Asset Manager at Richmond Municipality

Requirements:

• A Matric A B.Com Degree or National Diploma in Accounting, Finance or equivalent A valid driver's license Must demonstrate knowledge and experience in municipal finance/accounting Fully computer literate (MS Office: MS Word, MS Excel and PowerPoint)
• 5 years' or more relevant experience including 3 years' at supervisory level Must have obtained or be pursuing the Competency Levels qualifications (CPMD, MFMP) as prescribed by Municipal Minimum Competency Regulations 2007.

Responsibilities:

• Assume responsibility for the management, control, and safeguarding of all municipal assets
• Assist with the compilation, maintenance, and integrity of a GRAP-compliant asset register aligned to the general ledger and mSCOA classifications Support the management of assets under construction, including tracking capital projects, ensuring accurate work-in-progress accounting, and facilitating timely capitalization upon commissioning
• Coordinate and ensure alignment of asset management processes across all municipal departments to promote completeness and accuracy of asset information Develop, review, and ensure implementation of asset management and asset accounting policies in line with GRAP standards and National Treasury guidelines Coordinate the annual review of useful lives, residual values, impairments, revaluations, and depreciation of assets Ensure correct application of capitalization thresholds and asset recognition criteria Monitor compliance with asset management policies and procedures relating to acquisition, verification, maintenance, transfer, and disposal of assets
• Coordinate annual asset verification processes and maintain continuous audit readiness Provide technical support in the preparation of Annual Financial Statements, ensuring accurate asset disclosure and GRAP compliance Respond to audit queries and implement corrective actions to sustain clean audit outcomes
• Ensure that all municipal assets are adequately insured and that insurance records are regularly reviewed and updated Provide support to the fleet management function, including asset tracking, utilization monitoring, and compliance with relevant policies.