Team Member- Fixed Assets

Role & responsibilities

• Budgetary control:

  Keep track on budgetary control incl requisitions Vs actual procured

• Continuous Monitoring

  : Ensure timely capitalization, tagging by coordinating with relevant stakeholders and reconciliations

• Asset Tracking:

  Maintain detailed records of all fixed assets, including acquisition, depreciation, and disposal.

• Auditing:

  Conduct regular audits to verify the existence and condition of assets, ensuring compliance with company policies and regulations.

• Reporting:

  Prepare and present reports on asset status, depreciation schedules, and financial impacts.

• Compliance:

  Ensure adherence to relevant accounting standards and regulatory requirements.

• Collaboration:

  Work closely with procurement, finance, and operations teams to manage asset lifecycle processes.

• System Management:

  Utilize asset management software to track and report on asset data.

• Process Improvement:

  Identify and implement improvements to asset management processes and systems.

Preferred candidate profile

The Fixed Asset Management member is responsible for overseeing the company's fixed assets, ensuring accurate tracking, reporting, and compliance with financial regulations. This role involves maintaining asset records, conducting audits, and collaborating with various departments to manage capitalization, keeping track on Capital work-in Progress and asset lifecycle processes .

Experience & Exposure :-

• Experience with ERP systems (e.g., Oracle, SAP & Lninfor).

A. Strong analytical and problem-solving skills.

B. Proficiency in asset management software and Microsoft Office Suite.

C. Excellent communication and interpersonal skills.

D. Attention to detail and accuracy.

E. Ability to work independently and as part of a team.