Fixed Assets Manager

3 weeks ago

Riyadh, Saudi Arabia PepsiCo Full time

**Overview**

**PepsiCo's strength is its people. Winning together is all about respect for one another's unusual traits, backgrounds, perspectives and experiences. Our teams reflect the diversity of our customers and our communities, breaking down barriers and winning awards.**

**Around the world, we're working hard to give people the tastes they crave and the nutrition they need. We dream globally and act locally, constantly innovating to sustain our planet, our people, our communities and our business practices. As a global food and beverage company with brands that stand for quality and are respected household names such as Quaker Oats, Tropicana, Gatorade, Lay's and Pepsi-Cola, we are committed to Performance with Purpose; pushing to be best and fully committed to the people we share the planet with.**

**Are you ready to explore PepsiCo and be part of this iconic multinational? Seize the day for real life on the job Learning? Enjoy some flexibility that will ensure you are balancing your personal and professional life?**

**Our employees are at the heart of PepsiCo. Through the Company's dedication to Talent Sustainability, we continue to support the development of employees. A possibility, our employment brand, reinforces our dedication to our people; enabling them to reach new heights in their careers and becoming truly world-class talents. PepsiCo is universally recognized as one of the best companies in the world for leadership development.**

**To safeguard the process of monitoring the accuracy of the financials for the company PP&E and make sure the related controls are in place.**

**Support the maintenance of the Fixed Assets function in SAP to provide management with accurate and timely information.**

**Facilitate assessment and performance reviews, to identify key issues in Fixed**

**Assets and set corrective action plans. In addition, assist the Financial Controller to provide effective accounting support of business issues and initiatives.**

**Responsibilities**
- Carry out the day-to-day work that includes assurance of proper documentation flow and proper accounting treatments are in place (New Additions, Assets Transfer, Disposals, and Write Off. etc).
- Project wise Capital spending analysis and CWIP aging analysis with operations.
- Preparation of Asset schedules for the company and consolidated.
- Monthly detailed asset wise depreciation analysis and report variances.
- Carry out the closing procedures by the month end within the closing timetable.
- Update phasing timeline for Capex spent working with project department.
- Prepare the monthly Capex tracking report with budgets and commitments.
- Preparation for Balance sheet review slides monthly to management.
- Proper maintenance and update of Fixed Assets register in SAP.
- To ensure proper procedure for assets transfer intercompany & intra company.
- Ensuring procedure for assets physical count of fixed assets at all locations as per policy and carry put the compliance field visits as per what stipulated in the compliance of policy.
- Communicate and cooperate with the internal audit department and the external auditors to assess the control environment

**Qualifications**
- University degree with part qualified (CA, ACMA and CPA)
- Solid understanding of the Local Laws and Regulations, International Accounting
- Standards as well as company policies and procedures
- Work in a team environment, assisting wherever necessary to complete the tasks assigned
- Manage his time effectively to meet deadlines in accordance with company policy
- Building cross functional working relations, communicate effectively with all levels within the company

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