Fixed Asset Manager

Job description / Role

Location: Saudi Arabia

Our client is a world-renowned sector leader with a strong presence in Saudi Arabia.
They are seeking a highly skilled Fixed Asset Manager to their Accounting team and manage our fixed assets effectively.

Job Description:

Position Overview: The Fixed Asset Manager will be responsible for overseeing the entire lifecycle of fixed assets within the organization. This role will involve strategic planning, asset acquisition, depreciation tracking, asset disposal, and ensuring compliance with relevant regulations and accounting standards.

Responsibilities:

Asset Management:
- Develop and implement strategies for the effective management of fixed assets.
- Maintain accurate records of all fixed assets, including acquisitions, disposals, and depreciation.
- Conduct regular audits to verify the existence and condition of fixed assets.

Asset Acquisition:
- Collaborate with various departments to identify the need for new assets and ensure alignment with organizational goals.
- Evaluate potential asset acquisitions, including cost-benefit analysis and risk assessment.
- Coordinate the procurement process for new assets, including negotiation with suppliers and vendors.

Depreciation and Valuation:
- Calculate depreciation expenses and maintain depreciation schedules in accordance with accounting standards.
- Monitor changes in asset values and assess impairment when necessary.
- Work closely with finance and accounting teams to ensure accurate financial reporting.

Asset Disposal:
- Develop procedures for the disposal of obsolete or surplus assets.
- Coordinate asset disposal activities, including valuation, sale, or scrapping, while adhering to legal and regulatory requirements.
- Maximize the value of assets through strategic disposal initiatives.

Compliance and Reporting:
- Stay abreast of relevant regulations, accounting standards, and industry best practices related to fixed asset management.
- Ensure compliance with internal policies and external regulations governing fixed assets.
- Prepare reports and presentations on fixed asset performance, status, and trends for management review.

Requirements

Qualifications:
- Bachelor's degree in Accounting, Finance, Business Administration, or a related field. Advanced degree or professional certification (e.g., CPA, CMA) preferred.
- Proven experience in fixed asset management, preferably in a multinational or large-scale organization.
- Strong understanding of accounting principles and regulations related to fixed assets.
- Excellent analytical and problem-solving skills, with the ability to interpret complex financial data.
- Proficiency in relevant software applications, such as ERP systems and asset management software.
- Exceptional communication and interpersonal skills, with the ability to collaborate effectively across departments and levels of the organization.
- Detail-oriented with a high level of accuracy in record-keeping and reporting.
- Ability to work effectively under pressure and meet tight deadlines.
- Knowledge of Saudi Arabian regulatory requirements and business practices is desirable.

About the Company

We lead in the creation and delivery of innovative workforce solutions and services that enable our clients to win in the changing world of work.

ManpowerGroup powers the success of many of the world's most dynamic organizations. We deliver innovative workforce solutions that enhance competitiveness, increase efficiency and spur productivity. Combining global reach with local expertise - 3600 offices in over 80 countries - we know the changing world of work and bring a deep understanding of the companies we work for and the industries we service.

ManpowerGroup entered the Middle East in December 2007 after acquiring local company Clarendon Parker, thus bringing 15 years in-depth local knowledge combined with a global footprint and industry shaping expertise and thought leadership. Manpower Middle East supports clients in the Middle East and North Africa regions. Our business is aligned to key skill specializations to ensure our clients requirements are met by expert and knowledgeable consultants that understand your industry and role requirement.

Our consultants are experts in finding the right talent across all industries in a broad-range of occupations including:

• IT & Telecommunications
• Engineering & Construction, Oil & Gas
• Banking, Finance & Legal
• Sales & Business Development
• Marketing, Public Relations & Communications
• Human Resources & Training
• Customer & Support Services (Secretarial and Administrative)
• Operational, Supply Chain & Logistics
• Executive Recruitment
• Emiratization Solutions
• Recruitment Program Outsourcing Solutions
• Managed Service Provider Solutions
• Talent Based Outsourcing Solutions
• Outsourced Staffing Solutions