Addu International Airport Private Limted
Maldives
JOB OPPORTUNITY - Manager, Fixed Asset & Inventory

MANAGER, FIXED ASSET & INVENTORY

Finance & Accounts

Requirement / Qualifications

• Bachelor’s degree in Accounting/Finance or related field and 2 years of relevant experience
• Diploma in related field and 5 years of relevant experience

Key responsibilities

▪ Create and monitor a system of controls, procedures, and policies for the maintenance of fixed assets in the ERP system in accordance with the IAS 16
▪ Assign tag numbers to fixed assets.
▪ Record fixed asset acquisitions and dispositions in the ERP system.
▪ Track the compilation of project costs into fixed asset accounts in the ERP system and close out those accounts once the related projects have been completed.
▪ Reconcile the balance in the fixed asset subsidiary ledger to the summary-level account in the general ledger.
▪ Calculate depreciation for all fixed assets.
▪ Update the detailed schedule of fixed assets and accumulated depreciation.
▪ Assist in calculating asset retirement obligations for those fixed assets to which (Asset Retirement Obligations) AROs are applicable.
▪ Investigate the potential obsolescence of fixed assets.
▪ Conduct periodic impairment reviews for tangible and intangible assets based on instructions by Manager and Chief Accountant
▪ Conduct periodic physical inventory counts of fixed assets.
▪ Assist in preparing recommendation to management whether fixed assets should be disposed of.
▪ Conduct analyses related to fixed assets as requested by Chief Accountant
▪ Prepare audit schedules relating to fixed assets and assist the auditors in their inquiries.
▪ Track company expenditures for fixed assets in comparison to the capital budget and management authorizations and report to chief accountant
▪ Assist in Fixed Assets valuation process.
▪ Assist in devising ways to optimize inventory control procedures.
▪ Collaborate with department heads and procurement staff to ensure company's inventory goals are met.
▪ Check and monitor ROL and ROQ of the inventory 
▪ Ensure that all the Goods Received Notes related to release POs are entered to the system.
▪ Ensure that all the departments comply with systems which are in place and manage inventory accordingly.
▪ Assist in analyzing the inventory management procedures and arrange periodic physical count.
▪ Collaborate with internal and external auditors on matters related to inventory.
▪ Assisting other team members to complete assigned work.
▪ Ensure procedures are followed and documentation is complete and in order.
▪ Identifying gaps in the workflow of business activities

Preferred Skills

▪ Excellent verbal and written communication skill
▪ Proficient in Microsoft Office Applications
▪ Customer Service oriented
▪ Able to manage time and prioritize.
▪ Must be able to work under pressure and meet deadlines, while maintaining a positive attitude.

Benefits

Salary and allowances will be paid as per company policy.

 

To be attached with the Curriculum Vitae:
▪ Addu International Airport Pvt. Ltd.’s Job Application Form. (Can download the form from our website)
▪ Photocopy of the applicant’s National Identity Card.
▪ Passport size photo of the applicant.
▪ Attested educational certificate photocopies.
▪ Reference letter
▪ Police report (not less than 3 months from the date of issuance)

 

16 February 2023
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