Key Responsibilities: Maintain accurate records of all fixed assets in the general ledger Ensure proper accounting treatment for acquisitions, disposals, and transfers Calculate and record depreciation and amortisation in accordance with accounting standards Conduct regular asset reconciliations and resolve discrepancies Coordinate and execute annual or periodic physical asset verification Maintain proper tagging, documentation, and safeguarding of company assets Implement and enforce internal controls over assets to mitigate risk Support financial oversight of new store builds, remodels, and capital projects Work closely with operations and project teams to ensure accurate cost tracking Provide financial insights relating to asset utilisation and lifecycle planning Ensure compliance with statutory reporting and accounting regulations Prepare asset-related schedules for internal and external audits Assist in preparing management reports on asset performance, costs, and capital expenditure Collaborate with finance teams to provide operational support Support continuous improvement initiatives for asset management processes Train or guide clerks and junior staff on asset tracking and related processes Monitor and analyse key cost categories (labour, food, and paper) across operations Translate FP&A insights into actionable operational strategies Advise operational teams on cost efficiency measures and financial compliance Drive accountability for financial performance at the business unit level Minimum Requirements: Bachelor’s degree in Accounting, Finance, or a related field Professional qualification preferred: CA(SA), ACCA, CIMA, or equivalent 3–5 years’ experience in asset accounting or commercial finance Strong understanding of IFRS and fixed asset accounting principles In-depth knowledge of depreciation, amortisation, and statutory compliance Experience working with ERP systems such as Business Central, SAP, Oracle, or similar Advanced proficiency in Microsoft Excel Strong analytical, reconciliation, and problem-solving skills High attention to detail with a commitment to accuracy Ability to manage high volumes of transactions in a fast-paced environment Proven ability to manage multiple tasks and meet tight deadlines Effective communication and collaboration skills across finance and operational teams Prior experience in a multi-unit or multi-entity business environment is advantageous Demonstrated ability to mentor junior team members and contribute to team development #J-18808-Ljbffr
Operational Asset Accountant
NEXCHAPTER RECRUITMENT
somerset west, somerset west
Published 28 days ago
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