Fixed Asset Administration Professional

2 days ago

Karachi, Sindh, Pakistan beBeeAsset Full time 900,000 - 1,200,000
Fixed Asset Management Specialist

The role of Fixed Asset Management Specialist is crucial for the administration of fixed assets, formulation of accounting policies, analysis of capital expenditure, and reporting.

Functional team lead experience of at least 4 years is mandatory to fulfill these responsibilities.

  • Ensure compliance with fixed asset policies, procedures, and regulations by monitoring maintenance and verification of fixed asset records accurately on a timely basis.
  • Review depreciation methodologies and rates are reviewed and reported to higher management at regular intervals, ensuring they comply with applicable regulations and standards.
  • Provide key documents for audit purposes to internal auditors, external auditors, government auditors, and other regulatory authorities as required.
  • Observe and review inventory records including stock position, value, and aging records as per accounting standards.
  • Supervise un-posted, mass additions documents (receiving invoice and GL accounting) and reconciliation for timely capitalization of assets.
  • Approve inspection of assets to be retired and review Asset Retirement Advices (ARA).
  • Monitor and reevaluate inventory records including stock position, value, aging records as per accounting standards.
  • Coordinate with Information Technology (IT) to ensure proper functioning of ERP system and accounting modules.
  • Support senior management in monitoring inventory according to company guidelines.
  • Prepare reports and monitor stores activity on a daily basis regarding receiving, issuing, transfer and return of stocks.
  • Investigate errors and discrepancies in coordination with IT department.
  • Ensure proofreading of financial statements before publication.
  • Undertake any other tasks as assigned by the supervisor.

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