Fixed Asset Accountant (Junior) – Umhlanga

Job Description

We have an exciting opportunity available for a Fixed Asset Accountant (Junior) to be based in Umhlanga.

The position will be accountable for guiding the acquisition of fixed assets, recording the cost of newly-acquired fixed assets (both tangible and intangible), tracking existing fixed assets (including transfers between branches), calculating and processing monthly depreciation, accounting for the disposition of fixed assets and maintenance of tax asset registers.

Minimum Requirements

A relevant Accounting qualification

Valid Driver’s License and own transportation

Pastel Evolution or Similar Accounting Software Advantageous

Experience in Fixed Assets Responsibilities

Monitor system of controls, procedures, and forms for the complete and accurate recording of fixed assets

To ensure the accurate and complete recording of asset movements between branches and reg • ionsTo track assets in transit and assets undergoing out of site repairs and maintenance

To ensure that all responsible parties are aware of their roles and responsibilities regarding the assets of Hollywood Sportsbook Group, International Group and the Winning Form Group

To ensure the accounting treatment of assets acquired and disposed are in accordance with the accounting standard

To ensure that fixed assets are not written off, scrapped or disposed of without proper authorization

To ensure that preventative measures are in place to eliminate theft, loss and misuse

Review fixed asset acquisitions and dispositions accurately and completely in the accounting system

Review and update the detailed schedule of fixed assets/asset management software on a monthly basis

Ensure that the detailed schedule of fixed assets/asset management software is up to date at all times

Perform the monthly depreciation calculation and process depreciation in the accounting system

Complete reconciliation between the fixed asset register/asset management software and Pastel on a monthly basis

Investigate the potential obsolescence of fixed as • setsConduct periodic impairment reviews for intangible and tangible assets

Recommend to management whether fixed assets should be disposed of or scrapped

Prepare audit schedules relating to fixed assets and assist the auditors on their enquiries

Represent the company during any audits by a third party that involve fixed assets

Track company expenditures for fixed assets in comparison to the capital budget and management authorizations

Assist management in the drafting of capital expenditure budget, capital forecasts and year to date spend

Effectively deal with internal and external parties (auditors, etc) where required

Engage with the accounting team and other departments to ensure proper and efficient accounting methods as well as understanding the business needs of other departments

Assist in the development and documentation of fixed assets processes and procedures and implementation and monitoring there Control the maintenance of a branch level fixed asset register for assets not meeting the asset recognition criteria in terms of the asset policy and procedure

Skills

Demonstrates a high level of integrity, trustworthiness & reliability

Excellent problem-solving ability

Demonstrate strong attention to detail

Good communication and interpersonal skills

Please note that only team members who meet the stipulated minimum requirements will be considered

https://www.linkedin.com/jobs/view/fixed-asset-accountant-junior-at-winning-form-group-4037753572