Specialist- Fixed Assets

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Date: 01-Oct-2021

Location: Sharjah, AE

Company: Bee’ah Group

Role Purpose


The incumbent is responsible for gathering, maintaining reporting and reconciling fixed asset information using Bee’ah’s financial information system




  •  Develops an understanding of the Bee’ah’s capitalization policies while performing the duties of the position.
  • Receives and organizes invoices from the field and corporate that meet capitalization criteria.
  • Accurately sets-up, transfers or disposes assets using the fixed assets system.
  • Gathers supporting documentation for asset disposals and transfers from facilities.
  • Maintains clearing accounts for fixed assets on a detailed level which includes obtaining the facility, project, PO details, and vendor information from a variety of sources.
  • Assists tax department with fixed asset related requests.
  • Distributes asset tags to facilities.
  • Communicates with facilities to obtain required documentation.
  • Maintains proper fixed asset documentation for research and reference.
  • Prepares basic reports for monthly, quarterly and annual review and distribution.
  • Assists with quarterly and annual audit requests of fixed asset supporting documentation.
  • Managing the creation of capital Internal Orders within SAP to allow the creation of capital PO’s against approved capital budgets.
  • Performing ongoing maintenance of Fixed Asset master data per local market/Regional requests
  • Supporting the transfer of AUC balances to the Fixed Assets sub-ledger through close co-ordination with local and plant finance colleagues
  • Assisting with the booking and analysis of capital accruals to reflect timely and accurate accounting of all Fixed Asset balances
  • Prepare monthly Fixed Asset Inspections and reconciliation schedule.
  • Prepare, plan, conduct and review on-going Fixed Asset Inspections and reconciliations
  • Document and track all new fixed asset purchases and its utilization
  • Compile, review and report monthly capital spending and status of major capital projects to upper management and internal audit.
  • Manage the annual capital budget process by supplying the operations team with budget templates, summaries of proposed spend and depreciation and amortization budgets.
  • Provide relevant adhoc analytic and advisory support on various projects in a timely


Experience and Qualification


  • Accountancy post-qualification experience (e.g., ACCA, ACA) --- 10 years of experience
  • Post qualification experience in fixed asset management and inventory accounting


Knowledge and Skills


  • Advance analytical skills and expert Excel spreadsheets
  • Ability to manage multiple priorities and meet project deadlines as required
  • Ability to produce reports in a clear and concise manner.
  • Must be proficient in Microsoft Office including Microsoft Excel.