
Fixed Asset Accountant (Junior)
- Umhlanga, KwaZulu-Natal
- Permanent
- Full-time
- A relevant Accounting qualification
- A valid South African Driver's License and own transportation.
- Pastel Evolution or Similar Accounting Software.
- 1-2 Years experience in Fixed Assets.
- Monitor system of controls, procedures, and forms for the complete and accurate recording of fixed assets.
- To ensure the accurate and complete recording of asset movements between branches and regions.
- To track assets in transit and assets undergoing out of site repairs and maintenance.
- 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 Group.
- To ensure the accounting treatment of assets acquired and disposed are in accordance with the accounting standard.
- To ensure that fixed assets are not written off, scrapped or disposed of without proper authorization.
- To ensure that preventative measures are in place to eliminate theft, loss and misuse.
- Review fixed asset acquisitions and dispositions accurately and completely in the accounting system.
- Review and update the detailed schedule of fixed assets/asset management software on a monthly basis.
- Ensure that the detailed schedule of fixed assets/asset management software is up to date at all times.
- Perform the monthly depreciation calculation and process depreciation in the accounting system.
- Complete reconciliation between the fixed asset register/asset management software and Pastel on a monthly basis.
- Investigate the potential obsolescence of fixed assets.
- Conduct periodic impairment reviews for intangible and tangible assets.
- Recommend to management whether fixed assets should be disposed of or scrapped.
- Prepare audit schedules relating to fixed assets and assist the auditors on their enquiries.
- Represent the company during any audits by a third party that involve fixed assets.
- Track company expenditures for fixed assets in comparison to the capital budget and management authorizations.
- Assist management in the drafting of capital expenditure budget, capital forecasts and year to date spend.
- Effectively deal with internal and external parties (auditors, etc) where required.
- Engage with the accounting team and other departments to ensure proper and efficient accounting methods as well as understanding the business needs of other departments.
- Assist in the development and documentation of fixed assets processes and procedures and implementation and monitoring thereof.
- 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 procedure.
- Demonstrates a high level of integrity, trustworthiness & reliability.
- Excellent problem-solving ability.
- Demonstrate strong attention to detail.
- Good communication and interpersonal skills.