ACCOUNTANT: ASSET MANAGEMENT

The successful candidate will be amongst other be expected to; Financial Management and Accounting Maintain accurate and up-to-date records of all assets owned by the organization; Track asset acquisitions, disposals, transfers, and depreciation/amortization; Prepare and analyse asset-related financial statements, reports, and schedules; Prepare routine journal entries and ensure attachments of the relevant supporting documentation to ensure accuracy of trial balance; Perform regular reconciliations to ensure the accuracy and completeness of asset records; Collaborate with cross-functional teams to verify the existence and condition of assets; Conduct physical asset audits to ensure alignment between recorded and actual asset quantities and conditions; Assist in the budgeting and forecasting processes related to asset acquisition and maintenance costs; Ensure compliance with accounting principles, regulations, and internal policies in asset-related transactions and reporting; Support the preparation of financial statements and disclosures related to assets for internal and external stakeholders; Stay updated on relevant accounting standards and regulations related to assets, and ensure compliance in financial reporting.; Produce asset budget using the latest forecast information and compile consolidated budgets at consolidated and cost centre levels; Contribute towards the implementation and maintenance of adequate budget control procedures, including internal and external reports; Assist with the financial statement process through compiling relevant financial information and summarising the financial status in preparation of interim and quarterly financial statement; Provide support in the preparation of annual financial statements in accordance with the PFMA, and Generally Recognized Accounting Practice (GRAP); Perform asset management functions for BMA in consultation with the Senior Manager: Asset Management; Prepare and ensure the sign off of monthly fixed asset reconciliations; Assist with the physical verification of the fixed asset across all BMA offices; Ensure that fixed assets registry and insurance is timeously updated; Ensure effective and efficient management and usage of fixed assets; Stay updated on relevant accounting standards and regulations related to assets, and ensure compliance in financial reporting; Assist in the evaluation of asset-related risks and recommend appropriate control measures. Coordinate the month-end close and reporting. Risk and Compliance Assist in the establishment, maintenance and improvement of Standard Operating Procedures, policies, and guidelines relating to the Financial Accounting; Preparation of management reports, financial statements and other financial related reports and correspondence; Assist both internal and external auditors in execution of their audits and ensure all documents needed for the audit are provided and matters are resolved; Ensure financial procedures and process maps and internal controls are adhered too; Ensure policies are reviewed, developed and implemented in line with relevant legislature; Provide input into the business unit’s risk register in consultation with the Senior Manager; Asset Management; Assist in identifying and adhering to fraud controls, risk prevention principles, sound governance and compliance processes, and tools to identify and manage risks; Maintain quality risk management standards in line with relevant requirements; Monitor changes in the regulatory environment and ensure that appropriate operational controls are implemented to address new requirements; Maintain and enforce all related Service Level Agreements to minimise business risk and ensure business continuity; Oversee the maintenance and enforcement of all Financial Management and Accounting related Service Level Agreements to minimise business risk and ensure business continuity; Ensure adherence in the team to all relevant laws, policies and Standard Operating Procedures throughout the organisation. Stakeholder Management and Relations Build and maintain relationships with all BMA officials including Governance Committees for the purposes of expectations management and knowledge sharing; Ensure sound relationships with internal and external stakeholders; Engaging with the right internal stakeholders to ensure they gain understanding of operational financial issues, cost-saving goals, value-add, compliance and organizational input moving forward; Ensure internal customer service and satisfaction; Build and maintain relationships with all BMA officers including EXCO, MANCO for the purposes of expectations management and knowledge sharing; Provide advocacy on matters related to management financial accounting activities to make informed decisions; Represent and participate in the organisation’s committees and tasks teams when required; Convene and attend meetings and present findings and business cases to relevant stakeholders when required; Implement timeous communication on progress and challenges in achieving the tactical work plans to impact stakeholders; Attend industry related forums, conferences and workshops to gain industry insight for the purpose of business improvement; Implement timeous communication on progress and challenges in achieving the operational plans to impacted stakeholders.