NOK human capital is hiring Fixed Asset Accountant / Management Accountant* – Oilfield Services Company**
About the Company
Our client is a leading oilfield services company providing integrated solutions to the oil & gas industry across the Middle East, North Africa, and Asia.
Job Summary
The role ensures all asset transfers, disposals, and lifecycle changes are executed in SAP in compliance with company policy and internal control requirements, while maintaining alignment with operational equipment records and physical asset tracking.
Key Responsibilities
- Execute and control asset transfers, disposals, and retirements in SAP, verifying approvals, documentation, and physical movement before posting.
- Ensure correct allocation (company code, cost center, profit center) and maintain a full audit trail for all asset transactions.
- Calculate and review gain/loss on disposals and prevent unauthorized or premature retirements.
- Enforce approval workflows, identify control gaps, and escalate policy violations.
- Keep SAP Fixed Assets (FI-AA) aligned with SAP PM equipment records, and coordinate with maintenance and operations on equipment changes.
- Prepare monthly asset movement, depreciation, and NBV reports, and reconcile FI-AA balances with the General Ledger.
- Support month-end, quarter-end, and year-end close, internal and external audits, and periodic physical verification.
Requirements
- Bachelor's degree in Accounting or Finance.
- 2–3 years of fixed asset accounting experience in industrial or oilfield services environments.
- Strong SAP FI-AA experience (required).
- SAP PM integration with MM and PM experience (strongly preferred).
- Knowledge of asset control frameworks.
- Advanced computer proficiency.
- English is a must.
Key Competencies
- Strong internal control mindset
- High attention to accuracy and compliance
- Cross-functional coordination with operations and logistics
- Analytical and problem-solving skills
- Ability to challenge discrepancies and enforce policy compliance
Performance Success Indicators
- Zero unauthorized or unsupported asset movements.
- Accurate and fully reconciled asset register.
- Timely processing with full workflow compliance.
- Positive audit outcomes with no major findings.
- Improved asset traceability and control visibility.
Job Details
- Reporting to: Asset Management Supervisor
- Location: Maadi, Cairo
- Days off: Friday & Saturday
- Working hours: 8 hours daily, from 9:00 AM to 5:00 PM
- Benefits: Medical insurance and social insurance
