Fixed Asset & Lease Accounting & Reconciliation Analyst - DEODAR at PMCL-JAZZ

Islamabad, Islamabad Capital Territory, Pakistan -

Full Time

Start Date

Immediate

Expiry Date

18 May, 26

Salary

0.0

Posted On

17 Feb, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Fixed Asset Accounting, Lease Accounting, Reconciliation, IFRS-16, SAP RE-FX, FAR Maintenance, Asset Verification, Data Cleansing, Capitalization, Asset Audit, Ind AS 116, Legal Lease Agreements, ERP, Stakeholder Coordination, Reporting, Tracking

Industry

Telecommunications

Description

Job Title: Fixed Asset & Lease Accounting & Reconciliation Analyst Grade: Contractual Location: Islamabad Last date to Apply: 23rd Feb 2026 Role Objective (JD Summary) Support the physical verification of fixed assets across ~10,500 tower sites by validating vendor verification outputs, reconciling them with the Fixed Asset Register (FAR), and ensuring accurate capitalization, tagging, location mapping, and compliance. Support IFRS-16 compliance by verifying lease contracts, validating commercial terms, and accurately configuring and uploading lease data into SAP RE-FX, ensuring correct recognition of ROU assets and lease liabilities across tower sites. Key Responsibilities 1. Vendor Output Validation Review site physical verification reports submitted by field vendors Validate: Asset existence Asset count vs FAR Asset condition, usage, and ownership Tagging / serial number accuracy Onsite visit to sites for output validation Flag discrepancies such as: Missing assets Unrecorded assets Mismatched quantities / descriptions Incorrect site or cost center mapping 2. FAR Reconciliation & Clean-Up Reconcile physical verification results with FAR master, CWIP records and Retired / transferred asset registers Prepare adjustment proposals: Capitalization / de-capitalization Asset splitting or merging Location and custodian corrections Coordinate with Asset Accounting team for postings 3. Data Cleansing & Standardization Standardize: Asset descriptions Asset categories Useful life and depreciation methods Ensure alignment with: Company capitalization policy Accounting standards (Ind AS / IFRS / local GAAP) 4. Reporting & Tracking Maintain site-wise and vendor-wise reconciliation trackers Track: Verification completion % Pending discrepancies Support internal / statutory audit queries related to FAR clean-up 5. Stakeholder Coordination Work closely with: Verification vendors Regional ops / site teams Finance controllership IT / ERP teams (SAP / Oracle / etc.) 6. Lease Contract Verification Review, validate and upload lease agreements in SAP RE-FX module related to: Tower land Rooftop sites Shelter / access / easement arrangements Verify critical IFRS-16 parameters: Lease term (including renewal & termination options) Fixed and variable lease payments Escalation clauses Lease incentives Restoration / dismantling obligations (ARO) Qualification Requirements Mandatory Bachelor’s degree in commerce (B.Com), Accounting, Finance or Business Administration Strong working knowledge of: Fixed asset accounting FAR maintenance Preferred / Value-Add CA Inter / CMA Inter / MBA Finance / ACCA Exposure to telecom / infrastructure / utilities / EPC sectors ERP experience: SAP FI-AA (strongly preferred) Oracle / other asset modules Experience Requirements 2–6 years of relevant experience Must-Have Experience Fixed asset accounting or FAR management Physical asset verification or asset audit support Large-volume data handling (10k+ assets) Reconciliation between physical assets and books Lease accounting under IFRS-16 / Ind AS 116 Hands-on SAP RE-FX contract creation and maintenance Reading and interpreting legal lease agreements Large-volume lease portfolios Behavioral / Project Skills High attention to detail Ability to work with incomplete / imperfect field data Strong follow-up and coordination skills Deadline-driven mindset Comfortable with repetitive, high-volume tasks

Responsibilities

The analyst will support the physical verification of approximately 10,500 fixed assets by validating vendor outputs against the Fixed Asset Register (FAR) and ensuring accurate capitalization and mapping. Additionally, the role involves supporting IFRS-16 compliance by verifying lease contracts and accurately configuring lease data, including ROU assets and liabilities, within SAP RE-FX.