Description :

Job Title: Fixed Asset & Lease Accounting & Reconciliation Analyst
Grade: Contractual
Location: Islamabad
Last date to Apply: 23rd Feb 2026

Role Objective (JD Summary)

Support the physical verification of fixed assets across ~10,500 tower sites by validating vendor verification outputs, reconciling them with the Fixed Asset Register (FAR), and ensuring accurate capitalization, tagging, location mapping, and compliance.

Support IFRS-16 compliance by verifying lease contracts, validating commercial terms, and accurately configuring and uploading lease data into SAP RE-FX, ensuring correct recognition of ROU assets and lease liabilities across tower sites.

Key Responsibilities

1. Vendor Output Validation

• Review site physical verification reports submitted by field vendors
• Validate:
• Asset existence
• Asset count vs FAR
• Asset condition, usage, and ownership
• Tagging / serial number accuracy
• Onsite visit to sites for output validation
• Flag discrepancies such as:
• Missing assets
• Unrecorded assets
• Mismatched quantities / descriptions
• Incorrect site or cost center mapping

2. FAR Reconciliation & Clean-Up

• Reconcile physical verification results with FAR master, CWIP records and Retired / transferred asset registers
• Prepare adjustment proposals:
• Capitalization / de-capitalization
• Asset splitting or merging
• Location and custodian corrections
• Coordinate with Asset Accounting team for postings

3. Data Cleansing & Standardization

• Standardize:

• Asset descriptions
• Asset categories
• Useful life and depreciation methods

• Ensure alignment with:

• Company capitalization policy
• Accounting standards (Ind AS / IFRS / local GAAP)

4. Reporting & Tracking

• Maintain site-wise and vendor-wise reconciliation trackers
• Track:

• Verification completion %
• Pending discrepancies

• Support internal / statutory audit queries related to FAR clean-up

5. Stakeholder Coordination

• Work closely with:

• Verification vendors
• Regional ops / site teams
• Finance controllership
• IT / ERP teams (SAP / Oracle / etc.)

6. Lease Contract Verification

• Review, validate and upload lease agreements in SAP RE-FX module related to:

• Tower land
• Rooftop sites
• Shelter / access / easement arrangements

• Verify critical IFRS-16 parameters:

• Lease term (including renewal & termination options)
• Fixed and variable lease payments
• Escalation clauses
• Lease incentives
• Restoration / dismantling obligations (ARO)

Qualification Requirements

Mandatory

• Bachelor’s degree in commerce (B.Com), Accounting, Finance or Business Administration
• Strong working knowledge of:

• Fixed asset accounting
• FAR maintenance

Preferred / Value-Add

• CA Inter / CMA Inter / MBA Finance / ACCA
• Exposure to telecom / infrastructure / utilities / EPC sectors
• ERP experience:

• SAP FI-AA (strongly preferred)
• Oracle / other asset modules

Experience Requirements

• 2–6 years of relevant experience

Must-Have Experience

• Fixed asset accounting or FAR management
• Physical asset verification or asset audit support
• Large-volume data handling (10k+ assets)
• Reconciliation between physical assets and books
• Lease accounting under IFRS-16 / Ind AS 116
• Hands-on SAP RE-FX contract creation and maintenance
• Reading and interpreting legal lease agreements
• Large-volume lease portfolios

Behavioral / Project Skills

• High attention to detail
• Ability to work with incomplete / imperfect field data
• Strong follow-up and coordination skills
• Deadline-driven mindset
• Comfortable with repetitive, high-volume tasks