Fixed Assets Accountant

To manage, record, and control all tangible and intangible fixed assets of the bank, track their movement, location, and depreciation, and perform periodic physical verification to ensure that financial records align with physical assets in compliance with applicable accounting standards:

• Record new fixed assets and Capital Work in Progress (CWIP) in the ERP system, ensuring alignment with purchase orders and supplier invoices.

• Calculate and post periodic depreciation expenses according to approved policies and depreciation rates.

• Perform monthly reconciliations between the Fixed Asset Register (FAR) and the General Ledger (GL).

• Process asset disposals, retirements, or sales, and record the resulting gains or losses.

• Plan and coordinate periodic and annual physical inventory counts for all company assets across branches.

• Reconcile physical count results with system records, investigate variances or shortages, and submit recommendations.
• Track asset transfers between departments or branches, ensuring proper documentation via Asset Transfer Forms.

Requirements

Qualification:

Bachelors or Master’s Degree in Bachelor’s degree in Accounting or Finance.

SKILLS

• English & Arabic Language

• Proficiency in ERP systems (Oracle) and advanced Microsoft Excel skills.
  

BEHAVIOURAL COMPETENCIES

• Team- Work

• Creativity

• Commitment  & Pride
• Problem – Solving