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Open nowFirst seen 1 hour ago

Fixed Asset Accountant / Asset Management Accountant

Nok Human Capital131 open roles

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Your applicationOpen nowFixed Asset Accountant / Asset Management AccountantNok Human Capital

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The clock on this job

Early applications get read.

13.1% of postings close within 7 days. Measured by our own scanner across the market. Nok Human Capital postings stay open a median of 8 days.

Share of postings closed within
  1. 2.2%1 day
  2. 4.7%3 days
  3. 13.1%7 days
  4. 21.1%14 days
  5. 35.7%30 days
  6. 58.7%60 days
This job: first seen 1 hour ago

Nok Human Capital median: 8 days open

The posting

# About the Client

Our client, NESR, is a leading company operating in the oilfield services industry, seeking a detail-oriented Fixed Asset Accountant to support asset management, financial control, and reporting activities while ensuring compliance with internal policies and procedures.

# Job Title

Fixed Asset Accountant / Asset Management Accountant

# Job Summary

The Fixed Asset Accountant will be responsible for managing and controlling fixed asset transactions, including asset transfers, disposals, retirements, and lifecycle changes through SAP. The role ensures compliance with company policies, approval workflows, and internal control requirements while maintaining accurate asset records and alignment between financial systems and physical equipment tracking.

The position will also support asset reconciliations, financial reporting, audit activities, and coordination with operations, maintenance, and finance teams to ensure asset accuracy, traceability, and financial integrity.

# Key Responsibilities

**1. Asset Movement & Transfers Control**

- Execute and control asset transfers across districts and legal entities.

- Verify operational approvals and physical movement confirmations before processing transactions in SAP.

- Ensure accurate allocation of company codes, cost centers, profit centers, and business units.

- Maintain complete documentation and audit trails for all asset movements.

- Investigate and resolve discrepancies between physical asset locations and system records.

**2. Asset Disposal & Retirement Management**

- Process asset disposals, including scrap, sales, losses, and write-offs through SAP.

- Verify approvals, supporting documentation, and physical asset status before processing retirements.

- Calculate and review gains or losses on asset disposals and ensure accurate financial recognition.

- Ensure compliance with disposal approval hierarchies and corporate policies.

- Prevent unauthorized or premature asset retirements.

**3. Workflow Compliance & Internal Controls**

- Ensure compliance with asset transaction workflows and approval matrix requirements.

- Obtain and verify approvals from asset owners, operations, and finance teams before processing transactions.

- Maintain complete documentation for audit and compliance purposes.

- Identify control gaps and escalate policy violations or non-compliance.

- Support the continuous improvement of asset control procedures.

**4. Asset & Equipment Integration**

- Ensure alignment between SAP Fixed Assets (FI-AA) and SAP Plant Maintenance (PM) equipment records.

- Review asset number and equipment ID mapping to prevent duplication.

- Coordinate with maintenance and operations teams when equipment is relocated, reassigned, or retired.

- Maintain asset hierarchy accuracy to support equipment utilization and maintenance tracking.

**5. Reporting, Reconciliation & Financial Integrity**

- Prepare monthly reports covering asset movements, depreciation, and Net Book Value (NBV).

- Reconcile SAP FI-AA balances with the General Ledger (GL) and investigate discrepancies.

- Monitor compliance with capitalization and expense classification policies.

- Support month-end, quarter-end, and year-end closing activities.

- Provide asset-related analysis to support asset utilization and capital efficiency reviews.

**6. Compliance, Audit & Asset Safeguarding**

- Ensure compliance with corporate policies and internal control procedures.

- Support internal and external audits by providing accurate documentation and explanations.

- Participate in periodic physical asset verification and utilization exercises.

- Identify and highlight risks related to asset misstatements, losses, and control weaknesses.

# Requirements

- Bachelor's degree in Accounting, Finance, or a related field.

- 2–3 years of experience in Fixed Asset Accounting, preferably within industrial or oilfield services environments.

- Strong hands-on experience with SAP FI-AA (Asset Accounting) is required.

- Experience with SAP PM integration with MM and PM is strongly preferred.

- Good understanding of fixed asset accounting, asset lifecycle management, and asset control frameworks.

- Knowledge of internal controls, financial reconciliation, and audit requirements.

- Strong analytical and problem-solving skills.

- High attention to detail, accuracy, and compliance.

- Strong coordination and communication skills, with the ability to work cross-functionally with Finance, Operations, Maintenance, and Logistics teams.

- Ability to investigate discrepancies and ensure adherence to company policies and procedures.

# General Information

- **Location:** Cairo, Egypt

- **Experience Level:** Junior (2–3 Years)

- **Employment Type:** Full-Time

- **Work Mode:** On-site

- **Working Hours:** 9:00 AM – 5:00 PM

- **Working Days:** Sunday – Thursday

- **Days Off:** Friday & Saturday

- **Reporting To:** Asset Management Supervisor

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