Job Description
Asset Management
- Collate annual budget for capital expenditure (CAPEX) for clearance by Manager and approval by senior management.
- Review CAPEX approval paper for procurement.
- Monitor and track CAPEX utilisation to ensure optimal utilisation within budget
- Review unbudgeted or ad-hoc budget requests submitted by Operation units during the year to ensure justifications for purchase are in order and correct approving authorities are indicated in the request.
- Liaise with key stakeholders on all CAPEX budget and utilisation matters.
- Prepare month-end and year-end Fixed Assets (PPE and IA) schedules for Manager clearance.
- Prepare depreciation forecast for expenditure projection and reporting where necessary
- Monitor asset replacement and prepare journal entries for draw-down on fixed asset reserves
- Work with Finance Shared Services on Fixed asset sighting and monitor/review asset disposal
- Ensure asset acquisition or disposal are accounted correctly in accordance with accounting standard and policy
- Oversee Finance Shared Services - Asset team’s performance
- Prepare and submit asset reports
- Review and approve purchase requisition
- Work closely with accounts payable on related purchase requisition and e-Payments.
- Analyse financial data to identify trends and potential issues
- Work with auditors to co-ordinate internal and statutory audits
- Other duties as assigned.
Job Requirements
Degree or professional qualification in accounting, with minimum 2 years of working experience in management of fixed assets or other finance role.
Strong organizational, communication and interpersonal skill, attention to details, and good grasp of accounting principle.
Excellent analytical and problem-solving skill.
Knowledge of SAP is preferred