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Fixed Asset Accountant

30+ days ago 2025/08/03
Saudi nationals
Full time · Mid career · 3-5 Years of experience
100-499 Employees · Other Business Support Services

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Job description

The Fixed Asset Accountant plays a crucial role in managing and overseeing the company's fixed assets. This position involves ensuring accurate accounting and reporting of fixed assets, which are essential for the financial health of the organization. The Fixed Asset Accountant will be responsible for maintaining the integrity of asset records, ensuring compliance with accounting standards, and providing insightful reports to management. This role requires a detail-oriented individual with a strong understanding of accounting principles and practices related to fixed assets.

Responsibilities:

  1. Maintain and update fixed asset records, ensuring accuracy and compliance with accounting standards.
  2. Prepare and process journal entries related to fixed asset acquisitions, disposals, and depreciation.
  3. Conduct regular audits of fixed assets to verify existence and condition.
  4. Assist in the preparation of financial statements and reports related to fixed assets.
  5. Collaborate with other departments to ensure proper asset management and reporting.
  6. Implement and maintain fixed asset accounting policies and procedures.
  7. Provide training and support to staff regarding fixed asset accounting practices.
  8. Analyze fixed asset data to identify trends and provide recommendations for improvements.
  9. Coordinate with external auditors during the annual audit process.
  10. Stay updated on changes in accounting regulations and standards related to fixed assets.

Skills

  • Proficiency in fixed asset management software.
  • Strong understanding of GAAP and IFRS related to fixed assets.
  • Proficient in accounting software and Microsoft Excel.
  • Attention to detail and accuracy in financial reporting.
  • Strong organizational and time management skills.
  • Ability to communicate complex financial information clearly.
  • Experience with financial audits and compliance.
  • Strong analytical and problem-solving skills.
  • Excellent attention to detail and organizational skills.
  • Ability to work independently and as part of a team.
  • Strong communication skills, both written and verbal.
  • Knowledge of local tax regulations related to fixed assets.
  • Professional certification (e.g., CPA, CMA) is a plus.
  • Ability to adapt to changing environments and priorities.

Preferred candidate

Years of experience
Min: 3 Max: 5
Residence location
Jeddah , Saudi Arabia
Nationality
Saudi Arabia
Degree
Bachelor's degree / higher diploma
Career level
Mid career
Major
Accounting, Finance, or a related field.
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IHCC is a turnkey solution provider that is specialized in healthcare, education, and mixed-use projects. Our company was founded with one guiding purpose in mind: to relieve the suffering and improve the life of mankind in the Middle East & North Africa region and beyond. Our purpose is to Design & Build superior quality and affordable turnkey projects that touch the lives of people and communities. As a turnkey solution provider, we have a long history and extensive experience in designing and building healthcare, educational, and mixed-use projects. Our main focus is to offer turnkey healthcare, educational and mixed use projects, from conception to completion, including everything from comprehensive feasibility studies, conceptualization, architectural and engineering design to state of the art construction, financing, procurement, equipping and furnishing, and operational services. Our Values are: - Teamwork : We energetically help each other to reach a target. - Reliability : We deliver what we promise and we are reliable in our commitments. - Creativity : We are innovative and passionate in achieving our purpose. - Communication : We are transparent in our process and we treat people with respect.

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