Fixed Asset Accountant
4 days ago
The asset accountant position is accountable for recording the cost of newly-acquired fixed assets (itemized, non itemized and inventory), tracking existing fixed assets, reporting of capital work in progress, recording depreciation and impairments, and accounting for the retirement/disposals of fixed assets in line with IFRS.
He/She will work closely with the Asset Manager, B.U. Managers, Auditors and other stakeholders to review plant performance and ensure full reconciliation of the asset register. The Asset Accountant will supervise the production and ensure accuracy of the project profitability reports.
KEY RESPONSIBILITIES / ACCOUNTABILITIES
- Create and monitor a system of controls, procedures, and forms for the recording of fixed assets.
- Recommend to management any updates to accounting policies related to fixed assets.
- To ensure proper tag numbers assigned to fixed assets.
- Record fixed asset acquisitions and dispositions in the accounting system.
- Reconcile the balance in the fixed asset subsidiary ledger to the summary-level account in the general ledger.
- Calculate depreciation for all fixed assets.
- Review and update the detailed schedule of fixed assets and accumulated depreciation.
- Assess utilisation rate of each asset group and make recommendations to specific GM's.
- Investigate the potential obsolescence of fixed assets and inventory.
- Conduct periodic impairment reviews for intangible assets.
- Lead periodic physical inventory counts of fixed assets and inventory.
- Recommend to management whether fixed assets should be disposed of.
- Conduct analyses related to fixed assets as requested by management.
- 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.
- Participate in Planning/Budgeting of Depreciation calculation and Accumulated Depreciation.
- Review and assess subsequent costs and work orders whether capitalizable or not.
- Perform cost-benefit analyses on proposed CAPEX requirement and high value repair & maintenance.
- Oversee the production of Project profitability analysis for projects. Perform the project profitability analysis, implement cost allocation methodologies across the projects for accurate reporting, perform root cause analysis on underperforming projects and/or on reported cost anomalies.
- In charge of arranging Company's Comprehensive Plant & Machinery and inventory Insurance policy.
- Assist with special projects as requested.
- Carry out any other duties as are within the scope, spirit and purpose of the job as requested by the line manager or Head of Department.
QUALIFICATION REQUIREMENTS
- Bachelor's degree in Accounting or related field.
- Qualified Accountant from recognized institution.
- Strong knowledge of IFRS.
EXPERIENCE REQUIREMENTS
- Minimum 5 years broad finance experience of which two (2) years with an emphasis in fixed assets, management reporting, or auditing.
- Must have minimum 3 year experience in a first tier ERP base financial systems (Oracle, SAP, MS Dynamics…).
- Proficient in Excel and advanced knowledge of the common Microsoft applications, with a keen interest in process analysis, process mapping and automations.
- Strong interpersonal skills, highly analytical and detail oriented.
- Mid-Senior level
- Full-time
- Accounting/Auditing
- Industries: Construction and Civil Engineering
-
Fixed Asset Accountant
2 days ago
Dubai, Dubai, United Arab Emirates ACTION International Services LLC Full time**Job Description:**The Fixed Asset Accountant position is accountable for recording the cost of newly-acquired fixed assets, tracking existing fixed assets, and reporting capital work in progress.The Asset Accountant will supervise the production of project profitability reports, ensuring accuracy and full reconciliation of the asset register.Create a...
-
Fixed Asset Accountant
3 days ago
Dubai, Dubai, United Arab Emirates ACTION International Services LLC Full timeGENERAL DESCRIPTIONThe asset accountant position is accountable for recording the cost of newly-acquired fixed assets (itemized, non itemized and inventory), tracking existing fixed assets, reporting of capital work in progress, recording depreciation and impairments, and accounting for the retirement/disposals of fixed assets in line with IFRS.He/She will...
-
Fixed Asset Accountancy Expert
4 days ago
Dubai, Dubai, United Arab Emirates ACTION International Services LLC Full timeResponsibilitiesThis role requires strong knowledge of IFRS and is responsible for ensuring compliance. Key responsibilities include:Creating and monitoring a system of controls, procedures, and forms for the recording of fixed assets.Recording fixed asset acquisitions and dispositions in the accounting system.Calculating depreciation for all fixed...
-
Officer, Fixed Assets
5 days ago
Dubai, Dubai, United Arab Emirates One&Only Resorts Full timeJob Description At One&Only, we exist to create joy for our guests through anticipation, creativity, precision, empathy and warmth. We tailor every aspect of our guests stay to bring their dreams and desires to life. With an atmosphere thats chic but wonderfully unstuffy, and a team who are meticulous but warm, we seek to exceed our guests expectations at...
-
Accounting Assets Specialist
2 days ago
Dubai, Dubai, United Arab Emirates ACTION International Services LLC Full time**Job Overview:**The Fixed Asset Accountant position involves recording, tracking, and reporting on fixed assets.The Asset Accountant will analyze data related to fixed assets, provide recommendations, and conduct periodic impairment reviews.Monitor a system of controls, procedures, and forms for the recording of fixed assets.Review and assess subsequent...
-
Asset Management Specialist
4 days ago
Dubai, Dubai, United Arab Emirates ACTION International Services LLC Full timeJob DescriptionThe asset management specialist position is responsible for recording the cost of newly-acquired fixed assets, tracking existing assets, reporting capital work in progress, recording depreciation and impairments, and accounting for the retirement/disposals of fixed assets.This role will work closely with the Asset Manager, stakeholders to...
