MINIMUM REQUIREMENTS:

• An Honours degree or an equivalent NQF 8 qualification in Accounting.
• A minimum of five (5) years’ experience in asset accounting and management.

KEY RESPONSIBILITIES:

Tangible and Intangible Asset Management and Accounting

• Review of fixed asset register and ensure that it is updated, clearly described and understandable.
• Review physical asset verifications and provide guidance on how to account for items not found or items found and not on the register.
• Review of depreciation and amortisation calculations on physical assets.
• Review analytics performed on all physical assets.
• Review the asset disposal memorandums for Head Office and regional disposals.
• Determine and calculate impairment of intangible assets.
• Draft and update all policies related to tangible and intangible assets.

Investment Property Accounting

• Provide guidance and review accounting performed for investment property accounting.
• Draft and update all policies related to investment properties.
• Liaise with the property management companies to determine the non-current assets held for sale ensuring compliance to IFRS / GRAP.
• Calculate fair value adjustments on investment properties.

Assets Under Construction Accounting

• Review the Assets Under Construction register.
• Review register of completed projects with the takeover certificates (TOCs) and final payment certificate as supporting documentation.
• Draft and update all policies related to Assets Under Construction.

Reconciliations and Reporting

• Review all monthly reconciliations performed on fixed assets, intangible assets, and investment properties, reviewing anomalies or differences identified by asset accountants.
• Preparation of assets-related notes to the Annual Financial Statements.
• Coordinating the capital commitments with the provincial offices.

Manage and Develop Team

• Manage the efforts of the Asset Accountant/s to execute asset accounting activities.
• Provide mentorship to Asset Accountants, including talent management, performance management, and training and development.
• Provide ongoing supervision and guidance to staff (on-the-job training).