Fixed Asset Manager

Job Description

Job Objective

Perform for all activities related to capital project accounting and the accounting for all activities across the life cycle of new and existing assets. Document and coordinate all Capital Review Board activities.

Responsibilities

Strategic

• Assist the Head of Accounting in preparing the strategy and the strategic initiatives for Project & Fixed Asset Accounting, aligned to the Financial Strategy
• Support in monitoring, tracking and reporting performance against strategic initiatives.
  

Financial

• Assist the Head of Accounting in preparing the budget for the Project & Fixed Asset Accounting
• Support in monitoring and tracking adherence to the approved budget.
  

Operational

• Perform all activities related to Capital Project accounting in the books of accounts. Create project account codes, record project related transactions and close / capitalise projects.
• Document and coordinate the implementation of all action points on behalf of the Capital Review Board
• Perform all activities related to Asset Accounting across the life cycle of new and existing assets. Maintain the Fixed Asset Register, depreciate assets as per regulations and review, report and obtain requisite approvals for the disposal of assets.
• Ensure that assets partial capitalization is processed when an asset is in service and generating an economical benefit to the company based on project manager confirmation.
• Review all existing reports within the Corporate Financial System related to Fixed Assets Register to ensure accuracy & report any discrepancies to IT.
• Implement procedures and controls at each accounting process, such that all relevant procedural / legislative requirements are fulfilled while delivering a quality, cost effective service to internal and external customers.
• Ensure continuous improvement of policies, processes, systems / structural programs and procedures covering individual functional activities.
• Provide relevant information to address employee queries related to Project & Fixed Asset Accounting
• Assist in providing required information to internal and external auditors.
  

People

• Take ownership for attending the trainings as per the plan.
• Take ownership for completing PMS process, employee engagement surveys in time.
• Continuously share the knowledge and understanding of the telecom industry and business trends
  

Skills

Qualifications

• Bachelors in accounting, Finance, Business Administration
• 3-6 years of experience in financial accounting functions in the telecom environment.
• Strong working knowledge of SAP, HRMS and MS office applications such as Excel, Access and Power Point.
• Good analytical skills (Financial).
• English language spoken and written skills.
  

Optional

Arabic language spoken and written skills.

• Accounting qualification (AAT/Part Professional qualification) or equivalent
• Preferably ACCA, CMA, CPA, etc. qualified