Senior Accountant

at Vaal University of Technology
Location Vanderbijlpark, Vanderbijlpark, South Africa
Date Posted
Category Accounting & Finance
Work Hours Day
Salary 20000
Salary Units MONTH
Currency ZAR





Key Performance Areas include but not limited to:

 Manage Fixed Assets section and supervise staff members

 Development of policies and implementation thereof

 Development of internal controls and implementation thereof

 Assign tag numbers to fixed assets;

 Develop plans and strategies for annual asset verifications

 Supervise verification of fixed assets, including Satellite Campuses

 Recommend to management any updates to accounting policies related to fixed assets;

 Investigate the potential obsolescence of fixed assets;

 Recommend to management whether fixed assets should be disposed of

 Conduct periodic impairment reviews for intangible assets

 Calculate depreciation for all fixed assets;

 Review and update the detailed schedule of fixed assets and accumulated depreciations

 Record fixed asset acquisitions and disposals in the accounting system

 Track the compilation of project costs into fixed asset accounts, and close out those

accounts once the related projects have been completed

 Overall maintenance of the Fixed asset register

 Reconcile the balance in the fixed asset subsidiary ledger to the summary-level account

in the general ledger

 Responsible for the Annual Financial Statement disclosure in compliance with IFRS and

/ or relevant applicable accounting standards;

 Conduct workshops on assets with VUT officials and departmental assets controllers

 Prepare and compile monthly reports on all aspects of the Fixed Assets section

 Manage all cell phone contracts

 Manage insurance claims

 Prepare audit schedules relating to fixed assets, and assist the auditors in their


 Track university expenditures for fixed assets in comparison to the capital budget and

management authorizations.




Qualification and Experience:

 BComm degree: Accounting/BTech: Cost & Management Accounting/ Auditing;

 At least 5 years’ experience working with Assets

 Experience with financial reporting requirements and annual financial statement


 Ability to produce accurate and timely monthly reports and financial accounts.

Skills and Competencies:

 Accounting, computer literate -working experience with Advanced Excel, working

Experience with Integrated Tertiary Software (ITS)

good interpersonal skills and communication, knowledge of Higher Education Tertiary

Institutions, problem solving skills,

customer service excellence, ability to handle multiple tasks simultaneously with a

sense of priority.


Interested candidates can send their CV

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