Intangible Asset Accountant

Al  | Full-Time / 1 Year Contract

Khobar, Saudi Arabia | Posted on 04/04/2028

• Be Part of the Legacy: Join a club that’s redefining the future of Saudi sports, striving to lead the competition and set new standards of excellence.
• Experience the Culture: Thrive in an environment that values quality, accountability, diversity, synergy, innovation, and ambition, while embracing harmony. This is the Qadsiah Way.

Be Part of a Legacy Bigger Than the Game

At Al-Qadsiah Club we create more than teams! We’re crafting a 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 generations while shaping the future of Saudi sports.

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

OVERVIEW:

Al Qadsiah Club is seeking a detail-oriented Assets Accountant to manage the full lifecycle of fixed assets and intangible assets and right-of-use assets, ensure accurate financial reporting, and support asset optimization across the organization. The role contributes to financial control, compliance, and operational efficiency while collaborating with cross-functional teams.

KEY RESPONSIBILITIES:

• Maintain full responsibility for the end-to-end accounting of fixed assets, including tangible and intangible assets and right-of-use assets, from acquisition through to disposal.
• Record fixed asset acquisitions, disposals, transfers, and depreciation accurately within the accounting system.
• Create, implement, and monitor controls, procedures, and documentation for the effective management of fixed assets.
• Maintain and reconcile the fixed asset register and capital work-in-progress (CWIP) accounts to the general ledger on a monthly basis.
• Track project costs, close asset accounts upon project completion, and ensure alignment with capital budgets and management approvals.
• Conduct periodic physical asset counts, verifications, impairment reviews, and obsolescence assessments.
• Recommend asset disposals and provide analysis to support capital investment decisions.
• Prepare audit schedules related to fixed assets and leases and support internal and external audit enquiries.
• Manage the asset for expenditure process, monitor and report capital expenditure against approved budget items on a monthly basis.
• Record the acquisition of player registrations (transfer fees, agent fees, and other direct costs) as intangible fixed assets in accordance with IAS 38 and the accounting policies of the Company.
• Manage intangible asset register, player workings and schedules to calculate the impact of required adjustments including monthly amortization of expenses.
• Track variable payments for the acquisition of assets and record such variable payments in accordance with the accounting policy of the Company.
• Manage lease accounting in line with IFRS 16, including assessment of contracts, recognition of right-of-use assets and lease liabilities, and ongoing reporting.
• Prepare monthly lease accounting entries, reconciliations, forecasts, and disclosures.
• Collaborate with finance, project, and operational teams to ensure accurate capital and lease reporting.
• Identify and implement continuous improvements within capital and lease accounting processes.
• Support the Finance Manager and wider finance team with ad hoc analysis and reporting as required.
• Provide guidance and on-the-job training to junior team members and support knowledge-sharing initiatives.
• Identify opportunities to enhance systems, processes, productivity, and cost efficiency.

EDUCATION, QUALIFICATION AND EXPERIENCE

REQUIRED:

• Bachelor’s degree in Accounting or Finance
• Professional Qualification (SOCPA, ACA, CPA, ACCA, CIMA or equivalent) would be preferred
• 3–6 years of asset accounting experience

PERSONAL SPECIFICATION – SKILLS & ATTRIBUTES:

• Proven experience in capital or fixed asset accounting, ideally within a large or international organization.
• Strong understanding of accounting…