Responsible for CAPEX budget control as per approved budgets and projects financial reporting as per Accounting and CAPEX Governance procedures as well as in-charge of asset leases accounting and reporting in line with IFRS 16
Reports to:
Manager – Capital Investments Finance
No. of Vacancies:
1
Main Job Functions:
Lease accounting (IFRS 16)
Ensure an up-to-date lease register is kept by updating the asset lease solution is accurately maintained and updated with additions, disposals and adjustments
Post monthly lease related journals and reconciliation of various general ledger accounts as they pertain to Leases
Coordinate with legal, technology and facilities to capture new lease contracts and modifications.
Liaise with Accounts Payable to ensure lessor are timely paid
Notify Legal of about to expire lease agreements so that they are timely renewed
Prepare monthly reports relating to asset leases
Project Accounting
Monitor and control capital budget by ensuring demand requests qualify for capital spend and that funds are available for spend
Analyse projects budgets and actuals to investigate variances
Monitors the financial progress of capital projects and advise the projects team on accounting and implications of spend decisions
Reconcile cost accounting module transit accounts to ensure they are manually cleared
Ensure costs relating to completed projects are accurately rolled up and individual assets are created.
Prepare CWIP Aging report on monthly basis to guide in technical working capital management
Respond to CWIP and Project Accounting audit queries
Liaise with BOOST resources to ensure system errors are timely resolved; system reports issues are fixed
Reconciliation of GL WIP account balances against the WIP listing report and offer timely explanations and resolutions for any variance(s)
Prepare Capex additions per Project from the Boost Actual additions report on a monthly basis
Reconcile monthly Capitalisation against systems Asset additions report.
Liaise with Project Managers to have all completed projects closed and related costs Capitalised
Keep a record of documents to support WIP transactions that meets Audit requirements.
Support the budgeting and forecasting for leases and PPE
Reporting & Compliance
Ensure compliance with IFRS and internal accounting policies.
Support month-end and year-end closing activities related to leases and CWIP.
Assist in preparing financial statements and disclosures related to leases and CWIP.
Respond to internal and external audit queries.
Regular project reports to key stakeholders
Education
Bachelor's degree in Accounting, Statistics or related field.
Professional certification (e.g., CPA, ACCA) is required or in progress.
Work Experience
Minimum 3 years of experience in financial accounting, preferably with exposure to IFRS 16 and project accounting.
Proficiency in ERP systems (e.g.Oracle, MRI) and Excel.
Strong analytical and reconciliation skills.
Industry / Certifications
Certified Public Accountant (CPA) (preferred)
Association of Chartered Certified Accountants (ACCA) (preferred)
COMPETENCIES
Attention to detail and accuracy
Strong understanding of IFRS 16 and fixed asset lifecycle
Ability to work cross-functionally with technical and finance teams
Good communication and reporting skills
Time management and ability to meet deadlines
Ability to work under minimum supervision
Ensure an up-to-date lease register is kept by updating the asset lease solution is accurately maintained and updated with additions, disposals and adjustments
Post monthly lease related journals and reconciliation of various general ledger accounts as they pertain to Leases
Coordinate with legal, technology and facilities to capture new lease contracts and modifications.
Liaise with Accounts Payable to ensure lessor are timely paid
Notify Legal of about to expire lease agreements so that they are timely renewed
Prepare monthly reports relating to asset leases
Monitor and control capital budget by ensuring demand requests qualify for capital spend and that funds are available for spend
Analyse projects budgets and actuals to investigate variances
Monitors the financial progress of capital projects and advise the projects team on accounting and implications of spend decisions
Reconcile cost accounting module transit accounts to ensure they are manually cleared
Ensure costs relating to completed projects are accurately rolled up and individual assets are created.
Prepare CWIP Aging report on monthly basis to guide in technical working capital management
Respond to CWIP and Project Accounting audit queries
Liaise with BOOST resources to ensure system errors are timely resolved; system reports issues are fixed
Reconciliation of GL WIP account balances against the WIP listing report and offer timely explanations and resolutions for any variance(s)
Prepare Capex additions per Project from the Boost Actual additions report on a monthly basis
Reconcile monthly Capitalisation against systems Asset additions report.
