Senior Finance Specialist

Role Overview

Senior Finance Specialist at SEVEN. The role manages accounting, control, and reporting of inventory and fixed assets in line with IFRS and company policies across Retail, F&B, Spare Parts, and project operations.

Role Purpose

The Senior Finance Specialist (Inventory & Fixed Assets) is responsible for accurate accounting, control, and reporting of inventory and fixed assets. The role manages the complete fixed asset lifecycle and inventory across multiple business units, supports financial integrity, audit readiness, and effective asset management across projects and operating entities.

Key Responsibilities

Fixed Assets Lifecycle Management

• Manage the full fixed asset lifecycle including creation, capitalization, transfers, depreciation, impairments, and disposals in line with accounting standards.
• Monitor AUC/CWIP and ensure timely and accurate capitalization upon project completion.
• Maintain and reconcile the Fixed Asset Register with the General Ledger and Trial Balance.
• Ensure accurate asset classification, tagging, and useful life assignment.
• Review CAPEX transactions and validate CAPEX versus OPEX classification.

Inventory Management

• Monitor and validate inventory movements across ERP and warehouse systems.
• Perform stock counts, cycle counts, and reconciliations, including variance analysis.
• Support inventory valuation, including provisions, obsolescence, and write-offs under IAS 2.
• Ensure accurate recording of inventory balances and consumption flows.

Accounting, Reporting & Reconciliation

• Prepare and post depreciation, inventory, and related journal entries.
• Support month-end, quarter-end, and year-end closing activities.
• Perform sub-ledger to General Ledger reconciliations for inventory and fixed assets.
• Prepare reports and schedules for management reporting and finance leadership.

Controls, Compliance & Audit

• Ensure compliance with IFRS, internal policies, capitalization thresholds, and Delegation of Authority.
• Support internal and external audits through documentation, reconciliations, and explanations.
• Participate in physical asset verification and inventory counts; resolve discrepancies.

Stakeholder Coordination & Process Improvement

• Coordinate with Procurement, Projects, Operations, and Finance on asset and inventory transactions.
• Review purchase requisitions, purchase orders, and invoices to ensure correct accounting treatment.
• Identify and drive process improvements and system enhancements.
• Support data accuracy and utilization across ERP and sub-systems.

Qualifications & Experience

• Bachelor's degree in Accounting, Finance, or a related field.
• Professional certificate in Finance or Accounting certification (CPA, SOCPA, CFA, or CFP).
• 2–3 years of experience in Fixed Assets or Financial Accounting.
• Strong knowledge of IFRS, particularly IAS 16, IAS 36, and IAS 38.
• Working knowledge of IFRS inventory accounting (IAS 2) and internal controls.
• Experience working in ERP-driven environments (e.g., SAP – FI).

Skills & Competencies

• ERP systems, particularly SAP – FI/MM.
• Inventory and warehouse management systems.
• Fixed asset sub-ledgers and project systems.
• Reporting tools including Excel and Business Intelligence platforms.