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Fixed Asset & Inventory Team Lead

1.00 to 10.00 Years   Dubai, United Arab Emirates   10 Feb, 2023
IHS Towers
1 Jobs Openings
Job LocationDubai, United Arab Emirates
EducationNot Mentioned
SalaryNot Mentioned
IndustryTelecommunications
Functional AreaNot Mentioned

Job Description

  • Support change, process standardization & continuous improvement mindset across IHS
  • Solid knowledge of fixed asset and inventory best practice & trends
  • Oversee the daily activities of FA&I officers and approval of system postings
  • Oversight and approval of Fixed Asset additions, retires, adjustments, enhancements, revaluations and transfers
  • Oversight and approval of Inventory Accounting activities
  • Review and first level approval of FA&I- GL reconciliations
  • Deep understanding of the end-to-end FA&I processes
  • Support performance management and reporting against fixed asset and inventory metrics
  • Support training and education on new policies, practices and standards
  • Duties of an FA&I Officer
  • Fixed Asset and Inventory Officer Duties
  • Create new asset in D365
  • Update Fixed Asset movements in D365
  • Perform asset write-down/ revaluation in D365
  • Update Fixed Asset disposals in D365
  • Month-end processing
  • Perform Fixed Asset GL reconciliation
  • Journal postings
  • Journal approval
  • Produce month-end reports
  • Month-end depreciation calculation and processing (post)
  • Production of high quality FA&Idata to support tax, statutory, and regulatory reporting
  • Inventory accounting (i.e. SLOB, write offs, bulk diesel accruals, GIT)
  • Stock count entries in D365
  • Purchase price variance (PPV)
  • Cost of sales analysis
  • Inventory valuation
  • Product costing
  • Deep understanding of the end-to-end FA&I processes
  • Demonstrate competencies in financial accounting, analytical thinking and problem solving
  • Working knowledge of applicable IFRS and IAS (IFRS 16 and IAS 16, 36 and 37)

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