Fixed Asset Accountant

About Makkah Medical Center Hospital

Makkah Medical Center Hospital, a part of Dallah Health, is dedicated to providing high-quality healthcare services. The hospital is located in Makkah and operates as a full-time medical facility.

The Role of Fixed Asset Accountant

We are seeking a Fixed Asset Accountant to join our Finance team in Makkah. This role is crucial for managing and safeguarding the hospital's asset base, ensuring accurate financial records and compliance with relevant regulations. The position requires a detail-oriented professional with 2-5 years of experience in fixed asset accounting.

Key Responsibilities

• Maintain an accurate and up-to-date fixed asset register (FAR) for all hospital assets, including medical equipment, buildings, IT, and furniture.
• Record asset additions, transfers, disposals, and write-offs in the ERP system.
• Calculate and post monthly depreciation and reconcile the FAR with the general ledger.
• Monitor Capital Work in Progress (CWIP) and capitalize projects upon completion.
• Coordinate periodic physical asset counts and asset tagging with relevant departments.
• Perform asset impairment reviews in line with IFRS as adopted by SOCPA.
• Prepare fixed asset schedules and support month-end and year-end closing.
• Support internal and external audits by providing required documentation.
• Ensure compliance with company policies, internal controls, and ZATCA requirements.

Qualifications and Experience

• A minimum of 2 to 5 years of experience in a fixed asset accounting role.
• Demonstrated ability to maintain accurate financial records and registers.
• Experience with ERP systems for asset management.
• Knowledge of IFRS as adopted by SOCPA and ZATCA requirements.

Work Environment

This is a full-time position based at Makkah Medical Center Hospital in Makkah. The role involves working within the Finance team and collaborating with various hospital departments to ensure effective asset management.

Application Process

Qualified candidates are invited to apply for this position. Salary details will be discussed during the interview process.