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Asset Controller

Asset Controller

SOESRiyadh, Riyadh Region, Saudi Arabia
30+ days ago
Job description

Establishing the Fixed Asset Control Policy in accordance with Nestle Fixed Asset Management Guidelines. Classifying new fixed assets on a monthly basis and reconciling with the approved investment budget as the Annual Envelope. Coordinating with factory and branch accountants to ensure fixed assets are affixed with tags properly. Justifying fixed assets write-off proposals from requestors / cost center heads. Performing the physical count yearly with fixed asset owners. Aligning with the Sales team for trade asset management and ensuring their records agree with the accounting registered list. Evaluating the ROIC of trade assets in both business units : Retail and Home & Office Delivery. Providing fixed assets depreciation calculation to the costing and accounting team according to Nestle Accounting Standards for both actuals and forecasts. Tracking monthly capital expenditures and reporting in the Nestle system CIAT. Involving in annual Investment Budgeting and coordinating with the Production area to consolidate at the corporate level. Conducting Net Trade Working Capital (NTWC) management and reporting to Nestle Waters Group the SSMT report. Coordinating with the manufacturing area to analyze the performance of Operation Excellence initiatives. Other tasks / projects as assigned.

Job Specification

Reducing fixed assets loss, ensuring proper fixed asset tags, analyzing ROIC of trade assets, and implementing fixed asset management across all sites. Reducing NTW and ensuring on-time reporting.

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Controller • Riyadh, Riyadh Region, Saudi Arabia

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