Senior Accountant - Fixed Asset Accounting
Posted date [2026-08-27]
(ID: 50215)
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Founded in 1971, ADNOC is a leading diversified energy group, wholly owned by the Abu Dhabi Government. Our network of fully integrated businesses operates across the energy value chain, helping us to responsibly meet the demands of an ever-changing energy market.
Already in the top tier of the lowest carbon intensity oil and gas producers in the world, we are taking significant steps to make today’s energy cleaner while investing in the clean energies of tomorrow, strengthening our position as a reliable and responsible global energy provider. We are allocating an initial $23 billion to advance and accelerate lower-carbon solutions, investing in new energies and decarbonization technologies to enable our net zero by 2045 ambition and our commitment to zero methane emissions by 2030. ... |
Job Description and Requirements
Senior Accountant - Fixed Asset AccountingJob Snapshot
Role: Senior Accountant - Fixed Asset Accounting
Location: Abu Dhabi Emirate, United Arab Emirates
Industry: Accounting
Function: Accounting/Auditing
Experience: Minimum 8 years
Job Type: Full-time
Position Overview
Senior Accountant - Fixed Asset Accounting in Abu Dhabi Emirate, United Arab Emirates is an experienced Accounting opportunity responsible for fixed asset registers, depreciation accounting, capital work in progress, asset reconciliations and financial reporting. The role supports accurate representation of ADNOC HQ assets by maintaining robust accounting records, controlling asset additions, transfers and disposals, supporting physical inventories and ensuring fixed asset information satisfies management, financial reporting and audit requirements.
Job Details
Country: United Arab Emirates
City: Abu Dhabi Emirate
Industry: Accounting
Function: Accounting/Auditing
Salary: 18000-27000
Estimated salary range based on similar jobs in the job city; please confirm the final offer with the employer.
Gender: Any
Candidate Nationality: Any
Job Type: Full-time
Role Context
The Senior
Accountant safeguards the accuracy and integrity of fixed asset accounting across ADNOC HQ. The position maintains the accounting lifecycle of assets from acquisition and capitalization through depreciation, transfer, physical verification, write-off and disposal. Close reconciliation with Group Company records and the General Ledger enables the role to strengthen balance sheet accuracy, financial controls and audit readiness while providing dependable asset information for management decisions.
Key Responsibilities
* Contribute to developing and implementing standardized fixed asset accounting guidelines, procedures and control frameworks.
* Maintain ADNOC HQ fixed asset registers in accordance with approved accounting policies and procedures.
* Record asset additions, disposals and transfers accurately to ensure fixed asset balances properly represent underlying transactions.
* Review asset acquisitions, transfers, issues, write-offs and other movements and verify that appropriate accounting records are maintained.
* Calculate and document monthly depreciation in accordance with applicable accounting policies.
* Prepare information required to execute depreciation runs and ensure depreciation is correctly transferred to the General Ledger.
* Review system interface reports and assess the consistency and reasonableness of fixed asset data submitted by Group Companies.
* Reconcile ADNOC HQ fixed asset registers with corresponding Group Company asset records and investigate differences.
* Maintain detailed year-to-year records of capital work in progress.
* Provide capital work in progress information to relevant Directorates for management reporting and decision-making.
* Monitor asset capitalization information and maintain appropriate supporting documentation throughout the asset accounting lifecycle.
* Prepare annual fixed asset schedules supporting balance sheet and profit and loss account reporting.
* Develop procedures for physical verification and inventory of fixed assets.
* Participate in physical asset counts and reconcile inventory results against accounting registers.
* Investigate discrepancies identified between physical assets and fixed asset accounting records.
* Prepare fixed asset schedules and supporting information required for financial statements.
* Provide documentation and reconciliations required for internal and external audit activities.
* Coordinate with auditors on fixed asset accounting queries and provide appropriate supporting records.
* Assist in implementing corrective action plans arising from internal and external audit recommendations.
* Maintain accurate documentation and audit trails for significant fixed asset transactions.
