MANAGER - FIXED ASSETS
Posted on :
07-10-2022
Employer Active
1 Vacancy
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Jobs by Experience
10 - 11 years
Monthly Salary
KWD 1 - 100
Nationality
Any Nationality
Gender
N/A
Vacancy
1 Vacancy
Posted on :
07-10-2022
Job Description
Req ID : 1622325
- Create and monitor a system of controls, procedures, and forms for the recordation of fixed assets.
- Recommend to management any updates to accounting policies related to fixed assets.
- Assign tag numbers to fixed assets.
- Record fixed asset acquisitions and dispositions in the accounting system.
- Track the compilation of project costs into fixed asset accounts, and close out those accounts once the related projects have been completed.
- Reconcile the balance in the fixed asset subsidiary ledger to the summary-level account in the general ledger.
- Calculate depreciation for all fixed assets.
- Review and update the detailed schedule of fixed assets and accumulated depreciation.
- Calculate asset retirement obligations for those fixed assets to which AROs are applicable.
- Investigate the potential obsolescence of fixed assets.
Employment Type
Full Time
Department / Functional Area
Key Skills
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