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Home Saudi Arabia Asset Management - ALM Manager

Asset Management - ALM Manager

Full time at PwC Middle East in Saudi Arabia
Posted on December 15, 2024

Job details

Description Established in the region for 40 years, PwC has around 8,000 people in 12 countries across the region: Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Oman, the Palestinian territories, Qatar, Saudi Arabia and the United Arab Emirates. Our regional team operates across the Middle East bringing international experience delivered within the context of the region and its culture. We can bring the collective knowledge and experience of more than 328,000 people across the entire global PwC network in advisory, assurance and tax to help you find the value you are looking for. Job Description & Summary The “Asset Management” Manager is responsible for overseeing the company’s fixed assets. This includes ensuring accurate and timely accounting, tracking, and reporting of all fixed assets. The role requires a deep understanding of accounting principles, asset management practices, and compliance with relevant regulations. Asset Management:

  • Maintain and update the fixed asset register.
  • Develop and implement asset management strategies to optimize the lifecycle of assets.
  • Oversee the classification, depreciation, and disposal of fixed assets.
  • Conduct regular physical inventories and audits of fixed assets.
Accounting & Reporting:
  • Ensure accurate and timely recording of fixed asset acquisitions, transfers, and retirements.
  • Prepare and review depreciation calculations and schedules.
  • Collaborate with the finance team to ensure proper asset capitalization and depreciation in accordance with company policies and accounting standards.
Compliance & Policies:
  • Develop and implement policies and procedures for asset management.
  • Ensure compliance with GAAP, IFRS, and other relevant accounting standards and regulations.
  • Coordinate with external auditors during audits of fixed assets.
Analysis & Planning:
  • Analyze asset-related data to support decision-making processes.
  • Assist in budgeting and forecasting related to fixed assets.
  • Provide regular and ad-hoc reports on asset status and performance.
  • Identify underperforming assets and recommend for disposal or renewal.
Systems & Processes:
  • Implement and maintain fixed asset management systems and software.
  • Identify and recommend improvements to asset management processes.
  • Train staff on asset management policies and systems.
Expected Skills:
  • Experience with fixed asset software and ERP systems.
Expected Competencies:
  • Strong knowledge of accounting principles and standards.
  • Proficiency in asset management software and Microsoft Office Suite.
  • Excellent analytical and problem-solving skills.
  • Strong organizational and time management skills.
  • Effective communication and interpersonal skills.
Required Language Skills:
  • Proficient in written and spoken English. Arabic is a plus.
Minimum Education and Specific Qualification:
  • Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
  • CPA, CMA, or equivalent certification preferred.
Minimum years experience required:
  • 10+ years of experience in fixed asset management, accounting, or a related field.
Optional Skills:
  • Accepting Feedback
  • Active Listening
  • Analytical Thinking
  • Business Process Outsourcing
  • Coaching and Feedback
  • Communication
  • Data Quality Assessment
  • Delivery Excellence
  • Embracing Change
  • Empathy
Travel Requirements: Up to 100% Available for Work Visa Sponsorship? No Government Clearance Required? No For further information, and to apply, please visit our website via the “Apply” button below. #J-18808-Ljbffr

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