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Corporate Accounting Specialist

1 week ago


Abu Dhabi, Abu Dhabi, United Arab Emirates ADNOC Group Full time
Job Description

We are seeking a highly skilled Senior Accountant to join our team in ADNOC Group. The successful candidate will be responsible for maintaining and updating the Memorandum Fixed Assets Register (FAR) for ADNOC Sour Gas, ensuring all transactions are recorded accurately.

Main Responsibilities:
  • Maintain and update the FAR in SAP, ensuring all capex cost is captured through the work breakdown structure (WBS).
  • Review and align asset classification in the FAR with ADNOC guidelines to facilitate consolidation at Group level.
  • Maintain memorandum fixed assets files along with respective memorandum depreciation based on useful lives and apply componentization where applicable.
  • Prepare the Quarterly Fixed Asset Reporting Package to be submitted to ADNOC.
  • Update the fixed assets, depreciation, and net book value along with CWIP for each quarter in BPC system for ADNOC consolidation.
  • Participate and provide training for new systems impacting fixed assets such as Mojodat and the SAP Fixed assets module.
  • Participate and lead the physical verification and tagging of fixed assets exercise along with ADNOC HQ and assigned consultants.
  • Provide the monthly memorandum depreciation numbers to the reporting team for updating the monthly BPC submission on actuals.
  • Co-ordinate with EAM team and focal points for aligning/reconciling between the financial fixed asset.
  • Maintain and update the policy and procedure document relating to Fixed assets covering various areas such as Impairment, treatment of intangibles, componentization, capitalization date, and manpower.