Fixed Asset Lead

• Responsible for fixed asset accounting process and capital controls
• Ability to use professional knowledge and skills in Transactional & Financial Accounting Principles, including interpretation of IAS16, IAS36, IAS38 and other Financial Standards to ensure costs are correctly capitalized and valued, cost allocation, physical verification, classification and controls, combined with a high degree of diligence to contribute proactively to continuous improvement of organization's accounting, and reconciliation processes and standards.
• Take ownership of the Fixed Asset sections of the Capital Accounting Manual, liaising with the General Ledger team, Financial Controls, Financial Planning & Analysis, Business Units and other stakeholders to ensure the process and controls are fully understood and fit for purpose
• Document, implement and enhance financial controls to ensure the capital asset environment can be relied upon
• Ensure that asset locations are correctly recorded, this will include system development to ensure the process is robust
• Liaise with the business asset owners to ensure assets are physically verified in accordance with company policy and any loses / physical deterioration is adequately recorded
• In the future, supervise and develop Senior Project Accountant(s) to achieve the Group's objectives
• Using SAP S/4HANA, PS (Project System) and summary output from Oracle PMIS to analyze and take financial responsibility for the capitalization of Capital Work in Progress (“CWIP”) balances on all projects;
• Ensure CWIP is transferred to Fixed Assets, promptly and using appropriate classifications
• Work with the Commercial and Technical teams to evaluate the carrying value of Fixed Assets to ensure any impairments or, if appropriate, any IAS40 revaluations are properly recorded

• Analyze stakeholders' needs, interests, and influence to prioritize engagement strategies.
• Develop and implement stakeholder engagement plans tailored to different stakeholder groups.
• Build and maintain strong relationships with stakeholders through regular communication and meetings.
• Act as the primary point of contact for stakeholders, addressing their concerns and providing updates on relevant activities.
• Manage the dissemination of information, ensuring timely and accurate communication.
• Work closely with internal teams, including projects, business proponent, and operations / facility management, to ensure stakeholder interests are aligned with organizational objectives.
• Identify and address potential conflicts or issues with stakeholders proactively.
• Mediate disputes or misunderstandings, ensuring that resolutions are in the best interest of both the stakeholders and the organization.

• Stay informed about best practices in fixed asset accounting and apply them to enhance process and control.
• Seek feedback from stakeholders to continuously improve the quality of engagement and reporting.
• Promote transparency and accountability in all interactions with stakeholders.
• Identify potential risks associated with the change and develop strategies to mitigate them
• Develop a strategy that outlines the approach, resources and timelines for implementing the change.

• Provide regular reports to senior management on fixed asset status, movements, and pending items.
• Use feedback and data to refine and improve reporting and timeliness of asset capitalisation.
• Coordinate involvement in projects, ensuring a good awareness of status and upcoming operations.
• Track and monitor stakeholder engagement activities and their impact on project outcomes.

• Prepare and deliver presentations, reports, and other communication materials tailored to stakeholder needs.
• Ensure that all stakeholder engagement activities comply with the relevant regulations and ethical standards.
• Utilize data analytics to drive strategies and decisions.

• 7+ Years of experience in Accounting or relevant field
• Ability to demonstrate knowledge and skills in Financial Reporting and Controls and Accounting Standards.
• Experience of managing a substantial Fixed Asset Register
• Exposure and interaction with an Operational Enterprise Asset Management System.
• Highly skilled in dealing with financial and numeric data;
• Highly skilled in use of Excel/PowerPoint;
• Highly skilled in use of MS Word and must be a very good writer in order to handle the occasional administrative needs of the department which may include translation;
• Excellent verbal skills;
• Team player and ability to oversee team players;
• Excellent work habits, including a willingness to work the hours necessary to completed the required tasks;
• Ability to work in stressful, last minute and deadline driven oriented tasks.

• Bachelor's degree in Accounting or relevant field.
• Relevant Professional Memberships/Accreditation.
• Experience in SAP

NEOM