Fixed Asset Accounting Lead at Barrick Gold Corporation

Job Description:

Latest job information from Barrick Gold Corporation for the position of Fixed Asset Accounting Lead. If the Fixed Asset Accounting Lead vacancy in Balochistan matches your qualifications, please submit your latest application or CV directly through the updated Jobkos job portal.

Please note that applying for a job may not always be easy, as new candidates must meet certain qualifications and requirements set by the company. We hope the career opportunity at Barrick Gold Corporation for the position of Fixed Asset Accounting Lead below matches your qualifications.

Department

Finance

Position

Fixed Asset Accounting Lead

Location

Reko Diq Mine Site – Balochistan

Qualification

CA, ACCA, or equivalent professional accounting qualification.

Experience

Minimum 8 years in finance, including at least 3 years in a similar role.

Requirements

• Strong knowledge of accounting principles, standards, and financial reporting requirements.
• Hands-on experience with SAP (Fixed Asset module) and/or other ERP systems such as Oracle.
• Excellent analytical and problem-solving skills with meticulous attention to detail.
• Proven leadership and team management abilities, with the capacity to mentor and develop staff.
• Strong communication and interpersonal skills to effectively collaborate with stakeholders.

Responsibilities

• Review costs capitalized in construction-in-progress and profit & loss accounts to ensure accuracy per IAS 16.
• Monitor the compilation of project costs into fixed asset accounts and close accounts upon project completion, including development and approval of asset addition forms.
• Conduct periodic meetings with project owners to track project progress and document rationale for long-outstanding projects.
• Track owners and other indirect costs capitalized in construction-in-progress and allocate costs to completed assets.
• Oversee acquisition, capitalization, tagging, and disposal of all fixed assets, maintaining the fixed asset register and system.
• Collaborate with EPCM to align capitalization of company-managed packages.
• Review and implement PPE accounting policies and procedures in line with the parent company, reconciling balances between local and group reporting.
• Assess indicators of impairment for assets and CGUs at each reporting period, performing impairment testing as needed.
• Work with the sustainability team to calculate and recognize asset retirement obligations, updating records periodically.
• Review newly signed contracts to identify leases and record them according to IFRS 17.
• Record depreciation, perform complex balance sheet reconciliations, and prepare financial reports and analysis for internal and external stakeholders.
• Ensure compliance with company policies, accounting standards (e.g., GAAP), and relevant laws, supporting internal and external audits.
• Develop and implement policies, procedures, and internal controls for fixed asset management, identifying opportunities for efficiency improvements.
• Coordinate with project management, tax, and other departments to provide information, resolve queries, and ensure accurate financial reporting.
• Mentor and guide junior staff, including Fixed Asset Technicians, providing direction on complex technical issues.

Job Info:

• Company: Barrick Gold Corporation
• Position: Fixed Asset Accounting Lead
• Work Location: Balochistan
• Country: PK

How to Submit an Application:

After reading and understanding the criteria and minimum qualification requirements explained in the job information Fixed Asset Accounting Lead at the office Balochistan above, immediately complete the job application files such as a job application letter, CV, photocopy of diploma, transcript, and other supplements as explained above. Submit via the Next Page link below.