Fixed & Intangible Asset Accountant

Al Qadisiyah; Eastern Province; On-site; SAR 180,000 - 260,000; Full time

Job summary

Al-Qadsiah Club is seeking a meticulous Assets Accountant to manage fixed and intangible assets and right-of-use assets, ensuring accurate reporting and asset optimization across the organization.

You will implement controls, maintain registers, support audits, and collaborate with finance and operations to deliver reliable capital and lease accounting in line with IAS/IFRS standards.

Qualifications

• Bachelor’s degree in Accounting or Finance is required.
• Professional qualifications (SOCPA, ACA, CPA, ACCA, CIMA or equivalent) preferred.
• 3–6 years of asset accounting experience.

Responsibilities

• Own end-to-end fixed asset accounting from acquisition to disposal.
• Record depreciation, impairment reviews, and asset revaluations.
• Maintain fixed asset and lease registers and related schedules.
• Prepare audit schedules for assets and leases and assist audits.
• Collaborate with cross-functional teams for capital and lease reporting.
• Identify process improvements for asset accounting and IFRS compliance.

Skills

Fixed asset accounting

IAS 16

IFRS 16

Depreciation & amortization

Lease accounting

Capital budgeting

ERP systems

Financial reporting

Analytical skills

Education

Bachelor's degree in Accounting or Finance

Professional qualification (SOCPA, ACA, CPA, ACCA, CIMA or equivalent) would be preferred

Tools

ERP software

Job description

Be Part of a Legacy Bigger Than the Game

At Al-Qadsiah Club we create more than teams Weu2019re crafting a legacy that goes beyond the game making an impact both on and off the field Driven by ambition synergy and innovation we aim to inspire generations while shaping the future of Saudi sports This is more than just a job Itu2019s an opportunity to be part of something larger than yourself At Al-Qadsiah youu2019ll play a key role in shaping our legacy contributing to the nationu2019s sports vision and making history every step of the way

OVERVIEW

Al Qadsiah Club is seeking a detail-oriented Assets Accountant to manage the full lifecycle of fixed assets and intangible assets and right-of-use assets ensure accurate financial reporting and support asset optimization across the organization The role contributes to financial control compliance and operational efficiency while collaborating with cross-functional teams

KEY RESPONSIBILITIES

• Maintain full responsibility for the end-to-end accounting of fixed assets including tangible and intangible assets and Right-of-use assets from acquisition through to disposal
• Record fixed asset acquisitions disposals transfers and depreciation accurately within the accounting system
• Create implement and monitor controls procedures and documentation for the effective management of fixed assets
• Maintain and reconcile the fixed asset register and capital work-in-progress CWIP accounts to the general ledger on a monthly basis
• Track project costs close asset accounts upon project completion and ensure alignment with capital budgets and management approvals
• Conduct periodic physical asset counts verifications impairment reviews and obsolescence assessments
• Recommend asset disposals and provide analysis to support capital investment decisions
• Prepare audit schedules related to fixed assets and leases and support internal and external audit enquiries
• Manage the asset for expenditure process monitor and report capital expenditure against approved budget items on monthly basis
• Recording the acquisition of player registrations transfer fees agent fees and other direct costs as intangible fixed assets in accordance with IAS 38 and the accounting policies of the Company
• Manage intangible asset register player workings and schedules to calculate the impact of required adjustments including monthly amortization of expenses
• Track variable payments for the acquisition of assets and record such variable payments in accordance with the accounting policy of the Company
• Manage lease accounting in line with IFRS 16 including assessment of contracts recognition of right-of-use assets and lease liabilities and ongoing reporting
• Prepare monthly lease accounting entries reconciliations forecasts and disclosures
• Collaborate with finance project and operational teams to ensure accurate capital and lease reporting
• Identify and implement continuous improvements within capital and lease accounting processes
• Support the Finance Manager and wider finance team with ad hoc analysis and reporting as required
• Provide guidance and on-the-job training to junior team members and support knowledge-sharing initiatives
• Identify opportunities to enhance systems processes productivity and cost efficiency

EDUCATION, QUALIFICATION AND EXPERIENCE REQUIRED:

• Bacheloru2019s degree in Accounting or Finance
• Professional Qualification (SOCPA, ACA, CPA, ACCA, CIMA or equivalent) would be preferred
• 3u20136 years of asset accounting experience

PERSONAL SPECIFICATION

SKILLS & ATTRIBUTES

• Proven experience in capital or fixed asset accounting, ideally within a large or international organization.
• Strong understanding of accounting principles, fixed asset and intangible asset accounting, and lease accounting under IAS 16, IAS 38 and IFRS 16.
• Experience managing fixed asset, intangible assets and lease registers, depreciation & amortization calculations, maintaining related schedules, reconciliations, and disclosures.
• Knowledge of new and emerging accounting standards, compliance and regulatory requirements.
• Experience working with ERP systems
• Strong analytical skills with the excellent attention to detail.
• Proficient in spreadsheet use, data analysis, and financial reporting.
• Strong organizational skills with the ability to manage multiple priorities effectively.
• Clear and confident communication skills, both written and verbal, with the ability to work collaboratively across teams.
• A proactive approach to problem-solving and continuous improvement