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Employers
Fixed Assets & Inventory Controller
1.00 to 10.00 Years
Al Kuwait, Kuwait
13 Jan, 2022
Career Hunters
1 Jobs Openings
Job Location
Al Kuwait, Kuwait
Education
Not Mentioned
Salary
Not Mentioned
Industry
Recruitment & Employee Placement Agency; Medical Hospital
Functional Area
Not Mentioned
Job Description
Key Responsibilities
FIXED ASSETS
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.
Conduct periodic physical counts of fixed assets.
Ensure that all fixed assets acquisitions, transfers and dispositions are appropriately accounted.
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.
Investigate the potential obsolescence of fixed assets.
Recommend to management whether fixed assets should be disposed of.
Conduct analyses related to fixed assets as requested by management.
Prepare audit schedules relating to fixed assets, and assist the auditors in their inquiries.
2.INVENTORY
Performing regular stock checks and reporting issues, if any.
Spot check physical count of inventory.
Compare and analyze actual Vs standard consumption.
Any other work assigned by H.O.D.
Keyskills :
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