Fixed Asset Accountant (Junior)

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 qualificatio
nValid Drivers License and own transportation
.Pastel Evolution or Similar Accounting Software

.
Advantageou

s:Experience in Fixed Asse

ts
Responsibiliti

es:Monitor system of controls, procedures, and forms for the complete and accurate recording of fixed asse
ts.To ensure the accurate and complete recording of asset movements between branches and regio
ns.To track assets in transit and assets undergoing out of site repairs and maintenan
ce.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 Gro
up.To ensure the accounting treatment of assets acquired and disposed are in accordance with the accounting standa
rd.To ensure that fixed assets are not written off, scrapped or disposed of without proper authorizati
on.To ensure that preventative measures are in place to eliminate theft, loss and misu
se.Review fixed asset acquisitions and dispositions accurately and completely in the accounting syst
em.Review and update the detailed schedule of fixed assets/asset management software on a monthly bas
is.Ensure that the detailed schedule of fixed assets/asset management software is up to date at all tim
es.Perform the monthly depreciation calculation and process depreciation in the accounting syst
em.Complete reconciliation between the fixed asset register/asset management software and Pastel on a monthly bas
is.Investigate the potential obsolescence of fixed asse
ts.Conduct periodic impairment reviews for intangible and tangible asse
ts.Recommend to management whether fixed assets should be disposed of or scrapp
ed.Prepare audit schedules relating to fixed assets and assist the auditors on their enquiri
es.Represent the company during any audits by a third party that involve fixed asse
ts.Track company expenditures for fixed assets in comparison to the capital budget and management authorizatio
ns.Assist management in the drafting of capital expenditure budget, capital forecasts and year to date spe
nd.Effectively deal with internal and external parties (auditors, etc) where requir
ed.Engage with the accounting team and other departments to ensure proper and efficient accounting methods as well as understanding the business needs of other departmen
ts.Assist in the development and documentation of fixed assets processes and procedures and implementation and monitoring there
of.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 procedu