Inventory & Fixed Assets Finance Specialist

Saudi Entertainment Ventures | SEVEN; Abha; On-site; SAR 180,000 - 260,000; Full time

Job summary

Saudi Entertainment Ventures | SEVEN is seeking a Senior Finance Specialist focused on inventory and fixed assets accounting. You will ensure accurate IFRS-compliant recording across Retail, F&B, and Spare Parts, manage capitalization, depreciation, and asset disposals, and support asset reporting.

The role partners with Procurement, Projects, Operations, and Finance to optimize processes, perform reconciliations, assist audits, and enhance asset data quality across ERP systems.

Qualifications

• Bachelor's degree in accounting, finance, or related field.
• Professional certificate in Finance or Accounting (CPA, SOCPA, CFA, CFP) preferred but not mandatory.
• 2–3 years of experience in Fixed Assets or Financial Accounting.
• Strong knowledge of IFRS, particularly IAS 16, IAS 36, and IAS 38.
• Working knowledge of IFRS inventory accounting (IAS 2) and internal controls.
• Experience working in ERP-driven environments (e.g., SAP - FI).

Responsibilities

• Manage full fixed asset lifecycle including capitalization, depreciation, impairments, and disposals.
• Monitor AUC/CWIP and ensure capitalization on project completion.
• Maintain and reconcile the Fixed Asset Register with the GL and Trial Balance.
• Ensure accurate asset classification, tagging, and useful life assignment.
• Review CAPEX transactions and validate CAPEX vs OPEX classification.
• Monitor and validate inventory movements across ERP and warehouse systems.
• Perform stock counts, cycle counts, and reconciliations, including variance analysis.
• Support inventory valuation, including provisions, obsolescence, and write-offs (IAS 2).
• Prepare and post depreciation, inventory, and related journal entries.
• Support month-end, quarter-end, and year-end closing activities.
• Perform sub-ledger to GL reconciliations (inventory and fixed assets).
• Prepare reports and schedules for management reporting and finance leadership.
• Ensure compliance with IFRS, internal policies, capitalization thresholds, and DoA.
• Support internal and external audits through documentation, reconciliations, and explanations.
• Participate in physical asset verification and inventory counts; resolve discrepancies.
• Coordinate with Procurement, Projects, Operations, and Finance on asset and inventory transactions.
• Review PRs, POs, and invoices to ensure correct accounting treatment.
• Identify and drive process improvements and system enhancements.
• Support data accuracy and utilization across ERP/sub-systems.

Skills

IFRS knowledge

Inventory management

Fixed assets management

Journal entries

Education

Bachelor's degree in accounting/finance

Tools

SAP - FI

ERP systems

Excel

Job description

Saudi Entertainment Ventures | SEVEN is seeking a Senior Finance Specialist focused on inventory and fixed assets accounting. You will ensure accurate IFRS-compliant recording across Retail, F&B, and Spare Parts, manage capitalization, depreciation, and asset disposals, and support asset reporting.

The role partners with Procurement, Projects, Operations, and Finance to optimize processes, perform reconciliations, assist audits, and enhance asset data quality across ERP systems.