Fixed Asset Accountant

Ali And Sons Holding L.L.C
Abu Dhabi
AED 120,000 - 200,000
Job description

· Receive, create master data of fixed assets in SAP

· Assign tag numbers to fixed assets

· Conduct periodic/quarterly/annual physical inventory counts of fixed assets as applicable.

· Record fixed asset acquisitions and dispositions in the accounting system.

· Monitor and track the completion of projects, capitalizing costs into fixed asset accounts upon completion.

· Reconcile and check different system reports related to fixed assets and reconcile them with the general ledger.

· Review and update the detailed schedule of fixed assets and accumulated depreciation.

· Calculate asset retirement obligations for those fixed assets to which asset write-offs are applicable.

· Investigate the potential obsolescence of fixed assets.

· Conduct periodic impairment reviews for intangible assets.

Desired Candidate Profile

Bachelor’s Degree in Banking & Finance/ Accountancy/ Commerce or equivalent course.

Minimum 3+ years’ experience in related field; sufficient experience in handling fixed assets accounting, adjustments in the books of accounts, and inventory count. Possess good communication skills (UAE driving license is preferred).

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