Job Summary

The Position is responsible for recording fixed assets entries and reconciling assigned accounts in a timely and accurate manner and in accordance with company policies. The position is responsible for accurate maintenance of the fixed asset system, processing and booking journal entries for asset additions, retirements and transfers, depreciation analysis, asset retirement obligation analysis, and new branches/entities setup.

Job Duties :

• Monitor daily internal usages to transform them into fixed assets or operational expenditures and update the ERP system accordingly.
• Monitor daily returns from sites to re-enter them into inventory with their remaining cost and update the system accordingly.
• Retire or adjust assets based on the new, similar assets that are being added.
• Ensure transactions are recorded, reviewed, presented and supported in accordance with company policies, generally accepted accounting principles and financial controls.
• Responsible for accuracy and timeliness of transactions in the general ledger accounts
• Identify and code capital invoices for payment processing.
• Process and book journal entries for asset additions, retirements and transfers within the fixed asset sub ledger in a timely manner.
• Calculate and journalize depreciation accruals.
• Complete monthly account reconciliations.
• Perform fixed asset closing procedures.

Education:

• BA in Accounting or any related field.

Years of Experience :

• 2+ Years related experience in accounting field.

Competencies:

Core Competencies:

• Quality of Result
• Creativity
• Agility

Managerial Competencies:

• N/A

Job Related Competencies:

• Problem Solving and system thinking.
• Financial Accounting Skills
• Numerical Literacy
• Accuracy and Attention to Details
• Time Management & Meeting Deadlines Knowledge
• Good Command of English and Arabic- Written and Spoken.
• Good computer skills and experience using spreadsheet, ERP system and other software tools, such as Microsoft Word, Excel, PowerPoint, and Outlook.
• Understanding in all Business Operations.
• Financial Statements and Processes.
• Company policies and procedures.
• Financial Regulations and Legislation.
• Experience in, or knowledge of, accounting and accounting principles.
• Demonstrate strong follow up abilities to ensure all data is timely entered into the system.
• Numerical Abilities and skill in identifying numerical discrepancies.

General KPIs

• % completion of fixed assets recording
• % completion of Data entry on the system
• % of Errors
• Meeting deadlines for tasks
• Accuracy in classification of items