Assistant Director: Asset Management

6 months ago


Cape Town, South Africa Affirmative Portfolios Full time

**Finance ~ Procurement**
**Cape Town**
***:
**Assistant Director: Asset Management**

**Cape Town**

**R48 418.00 per month**

**Contract Position - first 6 months on strict probation**

**Requirements**:

- Bachelor’s Degree (NQF7) in Accounting / Commerce / Finance / Management Accounting or related NQF Level 7 qualification in the above mentioned fields
- **_Must have completed audit articles with experience in public sector audit_**.
- Have a minimum of 4 year’s experience of which 2 years must be at a supervisory level
- Must have 2 years of functional or audit review experience in asset management.
- Understanding debit and credit is a must as well as understanding of recognition, measurement and presentation, and disclosure principals for the following GRAPs:

- GRAP 12 - Inventory
- GRAP 16 - Investment Property2
- GRAP 17 - Property Plant and Equipment
- GRAP 21 & GRAP 26 - Impairment of Assets
- GRAP 31 - Intangible Assets
- Knowledge of Asset Management procedures and policies, National Treasury OAG Asset Management Guidelines, Public Finance Management Act (PFMA), National Treasury Rules and Regulations (TR), and Generally Recognised Accounting Practice (GRAP).
- Working or audit knowledge on Oracle/SAP/any ERP System will be an added advantage.

**_Must not be lazy. Must be a highly focused and disciplined individual who respects deadlines and work commitments._**

**Duties will include**:

- Maintain the entity asset register
- Develop and maintain asset register, including: acquisitions, maintenance management transfers and valuation
- Plan and execute the asset verification, and investigate variances
- Provide report on variances, make necessary recommendations to resolve discrepancies
- Update the asset register in terms of GRAP requirements
- Prepare a monthly reconciliation with supporting schedule of the asset registers to the relevant accounting records
- Evaluate and monitor losses and disposal assets
- Identify risks that the asset management might be exposed to and come up with mitigating controls
- Provide advice to line management and staff
- Manage the disposal of assets and support to MLRF Disposal Committee as secretariat
- Manage the loss of assets and support to MLRF Loss Committee as secretariat
- Maintain the entity’s Leased Asset Registers
- Plan for the bi-annual and annual stock verification of the MLRF inventory of confiscated fish and fish products
- Prepare the stock count procedure to be followed, and provide the recordings of the project manager appointed for the handling of confiscated fish and fish products
- Provide administrative support and staff supervision

Any enquiries can be directed to Mr Lwandisa Hoza: 071 752 8364



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