Maintain the fixed asset register and asset general ledger • Record fixed asset acquisitions and dispositions in the accounting system • Reviewing and updating detailed schedules including annual additions and disposals, accumulated depreciation. Conduct periodic physical inventory counts of fixed assets • Run monthly depreciation for all fixed assets on the asset management system • Assign tag numbers to all newly acquired assets •Preparation of reports and reconciliations relating to fixed assets Investigate the potential obsolescence of fixed assets • Review asset acquisitions to ensure that assets are categorised correctly in terms of the Asset Management Policy • Verify that the cost of the asset is correct in terms of the Asset Management Policy and that all applicable costs have been included • Administer and manage the movement of assets in the Authority • Stock control ensuring that the right quality and quantities are received and issued as per the approved requests.
Job Requirements:
Relevant 3 years National Diploma or Degree in Financial Management or Accounting coupled with 3 years practical experience in financial assets management environment. An ideal candidate must have extensive financial management background and knowledge of PFMA and Accounting Standards relating to assets. Possession of a valid drivers licence will be an added advantage. Recognition of Prior Leaning (RPL) and applicable knowledge and experience on the Job may be considered during the selection process.
