Fixed Asset Controller 1 (12543) at The South African Broadcasting Corporation (SABC)

DUTIES AND RESPONSIBILITIES:

BUSINESS OPERATIONAL EFFICIENCY

• Maintain fixed asset register of departments, business units or provinces to which assigned.
• Accurately record newly acquired assets.
• Allocate bar codes to fixed assets and create/update master records.
• Identify and validate by means of verification through bar-code label linked to the asset tracking system and the fixed asset register.
• Identify assets clearly through accurate descriptions contained in the fixed asset register.
• Update fixed asset register with any transfers of assets between cost centres and physical locations.
• Recommend the corrective measures and process the applicable form for unutilised assets to be signed off by the supervisor.
• Check forms completed for the write off, of obsolete/stolen assets for completeness and accuracy before capturing on system and submitting it to the supervisor.
• Record profit or losses on disposals of fixed assets as per invoices received.
• Conduct and validate physical verification of fixed assets for every asset at least once per annum.
• Record results of the physical verification against fixed asset register and report differences to supervisor for approval to amend the register.
• Analyse and clear asset--under-construction accounts in the general ledger on a regular basis on minor and major projects.
• Accurately classify and reclassify all fixed assets in the fixed asset register.
• Identify and correct inaccurate entries in the fixed asset register.
• Monitor and review work performed by asset verifiers.
• Remind end-users to report any fixed assets losses.
• Perform ad-hoc assignments as required by the Supervisor.

STAKEHOLDER MANAGEMENT

• Liaise with the Insurance Department to enable the processing of relevant documents for lost, stolen or damaged fixed assets.
• Liaise with Capex Administration to identify problems in the assets under construction accounts.
• Timeous resolution of fixed assets related queries.
• Consult with clients and employees with queries related to Assets.
• Consult and advise internal clients with queries related to assets management.

GOVERNANCE, RISK AND COMPLIANCE 

• Understanding and applying of all relevant statutes, BCEA, LRA, and PFMA.
• Ensuring compliance with relevant laws and regulations.
• Update fixed asset register for assets sold or written off as approved in accordance with policies.
• Continuously inform/advise/update all employees on policies, procedures and new developments.

INHERENT/MINIMUM REQUIREMENTS

QUALIFICATIONS

• Grade 12
• Degree or National diploma in accounting NQF 6/ 7 or relevant qualification

EXPERIENCE

• 3 years financial accounting / fixed assets experience