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Cape Town City Centre: Asset Accountant

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Job Description

About the Role

The Asset Accountant role is a critical component of our organisation’s financial management team, responsible for ensuring accurate and timely recording of fixed assets across their full lifecycle.

Key Responsibilities

  • Record the cost of newly acquired tangible and intangible fixed assets
  • Track, manage and reconcile fixed assets across their full lifecycle
  • Assign asset tag numbers and maintain accurate asset registers
  • Compile project costs into asset accounts and close projects on completion
  • Record depreciation and account for asset disposals
  • Reconcile the subsidiary fixed asset ledger to the general ledger
  • Prepare periodic physical asset counts across locations
  • Prepare audit schedules and support internal and external audits
  • Conduct impairment reviews in line with IFRS (IAS 16 / IAS 36)
  • Create and maintain asset controls, procedures, and documentation
  • Generate regular asset and financial performance reports

Requirements

  • Minimum 5 years experience in a Fixed Asset / Asset Accounting role
  • Strong technical accounting expertise in IAS 16 and IAS 36
  • Proven experience managing large, geographically dispersed asset portfolios
  • Experience with Microsoft Dynamics 365 Business Central (non-negotiable)
  • Experience with Solidi Tech and 4Flow (non-negotiable)
  • Advanced Excel skills and strong systems capability

Qualifications

Accounting OR Bookkeeping Certificate OR Diploma OR Degree

Salary & Benefits

Not specified

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

About Accounting / Finance Jobs in Cape Town Region

In the Cape Town region, accounting and finance positions are typically found in various industries, including financial services, technology, and manufacturing sectors. The job market for these roles is generally stable, with a steady demand for skilled professionals to support business growth and development.

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Accountants and finance specialists in Cape Town can expect salaries that range from R400 000 to R1 500 000 per annum, depending on factors such as level of experience, company size, industry sector, and specific job requirements. For example, entry-level positions may start at the lower end of this range, while senior roles or those in larger companies may command higher salaries towards the upper end. However, these figures are only general guidelines and actual salaries can vary significantly depending on individual circumstances.

Common skills required for accounting and finance roles in Cape Town include proficiency in financial software such as SAP or Xero, strong analytical and problem-solving skills, excellent communication and interpersonal skills, a solid understanding of tax laws and regulations, experience with budgeting and forecasting, and a degree in accounting or a related field. Other desirable skills may include knowledge of cloud-based technologies, data analysis tools, and industry-specific regulations.

The financial services sector is one of the largest employers of accountants and finance specialists in Cape Town, followed by technology and manufacturing industries. These sectors require professionals with a strong understanding of financial management, budgeting, and forecasting to support business growth and decision-making. Other industries that may employ accounting and finance staff include construction, tourism, and agriculture.

For those interested in pursuing a career in accounting or finance, there are many opportunities for professional development and advancement. Many companies in Cape Town offer training programs and mentorship schemes to help employees build their skills and expertise. Additionally, certifications such as the Certified Public Accountant (CPA) designation can be beneficial in enhancing career prospects. Overall, a strong foundation in accounting and finance, combined with relevant work experience and industry-specific knowledge, can lead to a successful and rewarding career in this field.

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This information provides general career guidance. Actual salaries and requirements vary by employer.



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