Job title : Accountant : Fixed Assets
Job Location : Western Cape, Bellville
Deadline : October 27, 2024
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Duties and responsibilities will entail:
- Full disclosure relating on Annual Financial Statements to Fixed Assets in the Income Statement, Balance Sheet and Notes in terms of accounting standards (IFRS 16)
- Leases & Corresponding Liabilities
- Knowledge of Maintaining the asset register with this class of assets
- Knowledge of capitalisation of lease requirements in terms of IFRS.
- Disclose capital projects i.e. property, plant and equipment according to IFRS standards.
- Knowledge of significant assets and IFRS.
- Liaise with Building Contractors and other major infrastructure and equipment projects
- Budget & Planning
- Forecasting the effect of Future capital investments for Budgets and Five-year Plan
- Knowledge and application of capital budgeting to assist the Management Accountant with Budgets, Forecasting and Five-year Plans
- Developing and maintaining the asset register
- Maintaining accounting and management information relating to fixed assets
- Reviewing and reporting on GL fixed asset and related information to detect potential errors/inconsistencies
- Informing and advising relevant department heads of fixed asset management
- Providing fixed asset related information on request and being available to clarify such information to users and heads of cost centres
- Staying abreast of practical implications of legislation and IFRS changes relating to fixed assets
- Ensuring the accounting for additions, disposals and depreciation of fixed assets is accurately and timeously updated in the ledger
- Providing financial procedural advice relating to various stakeholders
- Responsible for the asset registers and general ledger to ensure completeness, accuracy and validity
- Preparing/assisting with the preparation of various fixed asset accounting related reports required by the Department of Higher Education and other statutory bodies
- Performing various administrative tasks that form part of the Fixed Asset Accounting and Management function of the university
- Design, write, update and enforce policies and procedures which govern fixed assets
- Enforcing the Fixed Asset policy
- Plan, execute and reconcile ad hoc asset counts periodically, carrying out asset counts.
- Attend infrastructure project meetings
Minimum Requirements
- Post matric qualification: Bachelor’s in Accounting (NQF 7)
- 3 years’ relevant experience in fixed assets
- 2 years’ supervisory experience
- Valid Drivers’ Licence with 2 years driving experience
- MS Word (including creating templates, using tables etc.); MS Excel (non-negotiable) including developing reports, using lookups and pivot tables; and an e-mail and scheduling application (preferably G-mail).
Experience with the following software will be a distinct advantage:
- Infor LN or any other ERP system
- Fixed Assets Register system.
How to Apply for this Offer
Interested and Qualified candidates should Click here to Apply Now
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