* Coordinate with ADNOC Directorates and Group Companies on fixed asset, accounting and audit-related matters.
* Identify opportunities to improve asset accounting controls, reconciliation processes and reporting efficiency.
* Develop practical improvements that strengthen fixed asset data quality and financial control.
* Provide input for departmental budgets and investigate significant variances where required.
* Prepare fixed asset information for MIS and management progress reports.
* Supervise assigned activities and support development of staff through technical guidance and knowledge transfer.
* Perform other related fixed asset accounting responsibilities assigned by the supervisor.
Ideal Profile
* Bachelor\'s Degree in Accounting or Finance.
* Minimum 8 years of relevant experience in Accounting and Finance.
* Strong practical experience in fixed asset accounting and asset register management.
* Sound knowledge of asset capitalization, depreciation, transfers, disposals and write-offs.
* Experience maintaining and reconciling fixed asset sub-ledgers with the General Ledger.
* Understanding of capital work in progress accounting and capitalization processes.
* Ability to prepare fixed asset schedules supporting financial statements.
* Experience conducting or supporting physical fixed asset inventories and subsequent reconciliations.
* Strong understanding of balance sheet accounting and financial control principles.
* Experience reviewing system-generated financial and asset interface reports.
* Familiarity with internal and external audit requirements relating to fixed assets.
* Ability to investigate accounting discrepancies and implement appropriate corrective actions.
* Strong attention to detail when managing high-volume financial and asset information.
* Experience working with ERP financial systems, fixed asset modules and spreadsheet applications.
* Ability to coordinate effectively with finance teams, Group Companies, business Directorates and auditors.
* Good written and verbal knowledge of English and Arabic.
Skills Set
* Fixed asset accounting
* Fixed asset register management
* Asset capitalization
* Asset acquisition accounting
* Asset transfer accounting
* Asset disposal
* Asset write-off
* Depreciation accounting
* Monthly depreciation
* General Ledger reconciliation
* Fixed asset reconciliation
* Balance sheet reconciliation
* Capital work in progress
* CWIP accounting
* Physical asset inventory
* Asset verification
* Financial reporting
* Financial statement schedules
* Balance sheet reporting
* Profit and loss reporting
* System interface reconciliation
* Accounting controls
* Internal controls
* Audit support
* Internal audit
* External audit
* Audit action plans
* ERP financial systems
* Fixed asset modules
* Microsoft Excel
* MIS reporting
* Financial data analysis
* Accounting process improvement
* Asset accounting policies
* Financial record management
Why Join Us
This role provides experienced accounting professionals with responsibility for a significant fixed asset environment within Abu Dhabi\'s established corporate and energy landscape. The position offers broad exposure to asset lifecycle accounting, capital work in progress, financial reporting, audit requirements and Group-wide reconciliations. It provides a strong foundation for professionals seeking to deepen their expertise in asset accounting, financial controls and increasingly complex corporate finance operations.
About the Company
ADNOC Group is a diversified energy organization headquartered in Abu Dhabi with operations spanning the energy value chain. Its finance functions maintain disciplined accounting, reporting and financial control frameworks that support large-scale assets, corporate governance and reliable financial information across the organization.
Key Responsibilities
* Contribute to developing and implementing standardized fixed asset accounting guidelines, procedures and control frameworks.
* Maintain ADNOC HQ fixed asset registers in accordance with approved accounting policies and procedures.
* Record asset additions, disposals and transfers accurately to ensure fixed asset balances properly represent underlying transactions.
* Review asset acquisitions, transfers, issues, write-offs and other movements and verify that appropriate accounting records are maintained.
* Calculate and document monthly depreciation in accordance with applicable accounting policies.
* Prepare information required to execute depreciation runs and ensure depreciation is correctly transferred to the General Ledger.
* Review system interface reports and assess the consistency and reasonableness of fixed asset data submitted by Group Companies.
* Reconcile ADNOC HQ fixed asset registers with corresponding Group Company asset records and investigate differences.
* Maintain detailed year-to-year records of capital work in progress.
