Job Description
Title: Fixed Asset Manager
Company Name: Akij Resources
Vacancy: 01
Age: 35 to 40 years
Location: Dhaka
Maximum Salary: Negotiable
Experience:
∎ 8 to 10 years
∎ The applicants should have experience in the following business area(s):Manufacturing (FMCG), Group of Companies
Published: 10 Apr 2025
Education:
∎ Bachelor of Commerce (BCom) in Accounting & Information System, Master of Business Administration (MBA) in Finance, Bachelor of Business Administration (BBA) in Finance, Master of Business Administration (MBA) in Accounting & Information System, Bachelor of Science (BSc) in Civil Engineering
Requirements:
Additional Requirements:
∎ Age 35 to 40 years
∎ ERP Proficiency: Advanced knowledge in SAP/Oracle/Asset Module.
∎ Financial Acumen: Strong understanding of IFRS, depreciation methods, and fixed asset accounting.
∎ Data Management: Skill in data analytics, audit trail, and MIS reporting.
∎ Project Management: Proven experience in asset digitization, audit coordination, and lifecycle planning.
∎ Compliance Knowledge: Hands-on understanding of local tax laws, IFRS, ISO 55000 standards preferred.
∎ ERP Proficiency: Advanced knowledge in SAP/Oracle/Asset Module.
∎ Financial Acumen: Strong understanding of IFRS, depreciation methods, and fixed asset accounting.
∎ Data Management: Skill in data analytics, audit trail, and MIS reporting.
∎ Project Management: Proven experience in asset digitization, audit coordination, and lifecycle planning.
∎ Compliance Knowledge: Hands-on understanding of local tax laws, IFRS, ISO 55000 standards preferred.
Responsibilities & Context:
∎ Lead Full Asset Lifecycle – Oversee acquisition, capitalization, maintenance, transfer, and disposal of all fixed assets across the group.
∎ Ensure Accurate Asset Register – Maintain a real-time, verified, and complete fixed asset registry across all business units.
∎ Drive Compliance & Standards – Ensure adherence to IAS-16, IFRS, and ISO 55000 for asset management and reporting.
∎ Control Capital Expenditure – Track, validate, and report on capital investments to ensure they align with approved budgets and ROI expectations.
∎ Conduct Physical Verification – Execute annual and surprise asset verifications and reconcile discrepancies with asset records.
∎ Manage Depreciation Accounting – Calculate and post monthly depreciation; analyze aging assets and impairment risks.
∎ Optimize Disposal Process – Facilitate ethical, profitable, and regulation-compliant asset disposals with appropriate documentation.
∎ Implement Automation Tools – Lead the digitization of fixed asset processes using ERP and asset management software.
∎ Generate Analytical Reports – Provide management with actionable asset utilization and financial performance insights.
∎ Collaborate Cross-Functionally – Work closely with procurement, operations, audit, and accounts to streamline asset transactions.
∎ Lead Audit Readiness – Prepare detailed schedules and reconciliations and respond to internal and external audit queries.
∎ Champion Process Improvement – Identify inefficiencies and drive continuous improvement in asset controls and reporting.
∎ Lead Full Asset Lifecycle – Oversee acquisition, capitalization, maintenance, transfer, and disposal of all fixed assets across the group.
∎ Ensure Accurate Asset Register – Maintain a real-time, verified, and complete fixed asset registry across all business units.
∎ Drive Compliance & Standards – Ensure adherence to IAS-16, IFRS, and ISO 55000 for asset management and reporting.
∎ Control Capital Expenditure – Track, validate, and report on capital investments to ensure they align with approved budgets and ROI expectations.
∎ Conduct Physical Verification – Execute annual and surprise asset verifications and reconcile discrepancies with asset records.
∎ Manage Depreciation Accounting – Calculate and post monthly depreciation; analyze aging assets and impairment risks.
∎ Optimize Disposal Process – Facilitate ethical, profitable, and regulation-compliant asset disposals with appropriate documentation.
∎ Implement Automation Tools – Lead the digitization of fixed asset processes using ERP and asset management software.
∎ Generate Analytical Reports – Provide management with actionable asset utilization and financial performance insights.
∎ Collaborate Cross-Functionally – Work closely with procurement, operations, audit, and accounts to streamline asset transactions.
∎ Lead Audit Readiness – Prepare detailed schedules and reconciliations and respond to internal and external audit queries.
∎ Champion Process Improvement – Identify inefficiencies and drive continuous improvement in asset controls and reporting.
Skills & Expertise:
Compensation & Other Benefits:
∎ Gratuity, Provident fund, Insurance, Mobile bill
∎ Salary Review: Yearly
∎ Lunch Facilities: Partially Subsidize
∎ Festival Bonus: 2
∎ Other benefits as per company policy.
∎ Other benefits as per company policy.
Workplace:
∎ Work at office
Employment Status: Full Time
Gender:
∎ Only Male
Job Location: Dhaka
Job Highlights:
∎ Akij Resource Ltd. is a highly esteemed conglomerate in Bangladesh. This role is critical for overseeing the complete lifecycle of fixed assets, ensuring financial accuracy, compliance, and operational efficiency.
Company Information:
∎ Akij Resources
∎ 198 Bir Uttam Mir Shawkat Sarak, Dhaka 1208
∎ Akij Resources Limited also known as ARL was founded in April 2020 with a mission to ensure best quality products and services to the customers through continuous improvement that benefits society and environment.
Address::
∎ 198 Bir Uttam Mir Shawkat Sarak, Dhaka 1208
∎ Akij Resources Limited also known as ARL was founded in April 2020 with a mission to ensure best quality products and services to the customers through continuous improvement that benefits society and environment.
Read Before Apply: Please apply only who are fulfilling all the requirements of this job
Application Deadline: 17 Apr 2025
Category: Accounting/Finance
