Cost Accountant (Assets)

apartmentCommunicate Recruitment placeCape Town calendar_month 
Job Description:

Your duties will include, but are not limited to:

  • Maintain accurate and up-to-date fixed asset registers in accordance with company policies and accounting standards
  • Record the acquisition, disposal, transfer, and retirement of fixed assets
  • Calculate and post depreciation and amortisation in line with approved methods and useful lives
  • Reconcile fixed asset sub-ledgers to the general ledger on a regular basis
  • Perform periodic physical verification of fixed assets and investigate variances
  • Monitor capital expenditure and ensure correct classification between capital and operational costs
  • Review and assess asset impairments, revaluations, and write-offs where applicable
  • Ensure compliance with relevant accounting standards, tax regulations, and internal controls
  • Prepare fixed asset schedules and supporting documentation for management reporting and audits
  • Assist with budgeting and forecasting of capital expenditure and depreciation costs
  • Support year-end and interim audit processes by providing fixed asset documentation and explanations
  • Collaborate with procurement, operations, and finance teams to ensure accurate asset tracking
  • Identify opportunities for process improvements and efficiencies within fixed asset management

Skills & Experience:

  • Minimum 5 years of experience in a similar position
  • Experience in Excel, Business Central & Solidi Tech & 4Flow

Qualification:

  • Degree, diploma or similar plus experience
  • Designations is advantageous but not a must

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