Introduction
Railways for the world of tomorrow.
Responsibilities
For the Qatar Rail project we are looking for a Fixed Asset Expert (f/m/d) from the railway domain, who is experienced in providing a detailed fixed cost at an appropriate level of granularity according to requirements of the International Accounting Standards on Fixed Assets (IAS-16). You will also support the Operations, Maintenance & Finance department to identify the cost of capitalized assets at an appropriate assets level in Qatar Rail.
The job opening is located in Doha, Qatar, and offers exciting challenges and potential for career growth.
Deutsche Bahn’s expertise is in high demand all around the world. As a leading engineering and consulting company in the rail sector, DB Engineering & Consulting offers that knowledge – starting with an idea and continuing all the way to operations. We advise our customers in Germany and around the globe, develop technically sophisticated and customized infrastructure, mobility and transport solutions. With sustainable concepts, we ensure the future success of economic regions, make important contributions to the protection of the environment and help shape the world of the future.
Since 1966, DB Engineering & Consulting has implemented thousands of projects of any size and complexity in over 100 countries. About 5,000 employees from 84 nations are currently realizing the projects of our customers with professional knowledge and intercultural experience.
Responsibilities:
Implement best practice approach to fixed assets accounting
Ensure that cost break down analysis of project components is consistent with Qatar Rail reporting requirement and potential financial disclosure needs
Work with contractors to obtain asset pricing
Apply applicable depreciation rules according to International Financial Reporting Standards (IFRS)
Use appropriate costing models to assign capital expenditure to asset base and maintain proper reporting of all asset-related matters on a monthly basis
Guarantee the proper reconciliation of assets-related accounts
Maintain accurate and up-to-date project fixes asset register
Perform integration with operator systems to ensure accuracy and consistency of fixed asset information
Close the financial periods with fixed assets modules
Identify areas where processes can be standardized and simplified
... Read more
Qualifications
Qualifications:
Bachelor’s degree in Engineering
Minimum 10 years of experience of working in a railway company or in a rail infrastructure project with the relevant/specialized skill
Knowledge of Railway/Metro and Tram fixed assets register set-up including various asset class/sub-classes
Ability to review, understand, interpret as-built data (COBie files) / drawings (including BIM) and the quantitative determination of structures etc.
Cost allocation knowledge across various sub-systems in stations, tunnels etc.
Experience in detailed documentation of methodology followed, assumptions and internal benchmarks used in setting up the fixed assets register
Reasonable understanding of International Financial Reporting Standards related to Fixed Assets (IAS – 16 – Property Plant and Equipment)
Excellent communication skills, English written & verbal, are essential to succeed in this role
Mature approach and relevant experience is vital
Advanced knowledge in MS Office Applications, Share Point Online, Document Management Software.
Locally valid driving license required
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