G/L Fixed Assets Accountant Abu Dhabi UAE

Position: G/L Fixed Assets Accountant

Date posted: 2023-09-13

Industry: Other

Employment type: Full Time

Experience: 3 to 5 year

Qualification: Bachelor’s Degree is required

Salary: AED 25000

Location: Abu Dhabi, United Arab Emirates

Company: ALCHEMY

Description:

ALCHEMY is Hiring

G/L Fixed Assets Accountant – Emirati Nationals only

• Location: Abu Dhabi
• Salary: AED 25,000
• Candidates with a Bachelors degree in Accounting with more than 5 years of experience. To manage, monitor and perform professional level of accounting and reporting activities related to GL and Fixed Assets, and maintains financial reporting and accounting of all fixed assets and periodic physical inventories to ensure smooth finance operations.
• Maintains the fixed asset system by supervising the recording of all items in the system, keeps pertinent records and ensures adequate treatment of fixed asset acquisitions and retirements.
• Reviews the provisional Handing over Certificate (in case of Buildings) for completeness, accuracy and authorization. Also, matches the Purchase Order with the Delivery Note and Vendor’s Invoice, where applicable.
• Conducts physical verification of fixed asset and accordingly reconciles assets physically verified with the books of accounts.
• Prepares requests for creation of new general ledger account code and new vendor or customer account; and makes amendments /deletions of accounts when required.
• Records assets in fixed assets system and general ledger a/c and posts all depreciation to general ledger a/c on a monthly basis. Records capital works in progress in the fixed asset module.
• Prepares monthly Depreciation Schedule and Fixed Assets Movement, accurately and within timelines.
• Performs cost analysis and tracking of projects and works with field offices on placing assets in-service.
• Review handling over certificates for new assets and prepare cost calculation for recording investment property at cost as per accounting policy