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Financial Accountant (Fixed term Contract)

5 months ago649 views
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General Details
Advertised By:Agency
Company Name:Executive Placements
Job Type:Full-Time
Description
JOB DESCRIPTION


  • Record fixed asset acquisitions and disposals in the accounting system.
  • Track the compilation of project costs from work-in-progress (WIP) accounts into fixed asset accounts, and ensure that business units clear these WIP accounts once the related projects have been completed.
  • Calculate and reconcile depreciation as well as wear-and-tear for all fixed assets in accordance with accounting and Company-specific policies and relevant accounting standards, and ensure compliance with taxation regulations.
  • Review the asset categories and depreciation rates captured by relevant stakeholders.
  • Prepare fixed asset reconciliations and identify any discrepancies between the general ledger, subledger and annual financial statements (AFS).
  • Investigate and correct the root causes of any discrepancies timeously, and suggest mitigating controls for the future.
  • Prepare fixed asset notes to the AFS in accordance with relevant accounting standards, the Companies Act 71 of 2008 (Companies Act) and allowances.
  • Respond to queries or conduct analyses related to fixed assets as requested by management or from various stakeholders.
  • Prepare audit schedules relating to fixed assets and assist the auditors in their enquiries.
  • Recommend to management any updates to accounting policies related to fixed assets.
  • Perform accounting and fixed asset administration, including the preparation of fixed asset instructions to different stakeholders, data capturing and record keeping.
  • Engage with relevant stakeholders/clients within the external parties.


JOB REQUIREMENTS

  • A minimum of a Bachelors degree (NQF 7) in Accounting or Commerce, or an equivalent qualification; and
  • At least 24 years of experience in the financial services environment, specifically in the area of accounting.

The following will be an added advantage:

  • A postgraduate qualification in Finance.

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Executive Placements
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