ARMAMENTS CORPORATION OF SOUTH AFRICA (ARMSCOR)

EXTERNAL ADVERTISEMENT

MANAGER – ASSET CONTROL

Division Financial Accounting 

Reference Number 9993571 

Job Grade D3

Location Armscor Head Office

ABOUT THE JOB:

Responsible for the management of end-to-end lifecycle of head office assets.

QUALIFICATION

·       Grade 12.

·       B Com Accounting with Accounting III.

EXPERIENCE

·       Minimum 5 years of experience Finance: Assets Management.

·       Hands-on experience in asset verification, reconciliation, and risk mitigation.   

CRITICAL PERFORMANCE AREAS

·       Develop and maintain the organisation's asset management strategy, policies, and procedures in alignment with applicable standards and regulatory requirements.

·       Maintain a centralized asset register covering all head office assets, ensuring accurate and up-to-date data on asset location, condition, status, and financial value.

·       Define and implement standardised processes for the entire asset lifecycle (Plan, Acquire, Operate, Maintain, Dispose) to ensure consistency and efficiency.

·       Implement monitoring, reporting, and audit mechanisms to track asset performance, utilisation, compliance, and optimisation opportunities.

·       Coordinate the periodic physical asset verification processes at head office to confirm existence, condition, ownership, and location.

·       Oversee reconciliation between physical assets, asset register, and general ledger to eliminate discrepancies.

·       Strengthen preventative controls to reduce theft, misappropriation, and asset misstatements.

·       Assist with financial evaluations for asset acquisitions, including Total Cost of Ownership (TCO), return on investment (ROI), and risk assessments to support informed decision-making.

·       Maintain accurate financial records and reporting on asset acquisitions, valuations, and disposals to support audits, compliance, and management decision-making.

·       Ensure compliance with PFMA, Treasury Regulations, GRAP, and internal frameworks in relation to asset management

·       Prepare and review financial reports related to assets, including depreciation, amortization, impairment, and disposal.

·       Ensure that asset-related transactions are properly authorized, recorded, and disclosed in financial statements.

·       Maintain and update asset management systems, including asset registers and tracking systems.

KNOWLEDGE & FUNCTIONAL SKILLS:

·       Deep understanding of asset management principles, lifecycle planning (Plan–Acquire–Operate–Maintain–Dispose), and asset optimisation strategies.

·       Knowledge of PFMA, Treasury Regulations, IFRS/GRAP principles.

·       Knowledge of risk assessment techniques related to asset management, controls, and irregular expenditure prevention. 

To apply, send your Curriculum Vitae to Vacancies@armscor.co.za

NB: All applicants must indicate reference number of the position they are applying for in the subject heading.

Short-listed candidates will be subjected to reference checking, verification of personal data and security clearance as part of the selection process.  In line with Armscor’s commitment to compliance with the Employment Equity Act, preference will be given to suitable candidates from designated groups.  People with disabilities are encouraged to apply.

The closing date for applications is 07 July 2026.  Late applications will not be considered.

Enquiries: Ms Dineo Bopape (012 428 2412)