Assistant Manager - Fixed Assets (COR 304)

Qiddiya Investment Company; Riyadh; On-site; SAR 20,000 - 30,000; Full time

Job summary

A leading investment firm in Saudi Arabia is seeking an Assistant Manager - Fixed Assets to oversee and manage the organization’s fixed assets. You will handle accurate asset tracking, compliance with accounting standards, and optimization of asset utilization. The ideal candidate has a Bachelor's degree in a related field and 4-6 years of experience in fixed asset management. Strong analytical skills and proficiency in accounting software are required.

Qualifications

• A minimum of 4-6 years of experience in fixed asset management or accounting.
• Strong understanding of fixed asset accounting principles and practices.
• Ability to work independently and collaboratively in a team setting.

Responsibilities

• Manage the fixed asset ledger and ensure accurate recording of asset acquisitions, disposals, and depreciation.
• Conduct regular audits of fixed assets to ensure compliance with company policies and accounting standards.
• Prepare detailed reports on fixed asset performance and provide insights for decision-making.

Skills

Analytical skills

Problem-solving skills

Attention to detail

Communication skills

Organizational skills

Education

Bachelor's degree in Accounting, Finance, Business Administration, or related field

Tools

Accounting software

Microsoft Excel

Job description

Qiddiya Investment Company is a visionary leader in the real estate and entertainment sectors in Saudi Arabia, dedicated to creating unforgettable experiences. We are currently looking for an organized and proactive individual to join our team as an Assistant Manager - Fixed Assets.

In this role, you will be responsible for overseeing and managing the fixed assets of the organization, ensuring accurate records, compliance with accounting standards, and optimization of asset utilization. You will collaborate closely with various departments to maintain accurate asset tracking and reporting.

Your work will be pivotal in safeguarding the company’s investments and ensuring proper asset management practices are in place.

Responsibilities

• Manage the fixed asset ledger and ensure accurate recording of asset acquisitions, disposals, and depreciation.
• Assist in the development and implementation of fixed asset policies and procedures.
• Conduct regular audits of fixed assets to ensure compliance with company policies and accounting standards.
• Collaborate with finance and operational teams to optimize asset utilization and lifecycle management.
• Prepare detailed reports on fixed asset performance and provide insights for decision-making.
• Coordinate with external auditors during financial audits regarding fixed assets.
• Stay updated on regulations and best practices related to fixed asset management.

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field
• A minimum of 4-6 years of experience in fixed asset management or accounting
• Strong understanding of fixed asset accounting principles and practices
• Proficient in accounting software and Microsoft Excel
• Excellent analytical and problem-solving skills
• Attention to detail and strong organizational abilities
• Good communication and interpersonal skills
• Ability to work independently and collaboratively in a team setting