Liaise with Project Managers to have all completed projects closed and related costs Capitalised
Keep a record of documents to support WIP transactions that meets Audit requirements.
Support the budgeting and forecasting for leases and PPE
Ensure compliance with IFRS and internal accounting policies.
Support month-end and year-end closing activities related to leases and CWIP.
Assist in preparing financial statements and disclosures related to leases and CWIP.
Respond to internal and external audit queries.
Regular project reports to key stakeholders
Attention to detail and accuracy
Strong understanding of IFRS 16 and fixed asset lifecycle
Ability to work cross-functionally with technical and finance teams
Good communication and reporting skills
Time management and ability to meet deadlines
Ability to work under minimum supervision
Proficiency in ERP systems (e.g.Oracle, MRI) and Excel
Strong analytical and reconciliation skills
Bachelor's degree in Accounting, Statistics or related field
Professional certification (e.g., CPA, ACCA) is required or in progress
Minimum 3 years of experience in financial accounting, preferably with exposure to IFRS 16 and project accounting
Certified Public Accountant (CPA) (preferred)
Association of Chartered Certified Accountants (ACCA) (preferred)
Responsible for CAPEX budget control as per approved budgets and projects financial reporting as per Accounting and CAPEX Governance procedures as well as in-charge of asset leases accounting and reporting in line with IFRS 16
Reports to:
Manager – Capital Investments Finance
No. of Vacancies:
1
Main Job Functions:
Lease accounting (IFRS 16)
Ensure an up-to-date lease register is kept by updating the asset lease solution is accurately maintained and updated with additions, disposals and adjustments
Post monthly lease related journals and reconciliation of various general ledger accounts as they pertain to Leases
Coordinate with legal, technology and facilities to capture new lease contracts and modifications.
Liaise with Accounts Payable to ensure lessor are timely paid
Notify Legal of about to expire lease agreements so that they are timely renewed
Prepare monthly reports relating to asset leases
Project Accounting
Monitor and control capital budget by ensuring demand requests qualify for capital spend and that funds are available for spend
Analyse projects budgets and actuals to investigate variances
Monitors the financial progress of capital projects and advise the projects team on accounting and implications of spend decisions
Reconcile cost accounting module transit accounts to ensure they are manually cleared
Ensure costs relating to completed projects are accurately rolled up and individual assets are created.
Prepare CWIP Aging report on monthly basis to guide in technical working capital management
Respond to CWIP and Project Accounting audit queries
Liaise with BOOST resources to ensure system errors are timely resolved; system reports issues are fixed
Reconciliation of GL WIP account balances against the WIP listing report and offer timely explanations and resolutions for any variance(s)
Prepare Capex additions per Project from the Boost Actual additions report on a monthly basis
Reconcile monthly Capitalisation against systems Asset additions report.
Liaise with Project Managers to have all completed projects closed and related costs Capitalised
Keep a record of documents to support WIP transactions that meets Audit requirements.
Support the budgeting and forecasting for leases and PPE
Reporting & Compliance
Ensure compliance with IFRS and internal accounting policies.
Support month-end and year-end closing activities related to leases and CWIP.
Assist in preparing financial statements and disclosures related to leases and CWIP.
Respond to internal and external audit queries.
Regular project reports to key stakeholders
Education
Bachelor's degree in Accounting, Statistics or related field.
Professional certification (e.g., CPA, ACCA) is required or in progress.
Work Experience
Minimum 3 years of experience in financial accounting, preferably with exposure to IFRS 16 and project accounting.
Proficiency in ERP systems (e.g.Oracle, MRI) and Excel.
Strong analytical and reconciliation skills.
Industry / Certifications
Certified Public Accountant (CPA) (preferred)
Association of Chartered Certified Accountants (ACCA) (preferred)
COMPETENCIES
Attention to detail and accuracy
Strong understanding of IFRS 16 and fixed asset lifecycle
Ability to work cross-functionally with technical and finance teams
