Fixed Asset Accountant

Experts Plus Recruitment Services; Dubai; On-site; AED 80,000 - 120,000; Full time

Job summary

A leading recruitment service provider in Dubai is seeking a Fixed Asset Accountant to oversee and report on fixed assets. This role involves maintaining accurate records, ensuring compliance with accounting standards (GAAP/IFRS), and supporting audits. Candidates should hold a bachelor’s degree in Accounting or Finance, possess strong analytical skills, and have proficiency in ERP systems. The position offers the opportunity to enhance internal controls and collaborate with various teams in the organization.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field required.
• Strong knowledge of fixed asset accounting principles and GAAP / IFRS compliance.
• Proficiency in Microsoft Excel, including VLOOKUP and Pivot Tables.

Responsibilities

• Manage and report on the company’s fixed assets.
• Update the fixed asset register in accordance with internal policies.
• Prepare fixed asset-related schedules for financial reporting.

Skills

Fixed asset accounting principles

GAAP / IFRS compliance

Microsoft Excel proficiency

ERP systems experience

Attention to detail

Analytical skills

Problem-solving skills

Time management

Education

Bachelor’s degree in Accounting, Finance, or a related field

Tools

SAP

Oracle

NetSuite

Job description

Job Summary

he Fixed Asset Accountant is responsible for managing and reporting on the company’s fixed assets, including acquisition, capitalization, depreciation, disposal, and reconciliation. This role ensures compliance with accounting standards and internal policies, maintains accurate asset records, and supports audits and financial reporting.

Requirements

• Maintain and update the fixed asset register in accordance with internal policies and accounting standards.
• Record fixed asset acquisitions, disposals, transfers, and adjustments accurately in the ERP system.
• Perform monthly depreciation runs, reconciliations, and ensure proper capitalization of assets.
• Monitor ongoing projects to ensure timely capitalization of completed assets (CWIP clearance).
• Conduct periodic physical verification of fixed assets and reconcile discrepancies.
• Prepare fixed asset-related schedules for monthly, quarterly, and annual financial reporting.
• Assist in internal and external audit requirements related to fixed assets.
• Ensure compliance with GAAP / IFRS and company policies for asset accounting processes.
• Support process improvements to enhance accuracy, efficiency, and internal controls.
• Collaborate with procurement, finance, and operations teams for asset-related workflows and documentation.

Qualifications & Skills

• Bachelor’s degree in Accounting, Finance, or a related field.
• Strong knowledge of fixed asset accounting principles and GAAP / IFRS compliance.
• Proficiency in Microsoft Excel, including VLOOKUP, Pivot Tables, and data analysis.
• Experience working with ERP systems such as SAP, Oracle, NetSuite, or similar (Fixed Asset Modules).
• Excellent attention to detail, accuracy, and organizational skills.
• Strong analytical ability and problem-solving skills.
• Ability to work independently and manage time effectively.