* Provide capital work in progress information to relevant Directorates for management reporting and decision-making.
* Monitor asset capitalization information and maintain appropriate supporting documentation throughout the asset accounting lifecycle.
* Prepare annual fixed asset schedules supporting balance sheet and profit and loss account reporting.
* Develop procedures for physical verification and inventory of fixed assets.
* Participate in physical asset counts and reconcile inventory results against accounting registers.
* Investigate discrepancies identified between physical assets and fixed asset accounting records.
* Prepare fixed asset schedules and supporting information required for financial statements.
* Provide documentation and reconciliations required for internal and external audit activities.
* Coordinate with auditors on fixed asset accounting queries and provide appropriate supporting records.
* Assist in implementing corrective action plans arising from internal and external audit recommendations.
* Maintain accurate documentation and audit trails for significant fixed asset transactions.
* Coordinate with ADNOC Directorates and Group Companies on fixed asset, accounting and audit-related matters.
* Identify opportunities to improve asset accounting controls, reconciliation processes and reporting efficiency.
* Develop practical improvements that strengthen fixed asset data quality and financial control.
* Provide input for departmental budgets and investigate significant variances where required.
* Prepare fixed asset information for MIS and management progress reports.
* Supervise assigned activities and support development of staff through technical guidance and knowledge transfer.
* Perform other related fixed asset accounting responsibilities assigned by the supervisor.
Ideal Profile
* Bachelor\'s Degree in Accounting or Finance.
* Minimum 8 years of relevant experience in Accounting and Finance.
* Strong practical experience in fixed asset accounting and asset register management.
* Sound knowledge of asset capitalization, depreciation, transfers, disposals and write-offs.
* Experience maintaining and reconciling fixed asset sub-ledgers with the General Ledger.
* Understanding of capital work in progress accounting and capitalization processes.
* Ability to prepare fixed asset schedules supporting financial statements.
* Experience conducting or supporting physical fixed asset inventories and subsequent reconciliations.
* Strong understanding of balance sheet accounting and financial control principles.
* Experience reviewing system-generated financial and asset interface reports.
* Familiarity with internal and external audit requirements relating to fixed assets.
* Ability to investigate accounting discrepancies and implement appropriate corrective actions.
* Strong attention to detail when managing high-volume financial and asset information.
* Experience working with ERP financial systems, fixed asset modules and spreadsheet applications.
* Ability to coordinate effectively with finance teams, Group Companies, business Directorates and auditors.
* Good written and verbal knowledge of English and Arabic.
Skills Set
* Fixed asset accounting
* Fixed asset register management
* Asset capitalization
* Asset acquisition accounting
* Asset transfer accounting
* Asset disposal
* Asset write-off
* Depreciation accounting
* Monthly depreciation
* General Ledger reconciliation
* Fixed asset reconciliation
* Balance sheet reconciliation
* Capital work in progress
* CWIP accounting
* Physical asset inventory
* Asset verification
* Financial reporting
* Financial statement schedules
* Balance sheet reporting
* Profit and loss reporting
* System interface reconciliation
* Accounting controls
* Internal controls
* Audit support
* Internal audit
* External audit
* Audit action plans
* ERP financial systems
* Fixed asset modules
* Microsoft Excel
* MIS reporting
* Financial data analysis
* Accounting process improvement
* Asset accounting policies
* Financial record management
Why Join Us
This role provides experienced accounting professionals with responsibility for a significant fixed asset environment within Abu Dhabi\'s established corporate and energy landscape. The position offers broad exposure to asset lifecycle accounting, capital work in progress, financial reporting, audit requirements and Group-wide reconciliations. It provides a strong foundation for professionals seeking to deepen their expertise in asset accounting, financial controls and increasingly complex corporate finance operations.
About the Company
ADNOC Group is a diversified energy organization headquartered in Abu Dhabi with operations spanning the energy value chain. Its finance functions maintain disciplined accounting, reporting and financial control frameworks that support large-scale assets, corporate governance and reliable financial information across the organization.
