Executive – Accounting (Fixed Asset)

Main Responsibilities

Asset registration for new assets

· Obtain PO and invoices for new assets from AP team

· Enter all information related to new assets into the system (currently Oracle)

· Post to Asset Register and obtain Asset Number from the system

Transfer of Assets

· Obtain Transfer Forms from

· FC and AFC for Hotel and Trading Groups

· Outlets/Warehouses for Food Group

· Ensure all required fields are filled (e.g. asset number)

· Enter information from Transfer Form into the system (currently Oracle)

· Generate ‘Fixed Asset Transfer Report’ and reconcile with Transfer Forms

Disposal of Assets

· Obtain Disposal Forms with supporting documents from

· FC, AFC and GM for Hotel and Trading Groups

· Outlets for Food Group

· Enter details of asset disposal and write-off into the system (currently Oracle)

· Calculate gain/loss on disposal

· Generate ‘Fixed Asset Disposal Report’ and reconcile with Disposal Forms

Depreciation of Assets

· Calculate depreciation for Fixed Asset and post to GL

· Compare information on GL with Trial Balance and make adjustments as necessary

· Post on Share Drive

Project Management

· Assign names to each asset and transfer to Fixed Asset module in the system (currently Oracle)

· Reconcile project costs with GL and make adjustments as necessary

Other Tasks

· Load Trial Balance for Fixed Asset