Fixed ets Officer - Millennium amp Copthorne Makkah Al Naseem
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1 Vacancy
Job Description
As a Fixed Assets Officer you are responsible for the comprehensive management and oversight of the hotels fixed assets ensuring accurate tracking efficient allocation and proper disposal in alignment with both hotel policies and regulatory requirements. This role plays a critical part in safeguarding the hotels assets supporting financial reporting and ensuring the accuracy and completeness of the fixed asset register. You will collaborate with various departments to maintain the integrity of asset management processes and support both internal and external audits.
Key Job Responsibilities:
- Maintain and update the fixed asset register ensuring accurate records of all fixed assets including acquisition location and disposal.
- Ensure assets are tagged and physically verified on a regular basis.
- Coordinate with various departments to manage the allocation and transfer of assets.
- Assist in the development and implementation of asset management policies and procedures.
- Accurately record acquisitions disposals transfers and depreciation of fixed assets in compliance with hotel and regulatory requirements.
- Prepare detailed reports on asset values depreciation schedules and asset life cycles.
- Assist in the preparation of monthly and annual financial reports related to fixed assets.
- Conduct periodic physical inventories of all assets and reconcile any discrepancies between physical counts and recorded data.
- Support internal and external audits by providing necessary documentation and reports related to fixed assets.
- Collaborate with the procurement and operations departments to ensure new acquisitions are properly recorded and classified.
- Provide guidance and support to department heads on asset usage management and maintenance.
- Manage the process of asset disposal ensuring compliance with hotel policies and local regulations.
- Record and document the disposal of assets including calculation of any resulting gains or losses.
- Coordinate with the Owning company on daytoday physical asset management and prepare reports.
- Perform any other tasks delegated by the Head of Finance.
- Operate in a safe and environmentally friendly manner prioritizing guests and colleagues health and safety as well as environmental conservation.
- Adhere to hotel environmental health and safety procedures and policies.
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Employment Type
Full Time
