Asset Accountant - Durban - Contract - MUST be available immediately

Introduction Our client, a newly established international terminal operator within the Durban port logistics sector, is urgently seeking to appoint a skilled and detail-oriented Asset Accountant on a contractual basis, to join their growing finance team. Operating within one of South Africa’s most important logistics hubs at the Port of Durban, the organisation is currently ramping up operations and building a high-performing team to support its expanding infrastructure and capital projects.

 

Duties & Responsibilities

Compile the monthly asset reports relating to Fixed assets and right of use assets Responsible for the asset reconciliations including related supporting schedules Review of WIP capital projects portfolios, ensuring timeous capitalisations Engage with the CWIP manager/Capital projects team on progress and completion of projects that require capitalization Actively manage the accounting for assets in terms of compliance with IFRS including consideration of impairment, change in useful life, residual value and disclosure requirements Prepare the IFRS 16 right of use journals using the lease calculator for the terminals and HQ on a monthly basis Review status of IFRS 5 related assets for appropriateness and ensure assets are recorded as held for sale when the criteria are met Liaise with Internal Audit for asset related audit steps (for transactions performed at the terminal) Completion of the manual index revaluation templates

Desired Experience & Qualification

B. Com or equivalent qualification; with Accounting as a major. At least 3-5 experience in a financial accounting / reporting environment. Financial Accounting (assets)/Budgeting techniques/sound knowledge of principles of internal control Computer literate with above average MS Excel skills (V- Look ups, Pivots, etc.) Knowledge of International Financial Reporting Standards SAP experience Knowledge of VAT, Taxation, Companies Act Analytical Proactive Ability to question and interrogate information provided to them Time management Ability to work under pressure to tight deadlines.