To perform accounting and reporting activities related to Fixed Assets in accordance with Generally Accepted Accounting Principles / IFRS and with appropriate rules and regulations.

• Apply and implement applicable International Financial Reporting Standards (IFRS) and the Public Finance Management Act (PFMA).
• Ensures that the Fixed Asset register is complete, accurate, valid and maintained.
• Maintains the fixed assets inventory system by supervising the recording of all items in the inventory, maintaining pertinent records, and ensuring adequate treatment of fixed asset acquisitions, movements and retirements.
• Work with Engineering department and Project Accountant on placing assets in-service.
• Ensure all assets placed in-service are barcoded.
• Responsible for annual physical fixed assets verification.
• Prepare monthly depreciation on FAR, wear and tear on IFRS Tax Register
• Prepare depreciation for budget purpose annually.
• Review and approve monthly lead schedules and FA control account reconciliations
• Conduct annual useful life exercise on fixed assets and impairment testing
• Conduct annual review of residual values
• Preparation of annual PPE & Intangible Note to the AFS
• Prepare Quarterly report on Fixed Assets
• Assist in month-end closure procedures and assist with tasks relating to the general ledger
• Monitor and review monthly operational expenses, as per departments allocated, against budget and advise and report on variance.

 

B.Com Accounting degree with Articles

 

 Minimum Experience

 

5 – 6 years experience with direct exposure to all aspects of Assets management, WIP management and supervisory experience