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MAIN JOB PURPOSE
To timely, accurately record and capitalize assets as they are placed in service, and record transfers and dispositions of assets in the fixed assets modules & communicate with departmental personnel involved in these processes from acquisition to disposal.
JOB SUMMARY
- Create and monitor a system of controls (GFCF), policies and procedures for the recordation of fixed assets.
- Participate in month-end closing activities and working closely with the rest of the finance team.
- Record fixed asset acquisitions and dispositions in the accounting system and ensure such are tagged within policy period.
- Monitor and enforce compliance on capitalization policies and procedures
- Track the compilation of project costs into fixed asset accounts, and close out those accounts once the related projects have been completed.
- Investigate the potential obsolescence of fixed assets
- Ensure monthly timely reports submitted via reporting tool or as required – Marlin tool
- Represent the company during any audits that involve fixed assets
- Track company expenditures for fixed assets in comparison to the capital budget and management authorizations.
- Prepare audit schedules relating to fixed assets, and assist the auditors in their inquiries.
KEY REQUIREMENTS
- Bachelor’s degree in accounting or finance desired but not a must.
- Holder of Professional qualification vis CPA, C.I.M.A or any other from recognized body.
- At least 2-3 Years’ Experience in FMCG as Fixed Asset accountant or similar role desirable.
- Experience working with MRP and/or ERP systems (SAP)
- Progressive Financial Analysis experience preferred
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