Fixed Assets Controller
2 weeks ago
Motus Aftermarket Parts is searching for a
Fixed Assets Controller to join the team in
Meadowview. The purpose of the position is to manage and enforce control environment across the business for all fixed asset transactions, including putting controls in place where gaps are identified.
Requirements:
Qualifications and experience
- Matric with Accounting & Mathematics
- Grade 12 / Matric certificate essential
- BComm in accounting advantage
- Competent in MS Office,and accounting software
- IFRS and tax regulations for assets
- Clear ITC & Criminal record
Competencies
- Strong interpersonal and communication skills
- Mature, empathetic, and professional
- Independent selfstarter with attention to detail
- Possesses integrity and ability to maintain accurate and confidential records
- Able to collaborate with and motivate others
- Amicable
- Ability to organize workload, adapt quickly to change, and deliver under deadline pressure.
Key Performance Indicators includes, but not limited to.
- Capture and process authorized additions onto ELCB
- Ensure accurate class allocation in line with depreciation policy
- Manage capital expenditure based on approved invoices in line with DOA
- Physical tagging of specific highvalue / mobile assets
- Manage Capital Expenditure budgets and reporting spend against this
- Capture authorized disposals onto ELCB
- Manage matching of proceeds and ensure profit/ loss is correctly accounted for
- Capture authorized transfers between classes or branches
- Maintain reconciliation of movements YTD
- Perform monthly reconciliation of FAR to GL, including opening balances, movements and closing balances
- Manage secure filing of all assetrelated documentation
- Ensure tax asset register is maintained accurately in line with FAR movements
- Manage and enforce control environment across the business for all fixed asset transactions, including putting controls in place where gaps are identified
- Perform cleanup and periodic audit on fixed asset register to ensure accurate and uptodate at each yearend reporting date
- Annual IFRS residual value and useful life assessment
- Ensure Tax asset register in line with SARS regulations, and uptodate with latest tax guidance and legislation
- Complete annual declarations for submission to insurance brokers
- Manage insurance claims process from business originator to completion of claim
- Insurance claims and other reporting as required
- Maintain all vehicle licensing requirements and files for all Gauteng branches
- Ensure file uptodate with FAR movements
- Ensure all licenses renewed timeously to avoid penalties/ fines
- Standard month end journal processing, accrual etc.
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