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Fixed Assets Accounting

Rowad Modern Engineering
New Cairo, Cairo
Rowad Modern Engineering logo

Fixed Assets Accounting

New Cairo, CairoPosted 17 hours ago
18Applicants for2 open positions
  • 6Viewed
  • 0In Consideration
  • 0Not Selected

Job Details

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Job Description

  • Maintain and update the fixed assets register, ensuring all acquisitions, disposals, and transfers are accurately recorded.
  • Perform periodic physical verification of fixed assets and reconcile discrepancies with accounting records.
  • Prepare and process monthly depreciation schedules in accordance with applicable accounting standards.
  • Coordinate with project and site teams to track asset movements and ensure proper tagging and documentation.
  • Assist in the preparation of financial statements by providing detailed fixed asset reports and supporting schedules.
  • Ensure compliance with internal controls, company policies, and external audit requirements related to fixed assets.
  • Support annual audits by providing necessary documentation and explanations regarding fixed asset transactions.
  • Analyze asset utilization and recommend improvements for asset management and cost optimization.
  • Collaborate with procurement and finance teams to validate asset capitalization and classification.
  • Assist in the implementation and enhancement of fixed asset management systems and processes.

Job Requirements

● Bachelor’s degree in Accounting, Finance, or a related field.

● 3 to 5 years of experience in fixed assets accounting or a similar accounting role.

● Strong understanding of accounting principles and fixed asset management practices.

● Proficiency in accounting software and Microsoft Excel.

● Excellent attention to detail and organizational skills.

● Ability to work independently and as part of a team in a fast-paced environment.

● Strong analytical and problem-solving abilities.

● Effective communication skills for cross-functional collaboration.

● Experience in the construction or contracting industry is an advantage.

● Familiarity with ERP systems is preferred.

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