Head of Fixed Assets
3 days ago
Responsible for ensuring that all fixed assets accounting processes including Fixed Asset Register analysis, reconciliations and controls are in compliance with established policies and generally accepted accounting principles.
**Essential Responsibilities and Duties**:
1. Directs and manage the Department mandates andfacilitate work processes in order to achieve performance standards.
2. Ensures compliance with internal controls, policies andprocedures and quality standards in the Fixed Asset Accounting section.
3. Reviews and update department’s policy and proceduremanual on periodic basis.
4. Collaborates with Director of Accounting Opreations todiscuss the weekly/monthly progress reports, seek guidance on resolvingchallenges etc.
5. Ensures full collaboration with Internal and externalcustomers (employees, vendors and patients) and provide rela time assistance tomaintain high quality of services at Fixed Assets Depatment.
6. Liaises with Internal and external auditors (such as,General Court of Audit) regarding accounting issues and respond to theircomments and queries and requirements in a timely manner.
7. Supervises all activities related to “Fixed AssetManagement” encompassing the Assets Life Cycle through addition, disposals andtransferring thereof in the fixed asset module.
8. Oversees the processes related fixed asset accounting toensure accurate, complete and timely processing.
9. Ensures accurate and timely capitalization of fixedassets and availability of all related details.
10. Reviews the life of the asset, residual value andclassification & categorization of the asset.
**Education**:
Master’s or Bachelor’s Degree in Accounting, Finance, or others related discipline is required.
**Experience Required**:
Nine (9) years of related experience including four (4) years in a senior/ supervisory capacity with Master’s, or elven (11) years with Bachelor’s Degree is required.
**Other Requirements(Certificates)**:
Saudi national only.
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