Fixed Assets Accountant

Winning Form

Durban

On-site

ZAR 480,000 - 580,000

Full time

10 days ago

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Benefits offered by this job

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Job summary

Hollywoodbets is hiring a Fixed Asset Accountant based in Umhlanga as part of the Purple Team. You will oversee acquisition of fixed assets, record costs of tangible and intangible assets, track movements between branches, and manage monthly depreciation and asset register reconciliations.

The role requires experience with Pastel Evolution or similar software, strong Excel skills, and a valid driver's licence with own transport.

Qualifications

Pastel Evolution or similar accounting software experience.
Valid driving licence and own transport.
Proficiency with Microsoft Office (Excel, Word, Outlook).

Responsibilities

Monitor controls, procedures and forms for accurate fixed asset recording.
Ensure asset movements between branches are recorded correctly.
Track assets in transit and those undergoing repairs or disposal.
Reconcile fixed asset register with Pastel monthly.
Prepare audit schedules for fixed assets and assist auditors.
Engage with auditors and other departments to ensure proper accounting methods.

Tools

Pastel Evolution

Microsoft Office

Drivers licence

Own transport

Job description

Responsibilities

Being a part of the Hollywoodbets Purple Team is an opportunity to become a part of one of South Africa’s biggest success stories. From humble beginnings in Durban, Hollywoodbets has grown into a powerhouse brand operating across Africa and the United Kingdom. And that’s just the beginning. Our talented Team is on a mission to increase our global footprint, ready to take on any challenge because at Hollywoodbets, not even the sky is the limit. Join our Team and let’s reach for the stars.

We have an amazing opportunity for Fixed Asset Accountant to be based in Umhlanga. Do you think you have what it takes to be our newest Purple Star?

The successful candidate 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, professionally and positively.

With Hollywoodbets You Will:

Innovate and create as part of a like-minded, authentic Team eager to achieve goals.

Embrace challenges and the thrill of working in a vibrant and fast-paced industry.

Grow with our development plans and culture that allows you to further your career.

What you bring:

Pastel Evolution or Similar Accounting Software
Drivers licence and own transport
Microsoft Office

What You’ll Do for The Brand:

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.