Fixed Asset Accountant (junior)

Umhlanga, ZN, ZA, South Africa

Job Description

Star Bar & Cafe has an exciting opportunity available for a Fixed Asset Accountant (Junior) to be based in the Arch, Umhlanga. The successful incumbents will be accountable for guiding the acquisition of fixed


assets, recording the cost of newly acquired fixed assets (both tangible and intangible), tracking existing fixed


assets (including transfers between branches), calculating and processing monthly depreciation, accounting


for the disposition of fixed assets and maintenance of tax asset registers.


Minimum requirements:


A relevant Accounting qualification A valid South African Driver's License and own transportation. Pastel Evolution or Similar Accounting Software. 1-2 Years experience in Fixed Assets.

Responsibilities:


Monitor system of controls, procedures, and forms for the complete and accurate recording of fixed assets.
+ To ensure the accurate and complete recording of asset movements between branches and regions.
+ To track assets in transit and assets undergoing out of site repairs and maintenance.
+ To ensure that all responsible parties are aware of their roles and responsibilities regarding the assets of Hollywood Sportsbook Group, International Group and the Winning Form Group.
+ To ensure the accounting treatment of assets acquired and disposed are in accordance with the accounting standard.
+ To ensure that fixed assets are not written off, scrapped or disposed of without proper authorization.
+ To ensure that preventative measures are in place to eliminate theft, loss and misuse.
+ Review fixed asset acquisitions and dispositions accurately and completely in the accounting system.
+ Review and update the detailed schedule of fixed assets/asset management software on a monthly basis.
+ Ensure that the detailed schedule of fixed assets/asset management software is up to date at all times.
+ Perform the monthly depreciation calculation and process depreciation in the accounting system.
+ Complete reconciliation between the fixed asset register/asset management software and Pastel on a monthly basis.
+ Investigate the potential obsolescence of fixed assets.
+ Conduct periodic impairment reviews for intangible and tangible assets.
+ Recommend to management whether fixed assets should be disposed of or scrapped.
+ Prepare audit schedules relating to fixed assets and assist the auditors on their enquiries.
+ Represent the company during any audits by a third party that involve fixed assets.
+ Track company expenditures for fixed assets in comparison to the capital budget and management authorizations.
+ Assist management in the drafting of capital expenditure budget, capital forecasts and year to date spend.
+ Effectively deal with internal and external parties (auditors, etc) where required.
+ Engage with the accounting team and other departments to ensure proper and efficient accounting methods as well as understanding the business needs of other departments.
+ Assist in the development and documentation of fixed assets processes and procedures and implementation and monitoring thereof.
+ Control the maintenance of a branch level fixed asset register for assets not meeting the asset recognition criteria in terms of the asset policy and procedure

Skills and competencies:



Demonstrates a high level of integrity, trustworthiness & reliability. Excellent problem-solving ability. Demonstrate strong attention to detail. Good communication and interpersonal skills.


Please note that only candidates who meet the stipulated minimum requirements will be considered.



At Star Bar & Cafe, we believe talent and passion have no limits. We're committed to an inclusive workplace where everyone, regardless of ability, can thrive. Diversity makes us stronger, and accessibility is central to everything we do. We encourage candidates with disabilities who meet the job requirements to apply, and we're here to support you with any accommodations during the hiring process.



Please be advised that should you not be contacted within 30 days, kindly consider your application to be unsuccessful.

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Job Detail

  • Job Id
    JD1492071
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Umhlanga, ZN, ZA, South Africa
  • Education
    Not mentioned