Accountant – Fixed Assets and Project Accounting
Posted date [2026-03-23]
(ID: 42999)
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As the largest bank in the UAE, FAB has taken decisive steps as a regional pacesetter in the financial industry to bind both ambition and action together to accelerate the pace of positive environmental change. As the first bank in the MENA region to have committed to a target of net-zero emissions by 2050, we're making advances across our own operations in addition to walking alongside our clients as their strategic partner to ensure they can achieve their climate goals.... |
Job Snapshot
* Role: Accountant Fixed Assets and Project Accounting
* Location: Abu Dhabi UAE
* Industry: Banking
* Experience: 5+ years
* Job Type: Full-time
Position Overview
Accountant – Fixed Assets and Project Accounting Abu Dhabi UAE banking role offers a strong opportunity for finance professionals to manage asset accounting, inter-entity recoveries, and project financial tracking within a structured banking environment. The bank is actively hiring candidates with GL reconciliation, fixed assets management, and project accounting experience to support financial accuracy and operational efficiency.
Job Details
Country: UAE
City: Abu Dhabi
Industry: Banking
Function: Finance
Salary: 8000-12000
(Estimated salary range based on similar jobs in Abu Dhabi;
please confirm the final offer with the employer.)
Gender: Any
Candidate Nationality: Any
Job Type: Full-time
Role Context
This role supports core finance operations by ensuring accurate accounting of fixed assets, project costs, and inter-branch recoveries. It plays a key role in maintaining financial integrity, supporting reporting requirements, and ensuring compliance with internal controls and banking standards.
Key Responsibilities
* Perform monthly reconciliation of recovery GL accounts for international branches and entities
* Coordinate with international stakeholders to confirm recovery balances and resolve discrepancies
* Process accounting entries in financial systems for inter-entity recoveries
* Manage fixed assets lifecycle including capitalization, tagging, and record maintenance
* Ensure accuracy of asset entries and maintain CIP and WIP tracking records
* Conduct periodic asset verification and spot checks to ensure compliance
* Maintain project accounting records and monitor project financial status
* Coordinate with project managers to ensure timely closure and accurate reporting
* Capitalize project-related assets in line with accounting standards
* Review and proof GL accounts related to recoveries, assets, and projects
* Prepare MIS reports and support financial analysis requirements
* Contribute to process improvements and ensure adherence to SOPs
Ideal Profile
* Bachelor’s degree in Accounting, Finance, or related discipline
* Around 5+ years of experience in accounting, preferably within banking or financial services
* Strong knowledge of fixed assets accounting and project accounting principles
* Experience in GL reconciliation and financial reporting
* Familiarity with ERP systems such as Oracle Fusion or T24
* Strong attention to detail and ability to manage multiple tasks efficiently
* Good communication skills for stakeholder coordination
Skills Set
* Fixed assets management and capitalization
* Project accounting and WIP tracking
* General ledger reconciliation
* Financial reporting and MIS preparation
* ERP systems such as Oracle Fusion and T24
* Data accuracy and audit compliance
* Stakeholder coordination and communication
Why Join Us
* Opportunity to work within a leading UAE banking institution
* Exposure to structured finance operations and enterprise systems
* Stable role with strong demand for accounting expertise
* Growth opportunities in financial control and reporting functions
* Professional and process-driven work environment
About the Company
First Abu Dhabi Bank is the UAE’s largest financial institution, headquartered in Abu Dhabi, delivering comprehensive banking services with a strong focus on financial control, operational excellence, and sustainable growth across regional and global markets.
