وصف الوظيفة


Job Objective :

Detail-oriented and highly organized Fixed Assets Accountant to join our dynamic team. You will be responsible for maintaining the accuracy and integrity of our fixed asset records, ensuring compliance with Egyptian Accounting Standards (EAS) and internal controls. This role plays a crucial role in ensuring the financial health and transparency of our company.

Key responsibility :

  • Manage the entire fixed asset life cycle, from acquisition and installation to depreciation and disposal.
  • Accurately record and track all fixed assets in a designated system,including equipment,machinery,buildings,and leasehold improvements.
  • Calculate and record depreciation expense according to relevant EAS No.10 - Fixed Assets & their Depreciation principles.
  • Conduct periodic physical asset counts and reconcile discrepancies with the accounting records.
  • Prepare fixed asset reports and schedules for internal and external stakeholders.
  • Liaise with departments such as Purchasing,Operations,and IT regarding fixed asset transactions.
  • Assist with the year-end closing process and external audits.
  • Implement and maintain effective internal controls to safeguard fixed assets.
  • Research and recommend updates to fixed asset accounting policies and procedures based on relevant EAS standards, particularly EAS No.8 - Construction Contracts, AS No.14 - Cost of Borrowing, and EAS No.23 - Intangible Assets.
  • Stay current with changes in EAS and other relevant international accounting standards related to fixed assets, including EAS No.31 - Impairment of Assets and EAS No.49 - Lease Contracts.
  • Develop a comprehensive policy for fixed assets and establish the necessary procedures to achieve its smooth implementation and document flow.
  • Design and implement a coding system for efficient categorization and tracking of fixed assets.
  • Register new and existing fixed assets in the designated system, ensuring accuracy of cost data and ownership documentation.
  • Establish and print barcodes on all assets for enhanced control and traceability.
  • Leverage your expertise to create and maintain a robust fixed assets register.
  • Monitor the status of each asset and accurately determine the depreciation calculation start date.
  • Perform periodic physical asset counts, reconcile results with the general ledger, analyze discrepancies, and ensure regular execution of such procedures.
  • Possess thorough knowledge of fixed asset disposal processes, including capital gain or loss treatment in accordance with relevant EAS regulations.
  • Collaborate with the finance team in setting the company's capital budget, considering future fixed asset acquisitions.
  • Review contracting contracts, contractors' payments, letters of guarantee, interim invoices, social insurance deductions, and performance guarantees.
  • Track project costs accurately in the Projects Under Construction account and seamlessly close these accounts into the fixed assets accounts upon project completion.
  • Conduct periodic impairment reviews of intangible assets as per EAS No.23 guidelines.
  • Prepare real estate tax returns with precision and efficiency


Academic Experience Required :

Bachelor's degree in Accounting or Finance required.

Professional Experience Required :

  • Minimum 2 years of experience in fixed asset accounting, preferably in a manufacturing or industrial environment.
  • Strong understanding of Egyptian Accounting Standards (EAS), particularly EAS No. 8, 10, 14, 23, 31, and 49.
  • Familiarity with fixed asset tracking and barcode systems a plus.
  • Experience in the life sciences or plasma industry a plus.


Computing Skills :

Proficiency in Microsoft Office Suite (Excel,Word,PowerPoint)

Strong ERP Systems experience (SAP)

Personal Skills :

Experience in the life sciences or plasma industry a plus.

Proven ability to work independently and accurately with detailed data.

Excellent analytical and problem-solving skills.

Strong communication and interpersonal skills.

Languages :

Good written and spoken English and Arabic.