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Associate - Financial Reporting

Shamal Holding · Dubai

Posted Oct 29, 2026Source: naukrigulf
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Job description

As Shamal Holding continues to grow, we re in search of an Associate Financial Reporting, Fixed Assets & Inventory. In this role you will ensure accurate, complete and timely accounting and reporting for fixed assets and inventory. The role maintains reliable financial records, supports effective period-end close and planning, strengthens controls, and provides clear analysis that enables informed financial decisions and compliance with applicable accounting standards and company policies. Responsibilities Fixed Assets Accounting and Control • Maintain a complete and accurate fixed asset register, with asset additions, capitalization, transfers, disposals, retirements and depreciation recorded correctly and on time. • Ensure Capital Work in Progress is regularly reviewed and eligible balances are capitalized or cleared promptly with appropriate support. • Deliver reliable fixed asset reconciliations, movement schedules and variance analysis, with interface exceptions and reconciling items resolved in a timely manner. • Safeguard company assets through effective purchase and transfer controls, accurate tagging, physical verification and timely investigation of variances. • Provide accurate depreciation budgets and forecasts, supported by clear analysis of actual performance and emerging movements. Inventory Accounting and Control • Maintain complete and accurate inventory balances through effective classification, approval, reconciliation and supporting documentation. • Ensure physical counts, sub-ledgers and the general ledger remain aligned, with variances investigated and resolved promptly. • Provide timely insight on inventory ageing, slow-moving and obsolete items, enabling appropriate business action and accounting treatment. • Deliver accurate inventory adjustments, schedules and movement analysis for period-end reporting and audit requirements. Financial Reporting, Compliance and Improvement • Contribute to an accurate and timely monthly, quarterly and annual close through well-supported journals, reconciliations, schedules and variance commentary. • Support reliable standalone and consolidated financial statements, disclosures, reporting packs, budgeting and forecasting with accurate financial information. • Maintain substantiated balance sheet accounts and ensure aged, unusual or intercompany reconciling items are investigated and cleared. • Enable efficient audit completion by providing complete support, responding promptly to queries and coordinating closure of requests. • Ensure assigned accounting activities comply with IFRS, group policies, delegation of authority and internal control requirements. • Improve the efficiency, consistency and control of fixed asset, inventory and reporting processes through standardization, automation and timely issue resolution. Qualifications • 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 preparation of financial reporting schedules. • Working knowledge of IFRS, particularly requirements relevant to property, plant and equipment, inventories and financial statement presentation. • Experience with Microsoft Dynamics 365, fixed asset management systems and advanced Microsoft Excel is preferred. • Bachelor s degree in Accounting, Finance or a related discipline. • Professional accounting qualification which includes ACCA, ACA, CPA, CMA or an equivalent

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