Asset Specialist (SA-Connect Project) at Broadband Infraco

Key Responsibilities:

Reporting to Senior Manager: Finance, the incumbent will:

• Develop and implement asset management strategies, guidelines, policies and procedures that ensure the effective use of all assets, and an IFRS compliant asset register.
• Recommend and implement any updates on asset management policies and procedures.
• Develop a user manual for guiding the implementation of asset management policies and procedures and conduct educational workshops in the organisation on the policies and procedures.
• Supervise the monitoring of the General Ledger control accounts, to ensure that assets are accounted for in the fixed asset register and to manage the useful life of assets.
• Manage the asset control accounts.
• Prepare monthly CAPEX report, for EXCO reporting purposes.
• Assist with the Preparation of annual financial statements by preparing the relevant financial statement PPE disclosure notes.
• Ensure and manage fixed and intangible assets’ readiness for review and audit.
• Manage and maintain a comprehensive asset register, including acquisition, depreciation, impairments and disposal records.
• Develop and support the Disposal Committee in the execution of its’ duties.
• Ensure that monthly asset related reconciliations are done timeously, and the review thereof.
• Establish and maintain relationships with the business units and obtain information pertinent to asset verifications.
• Manage and ensure that assets verifications are conducted and submit reports to SM: Finance and CFO.
• Identify anomalies through asset verification and recommend corrective measures.
• Perform annual assessment of useful lives on assets and submit report to SM: Finance and CFO.
• Oversee the issuing and control of assets barcodes in the regions.
• Monthly update of the assets register.
• Establish and coordinate monthly engagements with business units, for the monitoring of movements on the asset register.

Qualifications and Experience:

• Be in possession of a Degree in Financial Accounting or equivalent.
• Honours in Accounting will be added advantage.
• Article experience will be an added advantage.
• Supervisory experience.
• Should have Proven track record in asset management.
• ICT asset management would be an added advantage.
• Knowledge of IFRS Standards.
• Must have 5 years and more of work experience in Asset Management or a similar environment, of which 2 to 3 years at middle management level.