Accountant Fixed Asset

EtihadWE; Ajman Emirate; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading utility company in the United Arab Emirates is seeking an experienced Accountant Fixed Asset. In this role, you will manage fixed asset accounting functions, ensuring compliance with IFRS and maintaining accurate records. The ideal candidate holds a Bachelor’s degree in accounting or finance and has strong analytical and organizational skills. Join a team that values integrity and collaboration.

Qualifications

• Strong knowledge of fixed asset accounting principles and practices as per IFRS.
• Ability to work collaboratively in a team environment.
• Attention to detail and ability to manage multiple tasks.

Responsibilities

• Prepare and maintain accurate records of fixed assets.
• Review costs and ensure only CAPEX is capitalized.
• Calculate and post depreciation and amortization entries.

Skills

Analytical skills

Organizational skills

Communication skills

Education

Bachelor’s degree in accounting, finance, or related field

Tools

SAP

Financial software and ERP systems

Job description

Overview

Join Our Team: Accountant Fixed Asset at EtihadWE. We are seeking a talented and experienced Accountant Fixed Asset. In this key role, you will prepare the accounting functions related to EtihadWE’s fixed asset portfolio. This involves capitalization, tracking, reporting, and ensuring compliance with accounting standards such as IFRS.

Key Responsibilities

• Prepare and maintain accurate records of fixed asset, including acquisitions, disposal, and transfers.
• Review cost booked and ensure only CAPEX is capitalized in the Fixed Asset Module in SAP.
• Obtain capitalization templates for all completed projects from respective technical teams and capitalize in a timely manner without delays.
• Ensure timely monthly and year end closing activities related to fixed asset.
• Assist in the preparation of fixed asset schedules and reports for internal and external stakeholders.
• Monitor and follow-up on CAPEX Projects and obtain expected completion dates for all ongoing projects.
• Prepare JV for inventory provision for slow/non-moving inventory.
• Actively participate in annual physical stock take exercise and fixed assets verification.
• Support the monthly, quarterly, and annual financial closing processes by providing fixed asset data.
• Calculate and post depreciation and amortization entries in accordance with IFRS.
• Monitor asset life cycles and recommend adjustment as necessary.
• Prepare documentation and support materials for internal and external audits related to fixed assets.
• Assist in addressing auditor inquiries and ensuring compliance with audit requirements.

Qualifications

• Bachelor’s degree in accounting, finance, or any related field
• Strong analytical and organizational skills with attention to detail
• Good communication skills and ability to work collaboratively
• Knowledge of fixed asset accounting principles and practices as per IFRS
• Proficiency in financial software and ERP systems

Why Join EtihadWE?

At EtihadWE, we’re shaping the future of the utilities sector while fostering an inclusive and innovative work environment. Be part of a team that values integrity, excellence, and collaboration.