-
Financial Asset Manager
2 days ago
Dubai, Dubai, United Arab Emirates ACTION International Services LLC Full time**About the Role:**The Fixed Asset Accountant position requires a strong knowledge of IFRS and experience with first-tier ERP-based financial systems.The Asset Accountant will work closely with stakeholders to review plant performance and ensure accurate project profitability reports.Manage a system of controls, procedures, and forms for the recording of...
-
Asset Financial Management Professional
2 days ago
Dubai, Dubai, United Arab Emirates ACTION International Services LLC Full time**About the Job:**The Fixed Asset Accountant position requires a strong understanding of IFRS and experience with first-tier ERP-based financial systems.The Asset Accountant will manage a team to review plant performance, ensure accurate project profitability reports, and analyze data related to fixed assets.Develop and implement a system of controls,...
-
Asset Management Expert
17 hours ago
Dubai, Dubai, United Arab Emirates Omanyp Full timeAsset Management PositionOmanyp, a boutique investment firm focused on emerging markets, invites applications for a Portfolio Analyst position.Main Accountabilities:Creating and pricing complex fixed income products is a key responsibility.Developing, maintaining and enhancing financial models and monitoring tools is essential.Regularly revaluing Omanyp's...
-
Senior Accountant
1 week ago
Dubai, Dubai, United Arab Emirates Roads and Transport Authority Full timeMaintain RTA asset register for both Corporate and Agencies are properly accounted and reported, and to ensure new assets are classified, added, and assigned accurately and on a timely manner.KEY RESULTS ACCOUNTABILITIESEnsure that financial transactions related to assets that include additions, transfers, retirements, disposals, and depreciation are...
-
Senior Accountant
3 days ago
Dubai, Dubai, United Arab Emirates Roads and Transport Authority Full timeMaintain RTA asset register for both Corporate and Agencies are properly accounted and reported, and to ensure new assets are classified, added, and assigned accurately and on a timely manner.KEY RESULTS ACCOUNTABILITIES1. Ensure that financial transactions related to assets that include additions, transfers, retirements, disposals, and depreciation are...
-
Financial Asset Administrator
4 days ago
Dubai, Dubai, United Arab Emirates ACTION International Services LLC Full timeJob RequirementsThis role requires a high level of expertise in fixed asset accounting, including creating and monitoring systems of controls and procedures.The ideal candidate will have at least 3 years of experience in a first-tier ERP-based financial system, such as Oracle, SAP, or MS Dynamics.A bachelor's degree in accounting or a related field is...
-
Accountant
1 week ago
Dubai, Dubai, United Arab Emirates Parfums de Marly Full timeThe accountant will be responsible for maintaining accurate financial records, reconciling accounts. The role includes fixed asset management, tax reconciliation, and assisting with audits. The ideal candidate will have a strong attention to detail and be proficient in handling multiple financial operations, including working with intercompany and subsidiary...
-
Accountant
4 days ago
Dubai, Dubai, United Arab Emirates Parfums de Marly Full timeThe accountant will be responsible for maintaining accurate financial records, reconciling accounts. The role includes fixed asset management, tax reconciliation, and assisting with audits. The ideal candidate will have a strong attention to detail and be proficient in handling multiple financial operations, including working with intercompany and subsidiary...
-
Account Receivable
1 week ago
Dubai, Dubai, United Arab Emirates Visitdubai Full timeJoin to apply for the Account Receivable (National Talent) role at Dubai Department of Economy and Tourism . To execute all procedures related to accounts receivable to maintain all financial accounts and fixed assets records in line with the policies and regulations, by maintaining general ledger and sub-ledger accounts and producing various accounting...
-
Accountant
3 weeks ago
Dubai, Dubai, United Arab Emirates Iqbal Restaurant Full timeThe job holder will be managing the implementation and lead overall financial strategy and policies in areas of Treasury, General Ledger and Fixed Asset Management to serve the business objectives of the entity by applying international financial standards and in compliance with set policies and procedures, local laws and regulations. Manage investments and...
-
Fixed Income Product Analyst
17 hours ago
Dubai, Dubai, United Arab Emirates Omanyp Full timePortfolio Analyst RoleOmanyp, a boutique investment firm focused on emerging markets, seeks a skilled Portfolio Analyst to join our team.Main Responsibilities:We require the ability to create and price complex fixed income products.Developing, maintaining and enhancing financial models and monitoring tools is critical.Revaluations of Omanyp's assets and...
-
Financial Asset Manager
17 hours ago
Dubai, Dubai, United Arab Emirates Omanyp Full timeAbout the JobOmanyp is a boutique investment firm with a strong focus on emerging markets. We offer a challenging opportunity for a Portfolio Analyst to contribute to our success.Key Responsibilities:The ideal candidate will have the ability to structure and price complex fixed income structures.Developing, maintaining and improving financial models and...
-
Accountant
5 days ago
Dubai, Dubai, United Arab Emirates Hexagon Asset Lifecycle Intelligence Full timeResponsibilitiesHexagon's Asset Lifecycle Intelligence division (Hexagon) is currently seeking an experienced Financial Accountant based in Dubai who will support the Finance Manager on preparing balance sheets, profit and loss statements and other financial reports. Responsibilities also include analyzing trends, costs, revenues, financial commitments, and...
-
Depreciation and Assets Professional
4 days ago
Dubai, Dubai, United Arab Emirates ACTION International Services LLC Full timeAbout the RoleThis is a mid-senior level position that requires strong finance experience, particularly in fixed assets, management reporting, or auditing. The ideal candidate will have at least 5 years of broad finance experience, with two years of emphasis in fixed assets, management reporting, or auditing.The role also requires proficiency in Excel and...