Job title : Fixed Asset Controller 1 (12543)
Job Location : Gauteng,
Deadline : November 24, 2024
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DUTIES AND RESPONSIBILITIES:
BUSINESS OPERATIONAL EFFICIENCY
- Maintain fixed asset register of departments, business units or provinces to which assigned.
- Accurately record newly acquired assets.
- Allocate bar codes to fixed assets and create/update master records.
- Identify and validate by means of verification through bar-code label linked to the asset tracking system and the fixed asset register.
- Identify assets clearly through accurate descriptions contained in the fixed asset register.
- Update fixed asset register with any transfers of assets between cost centres and physical locations.
- Recommend the corrective measures and process the applicable form for unutilised assets to be signed off by the supervisor.
- Check forms completed for the write off, of obsolete/stolen assets for completeness and accuracy before capturing on system and submitting it to the supervisor.
- Record profit or losses on disposals of fixed assets as per invoices received.
- Conduct and validate physical verification of fixed assets for every asset at least once per annum.
- Record results of the physical verification against fixed asset register and report differences to supervisor for approval to amend the register.
- Analyse and clear asset–under-construction accounts in the general ledger on a regular basis on minor and major projects.
- Accurately classify and reclassify all fixed assets in the fixed asset register.
- Identify and correct inaccurate entries in the fixed asset register.
- Monitor and review work performed by asset verifiers.
- Remind end-users to report any fixed assets losses.
- Perform ad-hoc assignments as required by the Supervisor.
STAKEHOLDER MANAGEMENT
- Liaise with the Insurance Department to enable the processing of relevant documents for lost, stolen or damaged fixed assets.
- Liaise with Capex Administration to identify problems in the assets under construction accounts.
- Timeous resolution of fixed assets related queries.
- Consult with clients and employees with queries related to Assets.
- Consult and advise internal clients with queries related to assets management.
GOVERNANCE, RISK AND COMPLIANCE
- Understanding and applying of all relevant statutes, BCEA, LRA, and PFMA.
- Ensuring compliance with relevant laws and regulations.
- Update fixed asset register for assets sold or written off as approved in accordance with policies.
- Continuously inform/advise/update all employees on policies, procedures and new developments.
INHERENT/MINIMUM REQUIREMENTS
QUALIFICATIONS
- Grade 12
- Degree or National diploma in accounting NQF 6/ 7 or relevant qualification
EXPERIENCE
- 3 years financial accounting / fixed assets experience
How to Apply for this Offer
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