More jobs:
Asset Accountant
Job in
Cape Town, 7100, South Africa
Listed on 2026-02-18
Listing for:
Vivo Energy
Full Time
position Listed on 2026-02-18
Job specializations:
-
Accounting
Financial Reporting, Accounting Manager -
Finance & Banking
Financial Reporting, Accounting Manager
Job Description & How to Apply Below
JOB PURPOSE
To review and monitor the asset count and tagging process and ensure necessary steps to align physical count with ERP system and all review and monitor the integrity of the Fixed Assets register (FAR) for South Africa and the Affiliates to ensure that it is IAS
16 (Property Plant and Equipment Accounting standard) compliant, is valid, accurate and complete because of all asset additions, disposals, write-offs & transfers; thereby ensuring data integrity and an accurate fixed asset register
Month End and Year End Activities
- Ensure the fixed assets register (FAR) is kept up to date as a result of all asset additions, disposals, transfers, write offs etc
- Monthly and quarterly - Ensure the fixed assets reconciliations and packs are updated and submitted within SLA and with the necessary quality requirements met for South Africa and the Affiliates
- Yearly - Calculate the DRR provision, useful life and residual values reviews and ensure they done accurately and timeously in accordance with IAS
16 (property, plant, and equipment accounting standard) for South Africa and the Affiliates - Monthly fixed assets depreciation forecast for the business units (Retail, Commercial, Supply chain, Lubricants) and Lesotho and Eswatini
- Support/ assist with the annual fixed assets business plan for the South African business units, Lesotho and Eswatini. (included any re-estimates required)
- Review and monitor that the physical counts at identified sites are completed and that the necessary steps are taken to align physical asset counts to the ERP system ensuring that Engen's fixed asset register is accurate
- Collaborate across business units with verification agents and a wide stakeholder list to achieve verification results / provide guidance with respect to the fixed assets verification process
- Lease vehicles accurately capitalised and leased vehicles per asset register matches Stannic job file. Fixed asset registers are accurate with minimal reconciling items.
- Changes to leased vehicle information is updated timeously
- Ensure invoices paid and reconciled, central cost centre accurately cleared on a monthly basis and cost centre reconciliation maintained
- Ensuring that queries are logged and resolved timeously enabling meeting FSSC SLA's
- Assist with internal and external audit requirements
- Actively participate/support in company wide projects relating to fixed assets (analysis and reporting)
- Subject matter expert for fixed assets, perform user acceptance testing (UAT's)
- Training of internal stakeholders relating to fixed assets related system changes
- Validation of the integrity of fixed assets related data
- Ensure project team resolve system related anomalies.
Job Knowledge, Skills & Experiences
- NQF Level 7 (Bachelor's degree in accounting)
- 4 years' experience in a finance function
- Fixed Assets accounting experience in a corporate environment
- Asset count reconciliation experience
Advantageous
- NQF Level 8 (Honours degree in accounting)
- SAP experience (Asset modules)
Closing date for applications: 19 February 2026
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