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Fixed Assets Accountant / Finance Consultant (Staff Augmentation)
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Fixed Assets Accountant / Finance Consultant
Job summary
A financial consulting firm in Riyadh seeks a Fixed Assets Accountant to support the Finance team with fixed assets activities. This role entails recording transactions, handling reconciliations, and ensuring compliance with accounting standards. Candidates should possess a degree in Accounting or Finance and have experience in fixed assets accounting. Effective coordination, communication skills, and proficiency with ERP systems and Excel are essential. Apply to strengthen fixed assets management during key operations.
Qualifications
- Proven experience in accounting and finance activities, with strong exposure to fixed assets accounting.
- Hands-on experience in recording accounting transactions, asset reconciliation, and FAR management.
- Good understanding of accounting principles related to capitalization, depreciation, and asset disposal.
- Experience supporting audit requirements is highly preferred.
- Professional certifications (e.g., SOCPA, CPA, ACCA) are an advantage but not mandatory.
Responsibilities
- Record fixed asset additions, transfers, and disposals in the Fixed Asset Register (FAR).
- Perform and support fixed asset reconciliations.
- Assist in month-end and year-end closing activities related to fixed assets.
- Prepare and maintain documentation for audits related to fixed assets.
- Coordinate with stakeholders to resolve discrepancies and ensure data accuracy.
Skills
Education
Job Title: Fixed Assets Accountant / Finance Consultant (Staff Augmentation)
Job Code: (To be completed by HR)
Job Grade: (To be completed by HR)
Direct Reporting Relationships: Senior Management – Supervises (Job Title): ______
Department – Section: n/a
Number of vacancies: 1
Location: Riyadh, Kingdom of Saudi Arabia
Role Purpose: The role is to support the Finance team with fixed assets accounting activities, ensuring accurate recording, reconciliation, capitalization, and audit support in line with company policies and applicable accounting standards. This position is part of a staff augmentation initiative to strengthen fixed assets management during ongoing operations and post-merger integration activities.
- Record fixed asset additions, transfers, and disposals in the Fixed Asset Register (FAR) and ensure reconciliation with the General Ledger.
- Perform and support fixed asset reconciliations between FAR, physical site assets, and system records.
- Support Construction Work in Progress (CWIP) capitalization activities, including related reconciliations.
- Assist in month‑end and year‑end closing activities related to fixed assets.
- Prepare and maintain documentation to support internal and external audits related to fixed assets.
- Coordinate with internal stakeholders to resolve discrepancies and ensure data accuracy.
- Support additional fixed asset–related activities arising from post‑merger integration or operational requirements.
- Bachelor’s degree in Accounting, Finance, or a related field.
- Proven experience in accounting and finance activities, with strong exposure to fixed assets accounting.
- Hands‑on experience in recording accounting transactions, asset reconciliation, and FAR management.
- Good understanding of accounting principles related to capitalization, depreciation, and asset disposal.
- Experience supporting audit requirements is highly preferred.
- Professional certifications (e.g., SOCPA, CPA, ACCA) are an advantage but not mandatory.
- Strong attention to detail and analytical skills.
- Ability to manage reconciliations and large data sets.
- Good communication and coordination skills.
- Ability to work in a fast‑paced, structured finance environment.
- Proficiency in ERP systems and MS Excel.
- ...
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.