Accountant: Fixed Assets

We've got an exciting, brand new opportunity at Ackermans as Accountant: Fixed Assets. Part of the Retail Reporting team, this role will report to the Finance Manager and be responsible for ensuring internal controls are in place for accurate and timeous reporting of financial information to support optimal decision making in the Fixed Asset environment in order to assess and minimize potential risk. To manage and develop the team reporting into this role and to focus on continuous review and improvement of the Fixed Assets department.

We're a fully in-office team. This role is based at our Support Centre in Kuils River, Cape Town.

Key responsibilities:

• Fixed Asset Management & Reporting
• Prepare & Analyse monthly and YTD Capex and Depreciation reports
• Reporting of budget variances on all Property, IT and DC projects as well as any other business projects
• Identifying discrepancies or variances in financial and budget reports, and taking corrective action where appropriate
• Obtain latest Capex forecasts
• Preparation of reporting required for the Annual Financial Statements and Movement Schedule reports used for the preparation of the Reporting packs
• Providing ad hoc reports and information to management
• Collation of the annual Capex budgets and 3 year plan
• Preparation of the annual Depreciation budgets and 3 year plan
• Monitor the FAR (Fixed Asset Register) to identify which assets may be disposed
• Monitor prepaid and Work-in Progress accounts to ensure the timely capitalization of assets
• Updating and maintaining Fixed Asset SOPs
• Updating and maintaining all Fixed Asset process/control forms
• Review of monthly reports
• Ad hoc review of data captured to the FAR register
• Fixed Assets Reconciliations
• Review and provide commentary for all Fixed Asset reconciliations
• FAR (Fixed Asset Register) to TB (Trial Balance)
• Prepaid accounts
• IT and Investment Committee project office accounts
• TI (Tenant installation) allowance accounts
• Asset proceed accounts
• Processes & Controls
• Take the lead in identifying issues relating to the asset management system that require attention and/or development
• Take initiative in developing processes & procedures to gain efficiencies & increase effectiveness
• Manage the month end and year-end processes
• Team Management
• Performance management
• Clear communication & achievement of objectives
• Team Development
• Recruitment
• Management of Audit processes
• Review and provide requested information for audit purposes
• Online Payment authorization and Cash flow management
• Review and approval of EFT payments
• Providing Cash flow information

Qualifications required:

Essential:

• Bachelors Degree in Finance / Accounting or similar

Preferred:

• Completed articles

Experience required:

Essential:

• At least 3 years relevant Finance experience
• At least 2 years within Fixed Assets in a SAP environment
• Minimum of 2 years people management experience

Preferred:

• Experience in working with the retail corporate environment

Knowledge & skills required:

• Expert knowledge of financial reconciliations
• Good knowledge of fixed asset processes
• Excellent knowledge of IAS 16: Property, plant and equipment
• Solid knowledge of basic accounting principles and their application
• Good communication skills verbal and written
• Computer skills advanced MS Excel
• SAP system experience
• Management skills
• Interpersonal skills
• Ability to work independently as well as in a team
• Ability to work under pressure
• Attention to detail
• Deadline driven
• The ability to:
• deal with large volumes of work
• time management skills
• analytical thinking
• effective problem solving