Fixed Assets Manager

13 hours ago

Karachi, Sindh, Pakistan beBee Careers Full time

We are seeking a skilled Fixed Asset Accountant to join our team. This is a remote position that requires occasional travel to client premises for on-site support, project meetings, or training sessions.

Key Responsibilities:

  • Maintain and update the fixed asset register in the ERP system to ensure accuracy and completeness.
  • Record asset acquisitions, capitalizations, transfers, and disposals in compliance with accounting standards.
  • Calculate and post monthly depreciation, ensuring alignment with corporate policies and useful life schedules.
  • Monitor and track capital work in progress (CWIP), and ensure timely capitalization upon project completion.
  • Reconcile fixed asset sub-ledgers with the general ledger regularly.
  • Support asset tagging and barcoding initiatives, if applicable.
  • Coordinate and support physical verification of fixed assets in collaboration with internal teams and external auditors.
  • Ensure proper classification of assets based on nature, usage, and cost center.
  • Monitor and enforce internal controls related to asset movements and safeguarding.
  • Process asset retirements, disposals, and prepare related accounting entries (e.g., gain/loss on sale).
  • Assist in the preparation of fixed asset schedules and reporting for audit and statutory purposes.
  • Track and report on insurance coverage, asset impairments, and revaluations, if applicable.
  • Provide capital expenditure (CapEx) reports and assist in budget vs actual analysis.
  • Collaborate with procurement and project teams for asset procurement and lifecycle management.
  • Participate in month-end and year-end closing activities and reporting.
  • Contribute to the automation and improvement of fixed asset processes and internal reporting.
Technical Skills
  • Proficient in ERP systems: Oracle / SAP / Microsoft Dynamics / QuickBooks.
  • Strong Microsoft Excel skills (formulas, pivot tables, reconciliations).
  • Working knowledge of depreciation methods, accounting for leases, and asset impairments.
  • Familiar with fixed asset audits, physical verifications, and statutory reporting requirements.
Qualifications
  • Bachelor's degree in Commerce, Finance, or Accounting.
  • ACCA / CA finalist or equivalent professional accounting certification (preferred).
  • Minimum 3 years of relevant experience in fixed asset accounting and reporting.
  • Experience working in multi-entity, project-based, or construction/engineering environments is a plus.
Professional Attributes
  • Excellent attention to detail and strong analytical skills.
  • Ability to work independently and meet tight deadlines.
  • High level of integrity and responsibility in managing company assets.
  • Strong communication and coordination skills with cross-functional teams.
  • Adaptable to remote work and comfortable with occasional travel to client premises.

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