Finance Assistant Manager (CAPEX)

Miral Experiences; Abu Dhabi; On-site; AED 90,000 - 120,000; Full time

Job summary

A leading company in Abu Dhabi is seeking a finance professional to manage fixed assets, ensure compliance with accounting standards, and support audit processes. The role requires a Bachelor's degree in accounting and at least 3 years of experience in finance. Candidates should have excellent attention to detail and strong communication skills. Join a dynamic team to enhance financial workflows and implement best practices.

Qualifications

• Minimum 3 years experience in the field of finance.
• Excellent knowledge of IFRS accounting standards.

Responsibilities

• Review and update fixed assets schedules and reconcile with GL.
• Provide monthly updates on capital expenditures and prepare invoices.
• Support audit processes by providing necessary documentation.

Skills

Attention to Detail

Communication

Interpersonal Skills

Financial Analysis

Education

Bachelor's degree in an accounting-related field

Job description

Job Description

Supporting in Month end Activity

• Review and update the detailed schedule of fixed assets and accumulated depreciation and make sure FA schedules are reconciled with GL.
• Reconcile the balance in the fixed asset subsidiary ledger to the summary-level account in the general ledger.
• Provide a monthly update on all capital expenditures (Capex) for the MX and MD groups, ensuring alignment with the approved budget. Prepare and send invoices to Miral on a quarterly basis.
• Preparation of ad hoc internal management reports as required.
• Assist in preparing various department monthly trackers on consolidated level for MX group.
  
  

Preparing and Maintaining Trackers

• Preparing day-to-day activities for Fixed Assets and maintaining Assets Capitalization & Assets Retirement.
• Updating reallocations of the Capex budget.
• Maintain records for PR & PO for each Capex Budget and update them in capex tracker.
• Conduct periodic physical counts of fixed assets.
• Investigate the potential obsolescence of fixed assets.
• Conduct financial analysis to support decision-making processes.
• Team member for Fixed Assets Tagging Projects to ensure completion of the project in line with the guidelines and timelines.
• Prepare and provide financial data and reports required for management review, audits, tax filings, and other regulatory reporting.
  
  

Audit and Compliance

• Support the external and internal audit process by providing necessary documentation, explanations, and reconciliations.
• Ensure compliance with internal financial policies, procedures, and controls, as well as all applicable regulatory requirements.
  
  

Process Improvement and Automation

• Create and monitor a system of controls, procedures, and forms for the recordation of fixed assets.
• Identify opportunities to improve fixed assets processes, enhance reporting accuracy, and implement automated solutions to streamline the general ledger function.
• Collaborate with IT and finance teams to ensure the integrity and functionality of the accounting systems.
• Implement best practices and standard operating procedures.
• Collaborate with other departments to streamline financial workflows.
  
  

Essentials:

• Bachelor's degree in an accounting-related field
• Minimum 3 years experience in the field of finance
• Excellent knowledge of IFRS accounting standards
• High attention to detail
• Good communication and interpersonal skills
• Ability to work under pressure