Accountant

Be Part of a Legacy Bigger Than the Game

At Al-Qadsiah Club we create more than teams! We’re crafting a legacy that goes beyond the game, making an impact both on and off the field. Driven by ambition, synergy, and innovation, we aim to inspire generations while shaping the future of Saudi sports.

This is more than just a job! It’s an opportunity to be part of something larger than yourself. At Al-Qadsiah, you’ll play a key role in shaping our legacy, contributing to the nation’s sports vision, and making history every step of the way.

The Accountant responsible for Capital Expenditure (CapEx) and the Fixed Assets Register will play a critical role in managing and tracking the company’s investments in capital assets. This position requires oversight of the entire capital expenditure process, including recording, tracking, and reporting fixed assets, as well as ensuring compliance with accounting standards. The role also involves maintaining the fixed asset register, performing regular reconciliations, and assisting with budgeting and forecasting for capital expenditures.

Key Responsibilities:

• Capital Expenditure (CapEx) Management:
  
• Oversee the recording and tracking of capital expenditures in accordance with company policies.
  
• Assist in the preparation and analysis of capital budgets, working closely with relevant departments to ensure that CapEx plans align with company goals.
  
• Review and verify capital expenditure requests to ensure proper authorization, budget alignment, and appropriate coding.
  
• Prepare detailed capital expenditure reports, highlighting variances from the budget and providing explanations for deviations.
  
• Fixed Assets Register Management:
  
• Maintain and update the fixed assets register, ensuring that all acquisitions, disposals, and adjustments are properly recorded.
  
• Ensure that capitalized assets are correctly classified, categorized, and tracked throughout their lifecycle, including acquisition, depreciation, and disposal.
  
• Track and record depreciation for fixed assets, ensuring compliance with relevant accounting standards (e.g., GAAP, IFRS).
  
• Perform regular reconciliations of the fixed assets register to the general ledger, identifying and resolving discrepancies in a timely manner.
  
• Depreciation & Amortization:
  
• Calculate and record monthly depreciation and amortization for all fixed assets, in line with the company’s accounting policies and applicable tax regulations.
  
• Assist in preparing reports for financial statements related to asset depreciation and amortization.
  
• Review the useful life and residual value of fixed assets, proposing adjustments as necessary.
  
• Audit & Compliance Support:
  
• Assist with internal and external audits by providing supporting documentation for fixed assets and capital expenditures.
  
• Ensure that fixed asset records are accurate, and provide information to auditors during year-end audits.
  
• Ensure compliance with regulatory and tax requirements related to fixed assets, including proper capitalization and tax treatment.
  
• Fixed Asset Acquisition & Disposals:
  
• Manage the process for the acquisition, transfer, and disposal of fixed assets, ensuring that proper documentation is maintained.
  
• Monitor and record the disposal of fixed assets, including tracking gain or loss on asset disposals.
  
• Ensure that disposed assets are removed from the fixed assets register in a timely manner.
  
• Capitalization of Costs:
  
• Ensure that all capitalized costs are properly allocated to the correct asset categories (e.g., buildings, equipment, vehicles) and in accordance with accounting policies.
  
• Review invoices and ensure that only appropriate costs related to the acquisition of fixed assets are capitalized.
  
• Reporting & Analysis:
  
• Prepare monthly, quarterly, and annual reports on capital expenditures and fixed assets for management and senior leadership.
  
• Analyze asset-related data to provide insights into capital spending trends, asset utilization, and investment performance.
  
• Assist with forecasting future capital expenditure requirements and the impact on the company’s financial position.
  
• System & Process Improvements:
  
• Assist in the continuous improvement of capital expenditure and fixed asset tracking processes.
  
• Work with IT and finance teams to enhance systems for asset tracking, reporting, and compliance.
  
• Recommend process improvements to enhance accuracy and efficiency in managing capital expenditures and fixed assets.
  

Requirements

• Education:
  
• Bachelor’s degree in Accounting, Finance, or a related field.
  
• Professional certifications such as CPA (Certified Public Accountant) or ACCA (Association of Chartered Certified Accountants) are preferred but not required.
  
• Experience:
  
• 0–2 years of experience in accounting or finance, with a focus on capital expenditure, fixed assets, or similar areas.
  
• Knowledge of capital budgeting, asset management, and depreciation methodologies.
  
• Skills & Competencies:
  
• Strong understanding of accounting principles related to capital expenditures, asset capitalization, and depreciation.
  
• Proficient in Microsoft Excel and other financial software tools for data analysis and reporting.
  
• Attention to detail with excellent organizational and time management skills.
  
• Strong communication skills, with the ability to collaborate effectively across departments.
  
• Ability to analyze financial data and present findings in a clear and actionable manner.
  
• Personal Attributes:
  
• High level of integrity, professionalism, and confidentiality.
  
• Strong problem-solving skills and the ability to resolve discrepancies or issues related to assets and expenditures.
  
• Proactive approach to managing responsibilities and meeting deadlines.
  
• Ability to adapt to changes in procedures or regulations and implement changes efficiently.
  

Benefits

Why Join Al-Qadsiah?

• Be Part of the Legacy: Join a club that’s redefining the future of Saudi sports, striving to lead the competition and set new standards of excellence.
  
• Experience the Culture: Thrive in an environment that values quality, accountability, diversity, synergy, innovation, and ambition, while embracing harmony. This is the Qadsiah Way.