Executive / Senior Executive - Fixed Assests (Account Payables)

ACCA Careers; Karachi Division; On-site; PKR 1,200,000 - 1,800,000; Full time

Job summary

ACCA Careers in Karachi seeks a Part-qualified finance professional to manage Fixed Assets Register, CAPEX, CWIP, and asset verification in Oracle. You will ensure asset tagging, depreciation setup, and timely month-end closing in line with accounting policies.

The ideal candidate has 2–4 years in Fixed Assets Accounting, hands-on Oracle ERP experience, and strong communication and analytical skills to support audits and year-end reporting.

Qualifications

• 2–4 years of experience in Fixed Assets Accounting or CAPEX accounting.
• Hands-on Oracle ERP (Fixed Assets & GL Ledgers).
• Strong communication, analytical, and problem-solving abilities.

Responsibilities

• Maintain and manage Fixed Asset Register (FAR) and lifecycle from acquisition to disposal, including asset transfers, reclassifications, retirement and write-offs.
• Support CAPEX management, CWIP monitoring, and month-end closing activities.
• Review vendor invoices, GRNs, project completion certificates and supporting documents for capitalization.

Skills

Fixed assets accounting

CAPEX accounting

Oracle ERP

Communication

Analytical thinking

Problem-solving

Education

ACCA/ACMA/CA Inter / MBA or BBA in finance

Tools

Oracle ERP Fixed Assets & GL

Job description

• Maintenance fixed Assets Register (FAR) Management of company assets in Oracle Fixed Assets Module with all respect with complete lifecycle of fixed assets from acquisition to disposal & Asset Transfers, Addition, Reclassifications, Disposal, Retirement and write-offs.
• Support CAPEX management, CWIP monitoring, vendor advance tracking, asset verification, and month-end closing activities.
• Review vendor invoices, GRNs, project completion certificates, and supporting documents for capitalization.
• Ensure proper asset classification and depreciation setup.
• Periodic and annual physical verification of assets by coordinating verification exercises across all company locations. Maintain asset tagging controls.
• Ensure all capitalized assets are tagged with unique identification numbers and coordinate asset tagging activities at all locations.
• Review GRNs, project completion certificates, and supporting documents for capitalization.
• Capitalize assets in Oracle Financials in accordance with accounting policies Execute monthly depreciation process through Oracle.
• Execute depreciation runs and validate results. Verify accuracy of depreciation calculations. Prepare monthly & periodic depreciation schedules like financial and tax depreciation.
• Complete all Fixed Asset month-end closing activities within reporting timelines. Computation and preparation schedules of Deferred tax monthly and periodically.
• Support year-end financial statement preparation and audit requirements.
• Ensure timely closure of all FA-related accounting and reporting activities.
• Support internal and external audits relating to Fixed Assets, CAPEX, CWIP, and Vendor Advances.
• Prepare audit schedules and supporting documentation.
• Respond to audit queries and information requests. Ensure timely closure of audit findings.

Major Responsibilities

Key Responsibilities

• Maintenance fixed Assets Register (FAR) Management of company assets in Oracle Fixed Assets Module with all respect with complete lifecycle of fixed assets from acquisition to disposal & Asset Transfers, Addition, Reclassifications, Disposal, Retirement and write-offs.
• Support CAPEX management, CWIP monitoring, vendor advance tracking, asset verification, and month-end closing activities.
• Review vendor invoices, GRNs, project completion certificates, and supporting documents for capitalization.
• Ensure proper asset classification and depreciation setup.
• Periodic and annual physical verification of assets by coordinating verification exercises across all company locations. Maintain asset tagging controls.
• Ensure all capitalized assets are tagged with unique identification numbers and coordinate asset tagging activities at all locations.
• Review GRNs, project completion certificates, and supporting documents for capitalization.
• Capitalize assets in Oracle Financials in accordance with accounting policies Execute monthly depreciation process through Oracle.
• Execute depreciation runs and validate results. Verify accuracy of depreciation calculations. Prepare monthly & periodic depreciation schedules like financial and tax depreciation.
• Complete all Fixed Asset month-end closing activities within reporting timelines. Computation and preparation schedules of Deferred tax monthly and periodically.
• Support year-end financial statement preparation and audit requirements.
• Ensure timely closure of all FA-related accounting and reporting activities.
• Support internal and external audits relating to Fixed Assets, CAPEX, CWIP, and Vendor Advances.
• Prepare audit schedules and supporting documentation.
• Respond to audit queries and information requests. Ensure timely closure of audit findings.

Requirements

• Part-qualified ACCA, ACMA, CA Inter, MBA/BBA, or bachelor’s in finance/accounting.
• 2–4 years of relevant experience in Fixed Assets Accounting, CAPEX Accounting or Finanical Reporting
• Hands-on Oracle ERP (Fixed Assets & GL Ledgers).
• Strong communication, analytical, and problem-solving abilities.