Associate - Financial Reporting, Fixed Assets & Inventory

About the role

Shamal Holding, a diversified investment firm based in Dubai, is looking for an Associate to ensure accurate, complete and timely accounting and reporting for fixed assets and inventory. The role keeps financial records reliable, supports period-end close and planning, strengthens controls and provides analysis that supports informed financial decisions and compliance with accounting standards and company policies.

Key responsibilities

• Maintain a complete and accurate fixed asset register, recording additions, capitalization, transfers, disposals, retirements and depreciation correctly and on time.
• Review Capital Work in Progress regularly and ensure eligible balances are capitalized or cleared promptly.
• Deliver fixed asset reconciliations, movement schedules and variance analysis, resolving interface exceptions and reconciling items in a timely way.
• Protect company assets through purchase and transfer controls, accurate tagging, physical verification and timely investigation of variances.
• Provide depreciation budgets and forecasts supported by analysis of actual performance.
• Maintain accurate inventory balances through classification, approval, reconciliation and supporting documentation, keeping physical counts, sub-ledgers and the general ledger aligned.
• Investigate and resolve inventory variances, provide insight on ageing, slow-moving and obsolete items, and deliver inventory adjustments and movement analysis for period-end reporting and audits.
• Support monthly, quarterly and annual closes, standalone and consolidated statements, disclosures, budgeting and forecasting, and maintain substantiated balance sheet accounts.
• Ensure compliance with IFRS, group policies, delegation of authority and internal control requirements, and improve process efficiency through standardization, automation and timely issue resolution.

Required profile

• Minimum 5 years of relevant experience in fixed asset accounting, inventory accounting, general ledger or financial reporting.
• Experience with period-end close, balance sheet reconciliations, audit support and preparing financial reporting schedules.
• Bachelor's degree in Accounting, Finance or a related discipline.
• Professional accounting qualification such as ACCA, ACA, CPA, CMA or equivalent.

Required skills

• Working knowledge of IFRS, especially for property, plant and equipment, inventories and financial statement presentation.
• Preferred: Microsoft Dynamics 365, fixed asset management systems and advanced Microsoft Excel.