Fixed Asset Accountant

Mission and Key Tasks

Fixed Asset Management:

• Maintain detailed and accurate records of all fixed assets, including acquisition, depreciation, disposal, and transfers.
• Perform regular fixed asset reconciliations, including tracking acquisitions, disposals, transfers, and depreciation.
• Ensure compliance with relevant tax, accounting, and regulatory standards related to fixed assets, including but not limited to IFRS and local GAAP.
• Coordinate with departments to ensure timely and accurate capital expenditure reporting.
• Monitor and update asset life cycles, including depreciation schedules, asset categorization, and asset impairments.
• Provide fixed asset-related support to management and other departments as required.

Accounting Support:

• Support month-end and year-end close processes
• Research and analyze account balances to resolve discrepancies or discrepancies.
• Investigate and resolve account-related inquiries.
• Collaborate with the manufacturing team to track assets related to production equipment, machinery, and other plant assets.
• Recommend process improvements to enhance efficiency and accuracy in fixed asset accounting procedures.

Other Duties as Assigned:

• Assist with general accounting tasks, such as journal entries, account analysis, and financial reporting.

• Support other accounting staff as needed.

Background and Experience

Requirements:

• Bachelor’s degree in Accounting, Finance, or a related field.
• Minimum of 3-5 years of experience in fixed asset accounting, preferably in a manufacturing environment.
• Strong working knowledge of SAP and its fixed asset module.
• In-depth understanding of accounting principles, financial reporting, and fixed asset management.
• Strong attention to detail and accuracy.
• Excellent organizational and time-management skills.
• Ability to work independently and in a team environment. High degree of professionalism, judgment, maturity, and resourcefulness in the absence of formalized guidelines and procedure.
• Strong communication skills, with the ability to collaborate effectively across departments.

Preferred Qualifications:

• Experience with IFRS or local GAAP regulations for fixed assets.
• Certification in Accounting (e.g., CPA, CMA) is a plus.
• Familiarity with manufacturing cost accounting processes.