Fixed Asset Accountant

Experts Plus Recruitment Services; United Arab Emirates; On-site; AED 120,000 - 180,000; Full time

Job summary

Experts Plus Recruitment Services is looking for a Fixed Asset Accountant in the United Arab Emirates. This role involves managing and reporting on fixed assets, ensuring compliance with accounting standards and internal policies.

Key responsibilities include maintaining the fixed asset register, recording acquisitions and disposals in the ERP system, and supporting audits and financial reporting. Candidates should possess a bachelor’s degree in accounting or finance and strong knowledge of GAAP/IFRS.

Qualifications

• 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 and Pivot Tables.
• Experience with ERP systems such as SAP, Oracle, or NetSuite.

Responsibilities

• Maintain and update the fixed asset register in accordance with internal policies.
• Record fixed asset acquisitions, disposals, and adjustments accurately.
• Perform monthly depreciation runs and reconciliations.
• Monitor ongoing projects for timely capitalization of completed assets.
• Conduct periodic physical verification of fixed assets.

Skills

Fixed asset accounting principles

GAAP/IFRS compliance

Microsoft Excel

ERP systems proficiency

Analytical ability

Attention to detail

Problem-solving skills

Organizational skills

Time management

Education

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

Tools

ERP systems (SAP, Oracle, NetSuite)

Microsoft Excel

Job description

Job Summary

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

Responsibilities

• 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.