Assistant Manager, Finance (Fixed Asset Management)

Segi Value Holdings Sdn. Bhd; Petaling Jaya; On-site; MYR 50,000 - 70,000; Full time

Job summary

Segi Value Holdings Sdn. Bhd in Petaling Jaya is seeking a candidate responsible for managing the lifecycle of fixed assets, ensuring compliance, and utilizing assets strategically. The role involves maintaining accurate records, financial monitoring, and collaborating with various departments.

Ideal candidates should have a degree in accounting or finance, knowledge of asset accounting principles, and experience with asset management software like SAP. Key responsibilities also include reporting and supporting financial analysis.

Qualifications

• Diploma/Bachelor’s degree in Accounting, Finance, Business, or related field.
• Knowledge of fixed asset accounting principles.
• Experience with asset management software or ERP is an advantage.
• Familiarity with compliance frameworks and internal controls.

Responsibilities

• Maintain a comprehensive fixed asset register.
• Ensure assets are correctly recorded with categorization and depreciation schedules.
• Conduct regular physical verification and tagging of assets.
• Monitor capitalization, depreciation, and impairment in line with accounting standards.
• Ensure compliance with internal controls and statutory requirements.

Skills

Knowledge of fixed asset accounting principles

Experience with asset management software

Familiarity with compliance frameworks

Education

Diploma/Bachelor’s degree in Accounting, Finance, Business, or related field

Tools

SAP

Oracle

Job description

Job Summary:

Responsible for overseeing the lifecycle of an organization’s fixed assets and ensuring accurate tracking, compliance, and strategic utilization.

Responsibilities:

1. Asset Management & Tracking
   • Maintain a comprehensive and accurate fixed asset register.
   • Ensure assets are correctly recorded with proper categorization, location, and depreciation schedules.
   • Conduct regular physical verification and tagging of assets, whenever necessary.
   • Track asset movements, disposals, and retirements
2. Financial & Accounting Responsibilities
   • Monitor capitalization, depreciation, and impairment in line with accounting standards.
   • Ensure asset accounting aligns standard operating procedures and regulations.
3. Compliance & Audit
   • Ensure compliance with internal controls, accounting policies, and statutory requirements relating to fixed assets management.
   • Identify and mitigate risks related to asset mismanagement or losses.
4. System & Process Management
   • Manage or support implementation of fixed asset management systems or ERP modules (e.g., SAP, Oracle).
   • Develop policies and SOPs for asset lifecycle management, whenever required
5. Team & Stakeholder Coordination
   • Coordinate with procurement, operations, finance, and IT departments to track and manage assets.
   • Communicate with insurance, legal, or valuation teams as needed
6. Strategic Planning & Reporting
   • Provide insights on asset utilization, replacement needs, and cost efficiency.
   • Prepare reports for senior management regarding asset value, depreciation trends, and utilization rates, whenever required.
   • Recommend disposal or redeployment strategies for underused assets
7. Oversee and support ad-hoc financial analysis and projects as required by Management.
8. Perform any other tasks as assigned. Able to step in and take an active role when the situation demands

Qualifications:

• Diploma/Bachelor’s degree in Accounting, Finance, Business, or related field.
• Knowledge of fixed asset accounting principles.
• Experience with asset management software or ERP (eg. SAP) is an advantage.
• Familiarity with compliance frameworks and internal controls