Senior Finance Specialist

Role summary

The Senior Finance Specialist (Inventory & Fixed Assets) is responsible for accurate accounting, control, and reporting of inventory and fixed assets in line with IFRS and company policies. The role manages inventory across retail, F&B, and spare parts, and oversees the fixed asset lifecycle, including capitalization, depreciation, disposals, and reporting. It supports financial integrity, audit readiness, and effective asset management across projects and operating entities.

Key accountability areas

Fixed assets lifecycle management

• Manage the full fixed asset lifecycle, including creation, capitalization, transfers, depreciation, impairments, and disposals, in line with accounting standards.
• Monitor AUC/CWIP and ensure timely and accurate capitalization upon project completion.
• Maintain and reconcile the fixed asset register with the general ledger and trial balance.
• Ensure accurate asset classification, tagging, and useful life assignment.
• Review CAPEX transactions and validate CAPEX versus OPEX classification.

Inventory management

• Monitor and validate inventory movements across ERP and warehouse systems.
• Perform stock counts, cycle counts, and reconciliations, including variance analysis.
• Support inventory valuation, including provisions, obsolescence, and write-offs (IAS 2).
• Ensure accurate recording of inventory balances and consumption flows.

Accounting, reporting, and reconciliation

• Prepare and post depreciation, inventory, and related journal entries.
• Support month-end, quarter-end, and year-end closing activities.
• Perform sub-ledger-to-general-ledger reconciliations for inventory and fixed assets.
• Prepare reports and schedules for management reporting and finance leadership.

Controls, compliance, and audit

• Ensure compliance with IFRS, internal policies, capitalization thresholds, and DoA.
• Support internal and external audits through documentation, reconciliations, and explanations.
• Participate in physical asset verification and inventory counts, and resolve discrepancies.

Stakeholder coordination and process improvement

• Coordinate with Procurement, Projects, Operations, and Finance on asset and inventory transactions.
• Review PRs, POs, and invoices to ensure correct accounting treatment.
• Identify and drive process improvements and system enhancements.
• Support data accuracy and utilization across ERP and subsystems.

Functional accountabilities

Systems and tools

• ERP systems (e.g., SAP FI/MM).
• Inventory and warehouse management systems.
• Fixed asset sub-ledgers and project systems.
• Reporting tools, including Excel and BI.

Requirements

Minimum qualifications

• Bachelor’s degree in accounting, finance, or a related field.

Professional certifications

• A professional finance or accounting certification (e.g., CPA, SOCPA, CFA, or CFP) is preferred but not mandatory.

Required experience

• Two to three years of experience in fixed assets or financial accounting.
• Strong knowledge of IFRS, particularly IAS 16, IAS 36, and IAS 38.
• Working knowledge of IFRS inventory accounting (IAS 2) and internal controls.
• Experience working in ERP-driven environments, such as SAP FI.