Fixed Assets Accounting Associate

We are looking for an experienced Fixed Assets Accounting professional for serving a leading global technology company. The role involves end-to-end management of the fixed assets ledger and related accounting processes within an Oracle ERP environment.

Key Responsibilities

• Capitalization of assets - review and processing of asset addition requests in line with company policy and GAAP guidelines
• Depreciation run management - monthly depreciation processing, review, and reconciliation
• Asset retirement and disposal - processing retirements, disposals, and transfers with appropriate journal entries and gain/loss computation
• Asset reconciliation - periodic reconciliation of the fixed assets sub-ledger to the general ledger
• Physical verification support - coordination and accounting support for periodic physical verification exercises
• CIP (Capital Work in Progress) management - monitoring CIP balances and timely capitalization upon project completion
• Reporting - preparation of fixed assets schedules and disclosures for month-end and year-end close
• Audit support - providing schedules, reconciliations, and supporting documentation for statutory and internal audits

Required Skills and Experience

• 5-6 years of experience in fixed assets accounting, preferably in a multinational or GCC environment
• Hands-on experience with Oracle ERP (Fixed Assets module) - mandatory
• Strong understanding of depreciation methodologies and asset lifecycle accounting
• Familiarity with US GAAP / IFRS fixed asset accounting standards is an advantage
• Proficiency in MS Excel
• Good communication skills for cross-functional and global team coordination