Financial Accountant – Fixed Assets

Introduction

Our client is the largest manufacturer of unsaturated polyester resins in Africa and a leader in developing and supplying innovative test technology for composites and allied industries.

The company manufactures and supplies high-quality resins, ancillary products and accessories, and processing equipment suitable for all fabricating methods.

Duties & Responsibilities

Control and manage fixed assets across the business.

Project Management

• Attend regular meetings with various business managers to ensure accurate information is available to project teams on the progress of each Capex project.
• Maintain capex progress sheets and distribute to business managers on a regular basis with updated information.
• Ensure that the Capex WIP accounts are updated regularly for Tangible and Intangible assets.
• Supporting Business in ensuring that all projects are correctly classified between Capex and Opex.
• Provide input to the Business on all costings of the projects including NPV calculations and Payback models.
• Ensure all documentation is complete prior to submitting to management for approval.
• Management approval is submitted via Docusign once all documents are in order (NPV, Payback calc, 3 Quotations, and justification from the Business)

Asset Register Maintenance

• Ensure all projects are in line with the current approved Budget and if necessary, provide details of project substitutions.
• Maintain a file with all current projects underway and all relevant documentation available.
• Ensure that all projects receive sign-off from Business Managers and projects are subsequently capitalized to the asset register with the correct category and depreciable periods.
• Check all postings to the GL are correct.
• Duties will also include maintenance of the Wear and tear register for tax purposes.
• Maintain an up-to-date sheet of all additions and disposals throughout the year.

Motor vehicles claims

• Maintain a list of all motor vehicles in the company fleet and coordinate any insurance claims with insurers.
• Disposal of vehicles that are scrapped by Insurance.

Reporting

• Produce/Update the monthly Capital Expenditure report for the Management pack.
• Prepare the Creditor’s spend report each month for the Management pack.

Stock Counts and Adjustments

• Act as an Auditor during the quarterly stock counts.
• Local Travel will be required from time to time at the branches.

Budgets

• Interaction with all departments on the Capital expenditure budget processes annually.

ERP Admin

• Month-end closing of Fixed Asset Module.

Balance Sheet Recons

• Perform allocated balance sheet recons within specified time i.e. Cost; Accumulated Depreciation, Work in progress.

Internal Control

• Ensure ALL change control documents are in place and are correctly adhered to.

Adhoc Duties

• As and when assigned.  The tasks will be reasonable and will fall within skills and capabilities.

Desired Experience & Qualification

• Relevant Tertiary qualification (Bachelor’s degree in Accounting or 3-5 years previous experience as Accountant)
• Computer Literate – Advanced Excel experience essential + proven working experience in accounting programs
• Previous asset management experience is an advantage
• Specific proven Sage X3 experience will be an advantage

Should you not receive a response within 14 days of applying, please consider your application unsuccessful.

Package & Remuneration

• Market-Related Salary On Offer