurately and timely, and ensuring compliance with accounting regulations and standards for our client based in Dubai , a leading semi-government organization.
This position is a contract role with an initial duration of 6 months and is renewable .
Key Responsibilities:
- Fixed Assets Accounting: Maintain accurate records of fixed assets, including acquisition, depreciation, disposal, and impairment.
- Perform regular reconciliations of fixed asset sub-ledger to the general ledger.
- Depreciation and Amortization: Calculate and record depreciation and amortization expenses accurately and timely.
- Ensure compliance with relevant accounting standards (IFRS, GAAP) and company policies regarding fixed assets.
- Monitor changes in asset values and impairment indicators.
- Capital Expenditure Management: Collaborate with various departments to review and approve capital expenditure requests.
- Monitor capital projects’ progress and ensure timely capitalization of assets in accordance with company policy.
- Reporting and Analysis: Prepare regular reports on fixed assets and provide insights on fixed data analysis.
- Compliance and Audit: Assist in internal and external audits related to fixed assets and provide documentation.
Minimum Qualifications:
- Bachelor’s Degree in Accounting, Finance, or similar.
- Professional accounting qualification is preferred (CA, ACCA, CMA, CPA).
- Minimum of 3 - 5 years of work experience as an Accountant with a focus on fixed assets management.
- In-depth knowledge of Oracle Fusion or similar ERP systems will be an advantage.
- Strong understanding of accounts payable processes, including invoice processing, payment disbursement, and reconciliation.
- Analytical mindset with the ability to interpret financial data, identify trends, and make data-driven decisions.
- Exceptional communication skills, both written and verbal, with the ability to interact effectively with internal and external stakeholders.
- Detail-oriented approach with a focus on accuracy and compliance.
- Proficiency in Microsoft Office Suite and advanced user of Excel.
- Functional understanding of current accounting software.
Availability: Preference will be given to candidates available immediately after accepting the offer.
We are looking for a candidate who will be able to work in the United Arab Emirates. Please apply with your resume and include your contact details.
We will review your job application within 7 working days. Should your profile fit the requirements of the role, a consultant from Edari will be in touch with you to discuss the role in more detail and potential next steps.
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