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Fixed Asset Accountant

Barns
Jeddah, KSA
Full-time
Entry
Onsite
Discovered 2 weeks ago
general accountingfixed asset accountinglease accountingintangible asset accountingD365 Fixed AssetsD365 Asset Leasing
Free

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general accountingfixed asset accountinglease accounting
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Job Purpose

Execute and monitor daily general ledger accounting operations with a specialized focus on fixed assets, lease accounting, and intangible assets.

Ensure financial data is recorded accurately in accordance with IFRS and approved policies.

General Accounting

  • Record journal entries for financial transactions and verify supporting documents and accounting standards.
  • Perform bank reconciliations, reconcile month-end account balances, review classifications, and maintain transaction records.

Lease Accounting

  • Set up lease contracts in D365 Asset Leasing and calculate present values, right-of-use assets, and lease liabilities.
  • Process lease payments, manage monthly depreciation and finance cost runs, and track expiring contracts and renewal accruals.
  • Coordinate lease data with the Commercial Expansion team.

Fixed Assets and Intangibles

  • Manage D365 Fixed Assets lifecycle activities, including capitalization, construction work in progress monitoring, and transfers to active assets.
  • Maintain depreciation and amortization schedules, perform impairment reviews, and capitalize and amortize qualified intangible expenditures.

Closing and Reporting

  • Post month-end asset journal entries, run depreciation and amortization batches, and prepare roll-forward schedules.
  • Support monthly and annual closing, contribute to financial statement preparation, follow up on facility payments, and provide audit data.

Qualifications and Experience

  • Bachelor's degree in Accounting, Finance, or an equivalent field.
  • Two to four years of experience in general accounting, with fixed asset or lease accounting exposure preferred.
  • Hands-on D365 Fixed Assets and/or Asset Leasing experience is required.
  • Working knowledge of IFRS 16, IAS 16, and IAS 38 is required.
  • SOCPA or CMA certification is preferred.

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