Vivo Energy are recruiting for a Fixed Asset Accountant to join their GBS team! This role is a 12-month contract, reporting to the Fixed Asset Accounting Lead and is based in Cape Town.
Principal Accountabilities:
Asset accounting: Month End and Year End Activities
Ensure the fixed assets register (FAR) is kept up to date as a result of all asset additions, disposals, transfers, write offs etc.
Monthly and quarterly - Ensure the fixed assets reconciliations and packs are updated and submitted within SLA and with the necessary quality requirements met for South Africa and the Affiliates.
Yearly - Calculate the DRR provision, useful life and residual values reviews and ensure they done accurately and timeously in accordance with IAS16 (property, plant, and equipment accounting standard) for South Africa and the Affiliates.
Monthly fixed assets depreciation forecast for the business units (Retail, Commercial, Supply chain, Lubricants) and Lesotho and Eswatini.
Support/ asssit with the annual fixed assets business plan for the South African business units, Lesotho and Eswatini. (included any re-estimates required)
Monitoring Assets Counts
Review and monitor that the physical counts at identified sites are completed and that the necessary steps are taken to align physical asset counts to the ERP system ensuring that Engen's fixed asset register is accurate.
Collaborate across business units with verification agents and a wide stakeholder list to achieve verification results / provide guidance with respect to the fixed assets verification process.
Asset accounting: completeness and accuracy of motor vehicles accounting
Lease vehicles accurately capitalised and leased vehicles per asset register matches Stannic job file. Fixed asset registers are accurate with minimal reconciling items.
Changes to leased vehicle information is updated timeously.
Management of Tracker (motor vehicles) charges
Ensure invoices paid and reconciled, central cost centre accurately cleared on a monthly basis and cost centre reconciliation maintained.
Query Logging and Resolution
Ensuring that queries are logged and resolved timeously enabling meeting FSSC SLA's.
Compliance
Assist with internal and external audit requirements.
Companywide fixed assets related projects
Actively participate/support in companywide projects relating to fixed assets (analysis and reporting)
Subject matter expert for fixed assets, perform user acceptance testing (UAT's)
Training of internal stakeholders relating to fixed assets related system changes
Validation of the integrity of fixed assets related data
Ensure project team resolve system related anomalies.
Requirements
Job Knowledge, Skills & Experiences
:
NQF Level 7 (Bachelor's degree in accounting)
4 years' experience in a finance function.
Fixed Assets accounting experience in a corporate environment
Asset count reconciliation experience
NQF Level 8 (Honours degree in accounting) - Advantageous
SAP experience (Asset modules) - Advantageous
Closing date for applications: Friday, 29 August 2025
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