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Asset Manager: Fixed Assets, Leases, and Inventory Specialist

2 weeks ago

Manama, Manama, Bahrain beBee Careers Full time
Fixed Assets, Leases and Inventory Management Professional

This role oversees the management of fixed assets, inventory, and leases, ensuring accurate tracking, compliance with regulations, and optimal utilization.

Main Responsibilities:
  • Fixed Assets Management
    • Maintain a comprehensive register of all fixed assets, accurately recording acquisitions, disposals, and transfers.
    • Evaluate depreciation according to company policies and accounting standards, ensuring timely recognition and allocation.
    • Collaborate with operations teams to prepare capital expenditure budgets and forecasts, promoting informed decision-making.
    • Coordinate with stakeholders for timely capitalization of fixed assets, ensuring alignment with business objectives.
  • Inventory Management
    • Conduct regular inventory audits and reconciliations to ensure accuracy and completeness, identifying areas for improvement.
    • Collaborate with procurement, production, and sales teams to forecast inventory needs, preventing overstocking or stockouts.
    • Implement and monitor internal controls over inventory management and provisions, maintaining data integrity.
    • Analyze inventory data to identify trends, discrepancies, and opportunities for cost reduction.
  • Leases Management
    • Manage the company's lease portfolio, maintaining accurate records and monitoring lease payment schedules.
    • Ensure timely payments and compliance with lease terms, mitigating potential risks.
    • Evaluate compliance with accounting standards related to lease accounting (e.g., IFRS 16), maintaining transparency and accuracy.
    • Prepare and present reports and analysis related to leases, providing insights for strategic planning.
  • Reporting and Compliance
    • Prepare and submit regular reports on fixed assets, inventory, and leases, ensuring timely and accurate information.
    • Evaluate compliance with relevant accounting standards, company policies, and legal requirements, maintaining regulatory adherence.
    • Assist in internal and external audits related to fixed assets, inventory, and leases, demonstrating expertise and professionalism.
    • Identify and implement process improvements to enhance efficiency and effectiveness in fixed assets, inventory, and lease management, driving business growth.
  • Collaboration and Support
    • Provide support to finance and accounting teams in relation to fixed assets, inventory, and leases, fostering collaboration and knowledge sharing.
    • Collaborate with other departments to ensure alignment and accuracy in asset and inventory management, promoting a culture of transparency.
    • Train and guide staff on processes related to fixed assets, inventory, and leases, enhancing skills and competencies.
    Requirements:
    • Bachelor's degree in accounting or finance.
    • Minimum 3+ years of relevant experience in finance/accounting, demonstrating expertise and leadership.