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COEGA DEVELOPMENT CORPORATION (CDC)

ASSETS ACCOUNTANT 
- FINANCE 
- GQEBERHA 
- PERMANENT 
- GRADE C4
LOCATION: Gqeberha - Head Office
EMPLOYMENT TYPE: Permanent
GRADE: C4
 
ACCOUNTABILITY
The Assets Accountant is accountable to the Senior Financial Accountant of the Coega Development Corporation (CDC).
 
MANDATE
The Assets Accountant is mandated by the Board of Directors to take responsibility for the accounting and reporting of all aspects of moveable assets, moveable assets work-in-progress, intangible assets, and NPO accounting for the Coega Development Corporation.
 
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DESCRIPTION
RESPONSIBILITIES AND OBLIGATIONS
The primary objective of the Assets Accountant is to take responsibility for the accounting and reporting of all aspects of moveable assets, moveable assets work-in-progress, intangible assets, and NPO accounting for the Coega Development Corporation. In pursuance of this primary objective, the Assets Accountant is required to:
  • Maintain an accurate record of moveable assets by creating and supervising a system of procedures, forms, and controls.
  • Record and maintain in the accounting system newly acquired fixed assets and those disposed.
  • Allocate tag numbers to fixed assets to effectively track them accordingly.
  • Maintain accurate, complete moveable asset registers, moveable assets work-in-progress register, and intangible assets register.
  • Maintain up to date reconciliations of the asset registers to the general ledger.
  • Ensure depreciation is accurately and timeously recorded in the general ledger.
  • Ensure that appropriate supporting documentation for movements and transactions relating to moveable and intangible assets.
  • Maintain up to date reconciliations of the asset registers to external and internal costing statements (supplier statements).
  • Track, compile, and maintain a record of project costs for in line with work in progress for moveable asset accounts; close out the accounts at the completion of the projects.
  • Plan, manage and implement the verification of all moveable assets at least once per annum, and to ensure that counts are planned timeously ensuring adequate internal controls are in place to track asset movements (acquisitions, disposals, transfers) and custodianship.
  • Ensure moveable asset transactions are accounted for in conformance with internal policy and the approved external reporting framework.
  • Recommend any updates to accounting policies and controls affecting moveable assets to management.
  • Analyze and maintain a record of revenue and/or receipts from donations, and prepare the balance sheet, profit and loss statement (income statements), cash flow statements, and statements of owner’s equity.
  • Resolve accounting discrepancies.
  • Maintain cash receipts, vendor invoices, bank statements and other records of accounts.
  • Monitor financial reports against funds available with accuracy and detail.
  • Submit timely monthly, quarterly and year-end general ledger reconciliations and reports in the expected manner as per required deadlines.
  • Coordinate with the internal and external auditors during audits and prepare financial audit preparation.
 
Furthermore, you are to ensure that:
  • You are aware of and have access to the CDC’s SHEMS;
  • You are aware of your responsibilities and duties as laid out in the CDC’s SHEMS and Quality Management System;
  • You are aware that you work in a safe and environmentally friendly manner;
  • You ensure that the company’s housekeeping standards are maintained throughout your area of responsibility;
  • You report any unsafe conditions or acts which you cannot rectify yourself to your SHE representative or to the Senior SHE Project Manager as soon as possible;
  • You report all SHE incidents which occur within your area of responsibility promptly and in the correct format
  • You are totally familiar with your responsibilities in terms of the CDC’s emergency plan;
  • You communicate any required changes to the SHEMS prior to implementing these changes;
  • You timeously complete and correctly record any corrective action which needs to be taken in order to rectify a SHE matter;
  • You give full co-operation to, and participate in (as required), the CDC’s internal and external SHEMS audits.
 
You have the authority to:
  • Immediately stop any person(s) on CDC property from committing an unsafe or destructive act or omission;
  • Take whatever immediate steps you deem necessary to prevent injury or environmental damage when confronted with an unsafe or destructive condition.
 
MINIMUM REQUIREMENTS
  • A Post- Graduate qualification in Accounting;
  • Minimum 5 years working experience in a financial accounting function;
  • Proven experience in financial accounting responsibilities (processing transactions, preparing control account reconciliations;
  • Hands on experience in presenting financial information to management;
  • Highly analytical and pays attention to detail;
  • Ability to work independently with minimum supervision;
  • Good communication skills;
  • Excellent knowledge of MS Office and familiarity with relevant computer software e.g. Pastel and Oracle.
 
PERFORMANCE INDICATORS
  • Performance is monitored regularly by the Senior Financial Accountant, by reference to Key Performance Indicators and Strategic Control Systems.





The appointment of candidates is subject to the verification of all their credentials (employment history, educational, financial, criminal and any other checks as may be necessary). Please note that only shortlisted candidates will be contacted, and if you have not heard from us within one month of submitting your application, please consider it unsuccessful.
 
All applications must be forwarded to recruitment@coega.co.za