Expert Fixed Assets

ACCA Careers; Islamabad; On-site; PKR 1,400,000 - 2,000,000; Full time

Job summary

A leading finance organization is seeking an Expert in Fixed Assets to handle all accounting and reporting related to fixed assets. This role will focus on maintaining the Fixed Assets Books in Oracle Financial, ensuring compliance with IFRS, and assisting with audits. The ideal candidate will have a strong background in accounting and demonstrate adherence to fixed asset controls and reporting standards. This is a great opportunity to contribute to the financial integrity of the organization while growing your expertise.

Benefits

Equal opportunity employer

Supportive work environment

Qualifications

• Deep knowledge and expertise in handling Fixed Assets.
• Experience with IFRS and SOX compliance.
• Ability to perform depreciation calculations.

Responsibilities

• Maintain Fixed Assets Books in Oracle Financial.
• Run depreciation processes for all company assets.
• Prepare audit schedules and assist auditors.

Skills

Fixed Assets Accounting

IFRS Compliance

Oracle Financials

Data Analysis

Education

Bachelor's Degree in Accounting or Finance

Tools

Oracle Financial

Job description

Grade Level: L2

Location: Islamabad

What is Expert Fixed Assets?

The Expert Fixed Assets is someone who has the knowledge and expertise to handle and record end to end processes of Fixed Assets domain. The prime role of Expert Fixed Assets is accounting and reporting of the fixed assets (both tangible and intangible), tracking existing fixed assets, recording depreciation and accounting for the disposition of fixed assets, meanwhile ensuring complete compliance with IFRS/ Group Accounting Manual.

This role reports directly to the Manager Fixed Assets, with an extended team of 3 members.

What does Expert Fixed Assets do?

• Maintaining the Fixed Assets Books in Oracle Financial, daily transactions and their reporting activities
• Recording of routine/non-routine capitalization transactions of Fixed Assets
• Run & complete depreciation process for all the company’s assets
• Maintain schedule of Capital Work in Progress i.e. accruals/advances etc. including performing ageing analysis to identify both long outstanding balance & exposure to credit-risk vendors
• Perform impairment testing and remain vigilant for both internal and external indicators as prescribed in the IFRS.
• Independent handling of all daily and closing activities related to Fixed Assets and its reporting
• Acquire a sound business understanding of the relevant fixed assets domain
• Ensure compliance with SOX controls including documentation and reporting.
• Prepare audit schedules relating to fixed assets and assist the auditors in their inquiries.
• Facilitating all stakeholders relating to CAPEX and responding their queries within time.
• Extraction and reporting of Ad-hoc information requests from various internal & external departments.
• Ensuring compliance with Fixed Assets SLAs and KPIs.
• Prepare Fixed Assets dashboard reporting for review of higher management including variance analysis between budget/ forecast vs actual and between previous and current periods.
• Identify and support implementation of end-to-end process improvement initiatives.
• Act as a key contact person for resolution of queries from finance and non-finance departments.
• Support the implementation of changes in group policies and procedures in accounting for fixed assets.
• Recording of Disposals in Fixed Asset Module as per process/policy
  
  

Jazz is an equal opportunity employer. We celebrate, support, and thrive on diversity and are committed to creating an inclusive environment for all employees.