Fixed Asset Accountant At Medical Scheme

Middlesex College; Cape Town; On-site; ZAR 300,000 - 500,000; Full time

Job summary

Middlesex College is seeking a Fixed Asset Manager in Cape Town. The role involves ensuring proper maintenance and record of fixed assets, tracking expenditure, and compliance with accounting standards. Qualified applicants with a diploma in Accounting and 3-5 years of relevant experience are encouraged to apply.

Qualifications

• 3 - 5 years' experience in fixed asset management.
• Knowledge of financial regulatory standards (e.g. IFRS 16).
• Experience in asset write-off versus sale of assets.

Responsibilities

• Maintain and record fixed assets in accordance with standards.
• Review and recommend disposal of fixed assets.
• Conduct periodic physical counts of fixed assets.

Skills

Accounting

Auditing

MS Excel

Fixed Asset Management

Education

National diploma in Accounting/Auditing

Bachelor's degree in Accounting/Auditing

Tools

SAGE 300

Job description

An exciting position has become available in Cape Town. Suitably qualified applicants are encouraged to apply.

PURPOSE OF THE JOB

Responsible for ensuring that all Scheme assets are maintained and recorded in a fixed asset register accurately and in accordance with accounting standards and fixed asset management policies and procedures.

Key Performance Areas Will Include, But Not Limited To

• Receive and reviews the accuracy of fixed assets as per procured requirements.
• Calculate, revise and update depreciation of fixed assets.
• Review condition of fixed assets for recommendation for disposal to management.
• Ensure that all fixed assets are insured for any risky eventuality.
• Safekeeping of all fixed assets.
• Tracking of Scheme expenditure of fixed assets against approved budget.
• Reconciliation of fixed assets module to the general ledger.
• Conduct periodic physical counts of fixed asset.
• Prepare and collaborate with auditors as related to fixed assets.
• Coordinate the valuation and impairment testing of all fixed assets.
• Create and monitor systems control procedures as relates to fixed assets.
  
  

Qualifications, Experience And Skills

• National diploma in Accounting/Auditing or a NQF level 6 equivalent qualification.
• Bachelor's degree in accounting/Auditing will be an advantage.
• 3 - 5 years' experience in fixed asset management.
• Knowledge of financial regulatory standards (e.g. IFRS 16)
• Experience and knowledge of fixed asset write-off versus sale of assets.
• Strong/intermediate knowledge of MS Excel
• Knowledge of a financial accounting system. SAGE 300 will be an advantage
  
  

Desired Skills

• B.Com Accounting
• 3-5 years fixed asset management
• SAGE300 would be an advantage
• Knowledge of financial regulatory standards (IFRS 16)