Description :

Grade Level: L2

Location: Islamabad

Last date to apply: 9th August, 2024

What is Expert Fixed Assets?

The Expert Fixed Assets is someone who has the knowledge and expertise to handle and record end to end processes of Fixed Assets domain. The prime role of Expert Fixed Assets is accounting and reporting of the fixed assets (both tangible and intangible), tracking existing fixed assets, recording depreciation and accounting for the disposition of fixed assets, meanwhile ensuring complete compliance with IFRS/ Group Accounting Manual.

This role reports directly to the Manager Fixed Assets, with extended team of 3 members.

What does Expert Fixed Assets do?

• Maintaining the Fixed Assets Books in Oracle Financial, daily transactions and their reporting activities
• Recording of routine/non-routine capitalization transactions of Fixed Assets
• Run & complete depreciation process for all the company’s assets
• Maintain schedule of Capital Work in Progress i.e. accruals/advances etc. including performing ageing analysis to identify both long outstanding balance & exposure to credit-risk vendors
• Perform impairment testing and remain vigilant for both internal and external indicators as prescribed in the IFRS.
• Independent handling of all daily and closing activities related to Fixed Assets and its reporting
• Acquire a sound business understanding of the relevant fixed assets domain
• Ensure compliance with SOX controls including documentation and reporting.
• Prepare audit schedules relating to fixed assets and assist the auditors in their inquiries.
• Facilitating all stakeholders relating to CAPEX and responding their queries within time.
• Extraction and reporting of Ad-hoc information requests from various internal & external departments.
• Ensuring compliance with Fixed Assets SLAs and KPIs.
• Prepare Fixed Assets dashboard reporting for review of higher management including variance analysis between budget/ forecast vs actual and between previous and current periods.
• Identify and support implementation of end-to-end process improvement initiatives.
• Act as a key contact person for resolution of queries from finance and non-finance departments.
• Support the implementation of changes in group policies and procedures in accounting for fixed assets.

Jazz is an equal opportunity employer. We celebrate, support, and thrive on diversity and are committed to creating an inclusive environment for all employees.

Requirements

Requirements:

• Bachelor’s / CA Inter/ ACCA/ ICAEW with minimum of 3 to 5 years of working experience including Telecom Industry and Fixed Asset role.
• Oracle Financials (experience of Fixed Assets Module would be a plus)
• Sound knowledge of relevant International Accounting Standards.
• Experience of presenting financial results, variance analysis and handling of large quantum of data.
• Understanding of fixed assets recording & closing process.
• Oracle R12
• MS Office
• Strong interpersonal communication
• Analytical skills

Benefits

Why Join Jazz?

As one of the leading employers in the country, Jazz epitomizes the philosophy that each Jazz employee is passionately living a better every day inspired and enabled by visionary leadership, a unique professional culture, a flourishing lifestyle, and continuous learning and development.

Our core values include qualities essential for a positive organizational culture - truthfully guiding entrepreneurial and innovative mindsets, harnessing professional and interpersonal collaboration, and fostering across-the-board customer-obsession.

As one of the largest private sector organizations in Pakistan, our objective is to continue to change the lives of our 75 million customers for the better. This is an opportunity for someone who wants to be part of something transformative, someone who can play a critical role in driving our success. Together, we can empower millions more with the tools necessary to progress in an increasingly digital economy.