Job Description

Job Highlights:

• At least 5 years’ experience of Fixed Asset in real estate or hospitality business.
• Has experience in capitalization.
• Excellent communication, interpersonal, and organizational skills.

Job Summary

• Our client is a real estate developer based in Bangkok.

Job Description

Fixed Asset Accounting

• Oversee the fixed asset accounting process, including asset acquisition, capitalization, and disposal.
• Ensure accurate tracking of capital expenditures and fixed asset additions for real estate properties.
• Review and maintain fixed asset registers to ensure all relevant details are recorded (e.g., location, condition, useful life, etc.).
• Assist in the preparation of year-end audit schedules related to fixed assets and respond to audit queries regarding fixed asset reporting.
  • Asset Management & Reporting
• Support the preparation of financial reports related to fixed assets, ensuring accurate reporting on the balance sheet.
• Maintain and monitor the fixed asset tracking system, ensuring it aligns with general ledger records.
  • Capitalization and Asset Disposal
• Determine and apply capitalization policies to qualify assets for capitalization.
• Ensure that disposals, write-offs, and retirements of assets are properly accounted for, and any resulting gains or losses are recorded.
  • Compliance & Internal Controls
• Ensure compliance with internal controls, company policies, and external regulations related to fixed asset management.
• Review and enforce procedures to maintain effective internal controls around the acquisition, disposal, and reporting of assets.
  • Budgeting and Forecasting
• Assist in the budgeting and forecasting processes by providing accurate information regarding fixed asset expenditure and depreciation.
• Track and report on capital expenditure (CapEx) budgets for real estate development or acquisition projects.
  • Collaboration and Support
• Provide ad-hoc reports and analyses related to fixed assets to senior management as needed.

Qualifications

• Bachelor’s degree in Accounting, Business Administration, or a related field.
• At least 5 years’ experience of Fixed Asset in real estate or hospitality business.
• Has experience in capitalization.
• Excellent communication, interpersonal, and organizational skills.