Principal Accountabilities:
1.Create and monitor a system of controls, procedures, and forms for the recordation of fixed assets.
2.Recommend to management any updates to accounting policies related to fixed assets.
3.Assign tag numbers to fixed assets.
4.Record fixed asset acquisitions and dispositions in the accounting system.
5.Track the compilation of project costs into fixed asset accounts, and close out those accounts once the related projects have been completed.
6.Reconcile the balance in the fixed asset subsidiary ledger to the summary-level account in the general ledger.
7.Calculate depreciation for all fixed assets.
8.Review and update the detailed schedule of fixed assets and accumulated depreciation.
9.Calculate asset retirement obligations for those fixed assets to which are applicable.
10.Investigate the potential obsolescence of fixed assets.
11.Conduct periodic impairment reviews for intangible assets.
12.Conduct periodic physical inventory counts of fixed assets.
13.Recommend to management whether fixed assets should be disposed of.
14.Conduct analyses related to fixed assets as requested by management.
15.Prepare audit schedules relating to fixed assets, and assist the auditors in their inquiries.
16.Track company expenditures for fixed assets in comparison to the capital budget and management authorizations.
Job Details
| Date Posted: | 2013-02-15 |
| Job Location: | Khobar, Saudi Arabia |
| Job Role: | Accounting/Banking/Finance |
| Company Industry: | Oil/Gas |
Preferred Candidate
| Career Level: | Student/Internship |
| Gender: | Male |
| Nationality: | Saudi Arabia |
| Degree: | Bachelor's degree / higher diploma |
Apply Now - Jobs in Saudi Arabia - Search All Jobs
No comments:
Post a Comment