Accountant, Financial Reporting

Khobar, Saudi Arabia | Posted on 09/17/2025

• Be Part ofthe Legacy: Join a club that’s redefining the futureof Saudi sports, striving to lead the competition and set new standards of excellence.
• Experiencethe Culture: Thrive in an environment that values quality,accountability, diversity, synergy, innovation, and ambition, whileembracing harmony—this is the Qadsiah Way
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Be Part of a Legacy Bigger Than the Game

At Al-Qadsiah Club we create more than teams! We’re craftinga legacy that goes beyond the game, making an impact both on and off the field.

Driven by ambition, synergy, and innovation, we aim to inspire generationswhile shaping the future of Saudi sports.

This is more than just a job! It’s an opportunity to be part ofsomething larger than yourself. At Al-Qadsiah, you’ll play a key role inshaping our legacy, contributing to the nation’s sports vision, and makinghistory every step of the way.

Overview:

The Accountant responsible for Capital Expenditure (Cap Ex) and the Fixed Assets Register will play a critical role in managing and tracking the company’s investments in capital assets. This position requires oversight of the entire capital expenditure process, including recording, tracking, and reporting fixed assets, as well as ensuring compliance with accounting standards. The role also involves maintaining the fixed assetregister, performing regular reconciliations, and assisting with budgeting and forecasting for capital expenditures.

Key Responsibilities:

• Capital Expenditure (Cap Ex) Management:
• Oversee the recording and tracking of capitalexpenditures in accordance with company policies.
• Assist in the preparation and analysis of capitalbudgets, working closely with relevant departments to ensure that Cap Explans align with company goals.
• Review and verify capital expenditure requests toensure proper authorization, budget alignment, and appropriate coding.
• Prepare detailed capital expenditure reports,highlighting variances from the budget and providing explanations fordeviations.
• Fixed Assets Register Management:
• Maintain and update the fixed assets register,ensuring that all acquisitions, disposals, and adjustments are properlyrecorded.
• Ensure that capitalized assets are correctlyclassified, categorized, and tracked throughout their lifecycle,including acquisition, depreciation, and disposal.
• Track and record depreciation for fixed assets,ensuring compliance with relevant accounting standards (e.g., GAAP,IFRS).
• Perform regular reconciliations of the fixed assetsregister to the general ledger, identifying and resolving discrepanciesin a timely manner.
• Calculate and record monthly depreciation andamortization for all fixed assets, in line with the company’s accounting policies and applicable tax regulations.
• Assist in preparing reports for financial statementsrelated to asset depreciation and amortization.
• Review the useful life and residual value of fixed assets, proposing adjustments as necessary.
• Audit & Compliance Support:
• Assist with internal and external audits by providingsupporting documentation for fixed assets and capital expenditures.
• Ensure that fixed asset records are accurate, and provide information to auditors during year-end audits.
• Ensure compliance with regulatory and tax requirements related to fixed assets, including proper capitalization and taxtreatment.
• Fixed Asset Acquisition & Disposals:
• Manage the process for the acquisition, transfer, and disposal of fixed assets, ensuring that proper documentation is maintained.
• Monitor and record the disposal of fixed assets,including tracking gain or loss on asset disposals.
• Ensure that disposed assets are removed from the fixed assets register in a timely manner.
• Capitalization of Costs:
• Ensure that all capitalized costs are properlyallocated to the correct asset categories (e.g., buildings, equipment,vehicles) and in accordance with accounting policies.
• Review invoices and ensure that only appropriate costsrelated to the acquisition of fixed assets are capitalized.
• Reporting & Analysis:
• Prepare monthly, quarterly, and annual reports oncapital expenditures and fixed assets for management and senior leadership.
• Analyze asset-related data to provide…