Accountant: Asset Management and Financial Reporting
Job details
The NMISA is a Type 3A Public Entity established in accordance with the Measurement Unit and Measurement Standards Act, No. 18 of 2006 (the Act). The NMISA is mandated by the Act to provide for the use of the international system of units (the SI) and other measurement units in South Africa, to maintain national measurement standards (NMS) and to determine and ensure the comparability of the NMS. More information can be obtained from Requirements, Skills and Experience
Post Graduate Diploma in Accounting or related Honours Degree in Finance
At least 5 years relevant experience, or completed articles
CA (SA) will serve as added advantage
Computer literacy, fluent in English, well-spoken and customer service orientated
Knowledge of GRAP, PFMA and its related regulations and Accounting software/ ERP
Understanding of internal controls, trial balance management and reconciliations
Previous experience in a public sector institution would serve as an added advantage
Duties and Responsibilities:
Prepare Financial Statements in accordance with GRAP.
Compile the audit file for internal and external auditors
Assist in putting processes in place which will ensure the integrity and accuracy of financial information.
Prepare and maintain NMISA annual budget including MTEF/ENE
Prepare monthly, quarterly and annual budget reports, including budget variance analysis explanations.
Provide inputs into the development of financial policies and procedures.
Oversee the accounting functions regarding internal controls on accounts receivables, accounts payables, cash books, journals, and reconciliations and all bank accounts and petty cash.
Receipt and barcoding of assets at different NMISA laboratories and offices
Capturing and maintain the fixed assets register, ensuring that it is accurate and complete.
Prepare PPE note according to GRAP 17
Review GL for any items that should be capitalised
Monitor movements of assets
Plan and execute daily assets verifications, investigate and report variances, make necessary recommendations to resolve discrepancies and update the asset register
Prepare a monthly reconciliation with supporting schedules of the assets registers to the relevant accounting records and resolve uncleared items
Ensure that new acquisitions of assets are insured and disposed assets are removed
Perform the review of useful life of assets annually
Assist in preparing assets impairments for change in estimates, write-offs and residual values at year end.
Identify redundant/obsolete and unserviceable assets for disposal
Ensure compliance with the asset management policy and procedures
Maintain and manage inventory systems
Monitor the purchase orders, receiving, storing and issuing of goods.
Perform inventory count monthly
Reconcile inventory accounts monthly
Prepare reports on adjustments to be done to inventories that may be damaged
Prepare Inventory note as per GRAP 12
Preparation of the monthly management reports with regard to Inventory and PPE
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