Posted on :
17 Oct, 2013
17 Oct, 2013
To apply knowledge and skills to oversee the regular asset verification exercises and reconciliation of physical
verification results with the fixed asset register.
Key Performance Areas
Asset acquisition register maintenance and verification
Advise buyers and administration officers on correct procedure to procure assets.
Verify that the cost of the asset is correct in terms of the Asset Management Policy and that all
applicable costs have been included.
Review asset acquisitions to ensure that assets are categorised correctly in terms of the Asset
Ensure that all assets are on the register and that the depreciation is done in accordance with the
Review that the asset register is updated with respect to all items of information relevant to each asset
Develop and maintain a process of relocation of assets.
Review all asset master data changes for accuracy.
Ensure all asset holders have an updated location asset register at all times.
Conduct regular asset verification throughout the financial year.
Assist with the reconciliation process between the verification result and the data on the SAP fixed
Assist asset clerks with bar coding of existing and new assets.
Assist asset clerks with large disposals and movements.
Compile monthly management reports.
Maintain a database of all fixed assets on SAP. (Functional location, asset class, status, etc.)
Maintain policies and procedures in respect of the management of assets.
Control Capex budget. Liaise with business units to verify expenditure.
Ad-hoc admin tasks.
Compile and verify lists of assets to be scrapped.
Ensure that policies and procedures related to fixed assets are adhered to by regular communication
with asset holders, managers and heads.
Review the accuracy of fixed asset register on SAP.
Review policies and SOPs in respect of the management of assets within Mintek, communicating
changes to all staff. Monitor compliance regarding asset management.
Control Capex budget. Liaise with SBUs to verify actual vs. planned expenditure.
Develop a system to track movements of assets.
Monitor capital projects and ensure that settlements of projects are done on time.
Maintain asset master data on SAP.
Evaluate useful life of major assets.
Maintain a schedule of current year acquisitions with supporting documents.
Review asset register on a regular basis for anomalies.
Assist annually with review of useful life and impairment of assets.
Job Knowledge/Skills Required
BCOM Acc. Degree or a National Diploma Acc. (3 Year Diploma) Three (3) to five (5) years’ practical experience with respect to the management and control of fixed
assets, in a supervisory capacity.
Excellent knowledge of IFRS and the PFMA and in depth knowledge of the applicable policies and
Good working knowledge of MS Office. (PowerPoint, Word, Excel and Outlook)
Required skills and competencies
Excellent communication skills (Verbal and written)
Must be able to work without supervision
Salary Package: R268 221 CTC per annum negotiable
Interested employees who comply with the above-mentioned requirements may forward their
applications to [email protected] in Human Resources. Should you not hear from us within 14 days of
the closing date of this advertisement, please accept that your application was not successful. Mintek
has the right not to fill the position.
Closing date: 23 October 2013