- Strong internal control mindset.

- High attention to accuracy and compliance.

- Ability to coordinate cross-functionally with operations and logistics teams.

- Analytical thinking and problem-solving skills.

- Ability to challenge discrepancies and enforce policy compliance.

- Bachelor's degree in accounting or finance.

- 2-3 years of fixed asset accounting experience in industrial or oilfield services environments.

- Strong SAP FI-AA experience required.

- SAP PM integration with MM and PM experience strongly preferred.

- Knowledge of asset control frameworks.

Job duties description 1) Key Responsibilities

2.1. asset movement & transfers control

- Execute and control asset transfers across districts, and legal entities.

- Verify operational authorization and physical movement confirmation prior to posting.

- Ensure correct company code, cost center, profit center, and business unit allocation.

- Maintain full traceability and audit trail for all asset movements.

- Investigate and resolve discrepancies between physical and system locations.

2.2. Asset Disposal & Retirement Governance

- Process asset disposals including scrap, sale, loss, and write-off in SAP.

- Validate approvals, supporting documentation, and physical verification before retirement.

- Calculate and review gain/loss on disposal and ensure proper financial recognition.

- Ensure compliance with disposal approval hierarchy and corporate policies.

- Prevent unauthorized or premature asset retirement.

2.3. Workflow Compliance & Approval Controls

- Enforce asset transaction workflows and approval matrix requirements.

- Confirm approvals from asset owners, operations, and finance prior to processing.

- Ensure completeness of documentation for audit and compliance reviews.

- Identify control gaps and escalate non-compliance or policy violations.

- Support continuous strengthening of asset control procedures.

2.4. Asset–Equipment Integration & Operational Alignment

- Ensure alignment between SAP Fixed Assets and SAP PM equipment records.

- Review mapping between asset numbers and equipment IDs to prevent duplication.

- Coordinate with maintenance and operations when equipment is relocated, reassigned, or retired.

- Assist in maintaining asset hierarchy integrity for utilization and maintenance tracking.

2) Reporting, Reconciliation & Financial Integrity

- Prepare monthly asset movement, depreciation, and NBV reports.

- Reconcile SAP FI-AA balances with the General Ledger and investigate variances.

- Monitor capitalization vs expense classification compliance.

- Support month-end, quarter-end, and year-end close processes.

- Provide asset analytics to support utilization and capital efficiency reviews.

3) Compliance, Audit & Asset Safeguarding

- Ensure compliance with corporate policies, and internal controls.

- Support internal and external audits with complete documentation and explanations.

- Participate in periodic physical verification and asset utilization exercises.

- Highlight risks related to asset misstatement, loss, or control weaknesses.

4) Performance Success Indicators

- Zero unauthorized or unsupported asset movements.

- Accurate and fully reconciled asset register.

- Timely processing with full workflow compliance.

- Positive audit outcomes with no major findings.

- Improved asset traceability and control visibility.