Financial Accountant Fixed Assets
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Job Location:
Cape Town - South Africa
Monthly Salary:
Not Disclosed
Posted on:
17 hours ago
Vacancies:
1 Vacancy
Department:
Job Summary
The Financial Accountant: Fixed Assets is responsible for the accurate accounting control and reporting of fixed assets in line with approved policies procedures delegated authority and applicable IFRS standards. The role applies professional judgement to interpret accounting requirements ensures integrity of the fixed asset register and related general ledger accounts through reconciliations and exception management supports monthly/quarterly/interim/year-end reporting and ensures audit readiness through accurate schedules documentation and responsive stakeholder engagement.
Duties & Responsibilities
Fixed Asset Accounting and Lifecycle Management
- Record all fixed asset transactions accurately and timeously (acquisitions disposals transfers depreciation and related adjustments) in accordance with approved procedures and authorisation frameworks.
- Maintain the fixed asset register and ensure consistent alignment between the register and the general ledger.
- Ensure fixed asset accounting treatment is applied correctly including classification capitalisation thresholds useful lives and depreciation methodologies as per policy and IFRS.
- Resolve fixed asset-related queries effectively through investigation analysis and stakeholder engagement.
General Ledger Integrity Reconciliations and Exception Management
- Reconcile fixed asset-related general ledger accounts regularly (month-end as a minimum) ensuring completeness and accuracy of balances.
- Investigate reconciling items and exceptions; determine root causes and implement corrective actions.
- Ensure timely processing of journals and corrections to maintain ledger integrity and support accurate reporting.
- Maintain clear audit trails and supporting documentation for all reconciliations and adjustments.
Reporting (Monthly Quarterly Interim and Year-End)
- Assist with preparation of timeous monthly management accounts including fixed asset movements and related commentary where required.
- Support interim and year-end processes including preparation of fixed asset schedules movement reconciliations and disclosure support.
- Assist with compilation of annual financial statements relating to fixed asset notes/disclosures (as required by the reporting framework).
- Support preparation and presentation of quarterly reporting packs and fixed asset reporting outputs.
Audit Compliance and Governance
- Ensure compliance with relevant IFRS standards and internal accounting policies relating to fixed assets.
- Liaise with internal and external auditors; respond to audit queries and provide required evidence and schedules.
- Ensure adherence to internal controls and governance requirements; identify control weaknesses and recommend improvements.
- Contribute to audit readiness through proactive file maintenance documentation quality and closure of prior-year findings.
Team Support and Quality Review
- Assist with reviewing work performed by junior team members (where applicable) ensuring accuracy completeness and adherence to standards.
- Provide technical guidance on fixed asset processes reconciliations and supporting evidence requirements.
- Promote continuous improvement in fixed asset processes documentation standards and reporting efficiency.
Ad Hoc Accounting and Finance Support
- Attend to ad hoc accounting and finance matters as required (including analysis support to projects and process improvements).
Minimum Requirements
Qualifications / Experience
- Bachelors degree in Accounting / Finance or related field
- Professional qualification (advantageous)
- 35 years relevant accounting experience
- Demonstrated experience with fixed assets reconciliations and reporting cycles
- Audit support and documentation readiness exposure
Systems / Tools (Typical adjust to your environment)
- ERP/Finance system exposure (e.g. Sage X3 SAP/Oracle/Dynamics or equivalent)
- Strong Excel capability (reconciliations schedules analysis)
Competencies
Technical Competencies
- Fixed asset accounting and lifecycle management
- General ledger reconciliations and controls
- Financial reporting support (monthly/quarterly/year-end)
- IFRS application (fixed assets and related disclosures)
- Audit support evidence preparation and compliance discipline
Behavioural Competencies
- Attention to detail and high levels of accuracy
- Analytical problem-solving and investigative capability
- Planning prioritisation and deadline management
- Stakeholder engagement and clear communication
- Accountability and continuous improvement mindset
Key Skills
- SRP systems
- Financial Statement Preparation
- Accounting Software
- Hyperion
- Financial Report Writing
- GAAP
- General Ledger Accounting
- Accounting
- Regulatory Reporting
- Account Reconciliation
- SOX
- Financial Analysis
About Company
Unitrans offers innovative logistics and supply chain solutions across Africa. With over 100 years of experience in agriculture, mining, petrochemical, food & consumer, transport and industrial.
