Job Role of Hospital fixed assets audit executive is primarily responsible for maintaining an accurate and comprehensive inventory of the hospital's fixed assets, including medical equipment, machinery, furniture, and other capital assets. The role involves conducting Physical Verifications and audits to verify the existence and condition of these assets, tracking their acquisition, disposal, and movement, and ensuring proper documentation and compliance with relevant regulations. This position also collaborates with finance and accounting teams for asset valuation, prepares reports on asset status, depreciation, and supports budgeting and financial analysis related to fixed assets. Additionally, the executive coordinates with various departments such as procurement and maintenance to ensure asset management efficiency and supports internal and external audit processes. Key job duties include: Maintaining the hospital fixed asset register and records Conducting periodic physical audits and reconciliations Calculating and recording depreciation according to accounting standards Coordinating asset acquisition, disposal, and transfer documentation Collaborating with finance on asset valuation and financial reporting Ensuring compliance with healthcare industry asset management policies Preparing fixed asset reports for management review Assisting in budget preparation and forecasting for asset-related expenditures Coordinating maintenance and repair activities for assets