Asset Management - ALM transformation

PwC; Al Khobar; On-site; SAR 120,000 - 180,000; Full time

Job summary

An established industry player is seeking an experienced Asset Management Manager to lead strategic transformation projects and ensure compliance with industry standards. This role demands a deep understanding of accounting principles and asset management practices, along with the ability to analyze the impact of ALM strategies on the organization’s financial health. The successful candidate will collaborate with stakeholders to enhance processes and systems, develop training programs, and monitor the progress of initiatives. If you have a proven track record in managing large-scale projects and possess strong analytical skills, this is an exciting opportunity to make a significant impact in a dynamic environment.

Qualifications

• 10+ years in fixed asset management and accounting required.
• Strong knowledge of accounting principles and asset management practices.

Responsibilities

• Drive strategic ALM transformation projects across the organization.
• Ensure compliance with regulatory requirements in ALM practices.
• Provide insights for optimizing liquidity and capital management.

Skills

Analytical Skills

Problem-Solving Skills

Communication Skills

Organizational Skills

Time Management Skills

Education

Bachelor’s degree in Accounting, Finance, Business Administration

CPA, CMA, or equivalent certification

Tools

Fixed Asset Software

ERP Systems

Microsoft Office Suite

Job description

Description

Summary: The “Asset Management” Manager is responsible for ensuring alignment with strategic objectives, regulatory requirements, and industry standards on a company's fixed assets. The role requires a deep understanding of accounting principles, asset management practices, and compliance with relevant regulations.

Roles and Responsibilities:

1. Drive strategic ALM transformation projects across the organization.
2. Collaborate with stakeholders to identify areas for process improvement and system enhancements.
3. Lead the design, development, and implementation of new ALM frameworks.
4. Ensure compliance with regulatory requirements and industry standards in ALM practices.
5. Analyze the impact of ALM strategies on the organization’s balance sheet and risk profile.
6. Develop training and change management programs to support ALM transformation.
7. Monitor and report on the progress of ALM transformation initiatives.
8. Provide insights and recommendations for optimizing liquidity, interest rate, and capital management.

Expected Skills:

• Experience with fixed asset software and ERP systems.

Expected Competencies:

• Strong knowledge of accounting principles and standards.
• Proficiency in asset management software and Microsoft Office Suite.
• Excellent analytical and problem-solving skills.
• Strong organizational and time management skills.
• Effective communication and interpersonal skills.
• Proven track record in managing large-scale transformation projects.
• Strong analytical and financial modeling skills.

Required Language Skills:

Proficient in written and spoken English. Arabic is a plus.

Minimum Education and Specific Qualification:

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• CPA, CMA, or equivalent certification preferred.

Minimum Years Experience Required:

10+ years of experience in fixed asset management, accounting, or a related field.