Fixed Assets Accountant

· Maintain and update the Fixed Assets Register (FAR) in SAP, ensuring accuracy and completeness of asset records.

· Record acquisitions, transfers, disposals, and write-offs of assets in compliance with company policy and accounting standards.

· Process and review depreciation and ensure correct postings as per IFRS requirements.

· Support the implementation and compliance of IFRS 16 (Leases), including recognition, measurement, and disclosure of right-of-use assets.

· Perform impairment testing and evaluation of assets in accordance with IAS 36, documenting assumptions and conclusions.

· Prepare schedules and reconciliations for internal/external audits, ensuring accuracy of asset-related balances.

· Coordinate with departments (procurement, projects, operations) to verify physical existence and location of assets.

· Assist in conducting physical verification of assets and resolving discrepancies.

· Ensure timely capitalization of projects under progress (CWIP) into fixed assets.

· Generate periodic reports (e.g., additions, disposals, impairment, asset aging) for management review.

· Support tax teams with withholding tax and capital allowance schedules where applicable.

· Ensure compliance with IFRS, Companies Act, and local regulations.

· Provide process improvement inputs to enhance SAP Fixed Assets Module utilization.

Any other responsibilities provided by the company

Job Type: Full-time

Pay: Rs70,000.00 - Rs85,000.00 per month

Work Location: In person