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Contract TypeFull-time
Workplace typeOn-site
LocationRiyadh

Job Description

About the Role

Grivot, a company specializing in human resources services and consulting, is seeking a Head of Assets Department for one of its leading clients in Riyadh, Saudi Arabia. This full-time role requires a dedicated professional to lead fixed asset accounting operations, manage records and depreciations, and oversee inventory and asset control across various branches and locations.

Responsibilities

  • Manage the fixed asset register and update data for additions, transfers, and disposals.
  • Calculate depreciations and review the useful lives and residual values of assets.
  • Prepare periodic inventory plans and supervise asset tagging, verifying their locations and custodianship.
  • Analyze and resolve inventory discrepancies, and reconcile the asset register with the general ledger.
  • Monitor projects under construction and capitalize costs when assets are ready for use.
  • Prepare asset reports, depreciation reports, and idle asset reports, and support audit activities.
  • Develop asset control procedures and lead the department team.

Qualifications and Requirements

  • Bachelor's degree in Accounting, Finance, or a related field.
  • A minimum of 7 years of practical experience in fixed assets, depreciation, and inventory management.
  • Experience in supervising a team and coordinating inventory activities across multiple locations.
  • Knowledge of accounting standards related to fixed assets, capitalization, and depreciation.
  • Proficiency in using ERP financial systems and Excel.
  • Strong analytical, organizational, and reporting skills, with attention to detail in discrepancy resolution.
  • Experience in the food, retail, manufacturing, or multi-branch sectors is preferred.
  • Proficiency in English is preferred.

Experience and Work Type

This role requires 5-10 years of relevant experience and is offered on a full-time basis. The salary for this position will be discussed during the interview process.


Requirements

  • Requires 5-10 Years experience

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