Operational Asset Accountant

Key Responsibilities:

• Maintain accurate records of all fixed assets in the general ledger
• Ensure proper accounting treatment for acquisitions, disposals, and transfers
• Calculate and record depreciation and amortisation in accordance with accounting standards
• Conduct regular asset reconciliations and resolve discrepancies
• Coordinate and execute annual or periodic physical asset verification
• Maintain proper tagging, documentation, and safeguarding of company assets
• Implement and enforce internal controls over assets to mitigate risk
• Support financial oversight of new store builds, remodels, and capital projects
• Work closely with operations and project teams to ensure accurate cost tracking
• Provide financial insights relating to asset utilisation and lifecycle planning
• Ensure compliance with statutory reporting and accounting regulations
• Prepare asset-related schedules for internal and external audits
• Assist in preparing management reports on asset performance, costs, and capital expenditure
• Collaborate with finance teams to provide operational support
• Support continuous improvement initiatives for asset management processes
• Train or guide clerks and junior staff on asset tracking and related processes
• Monitor and analyse key cost categories (labour, food, and paper) across operations
• Translate FP&A insights into actionable operational strategies
• Advise operational teams on cost efficiency measures and financial compliance
• Drive accountability for financial performance at the business unit level

Minimum Requirements:

• Bachelor’s degree in Accounting, Finance, or a related field
• Professional qualification preferred: CA(SA), ACCA, CIMA, or equivalent
• 3–5 years’ experience in asset accounting or commercial finance
• Strong understanding of IFRS and fixed asset accounting principles
• In-depth knowledge of depreciation, amortisation, and statutory compliance
• Experience working with ERP systems such as Business Central, SAP, Oracle, or similar
• Advanced proficiency in Microsoft Excel
• Strong analytical, reconciliation, and problem-solving skills
• High attention to detail with a commitment to accuracy
• Ability to manage high volumes of transactions in a fast-paced environment
• Proven ability to manage multiple tasks and meet tight deadlines
• Effective communication and collaboration skills across finance and operational teams
• Prior experience in a multi-unit or multi-entity business environment is advantageous
• Demonstrated ability to mentor junior team members and contribute to team development