Transnet Vacancies 2025 in Emalahleni – National Fixed Assets Manager

Job Description:

The accurate accounting, controlling and safeguarding of Fixed Assets, Intangibles, Investment Property and Right of Use Assets. This includes acquisitions, disposals, scrapping, transfers and componentising of all assets as required in terms of Transnet policies and reporting standards.

Job Responsibilities:

• Preparation of monthly, interim and year-end financial results and reports in respect of Leases, PPE, Intangibles and Investment Property including the taxation aspects thereof.
• Implement and maintain Transnet and TNPA financial policies for governed expenditure issues relate all aspects of Asset Accounting.
• Ensuring CFRCs are implemented and sustainable throughout reporting period for Head Office.
• Ensure fixed assets verification is conducted annually and fixed asset register updated for Head Office.
• Training and guidance to Ports Assets Controllers to ensure that staff are kept abreast of new regulation, procedures and processes.
• Liaison with external and internal audit for TNPA fixed assets.
• Monitoring and controlling Capital work in progress and raise provisions and accruals for capital expenditure to ensure that transactions are accurately accounted for in the correct accounting period.
• Monitor data integrity and the accuracy of data in the fixed asset register.
• Monitor depreciation and tax rates to ensure compliance with accounting policies,
• Ensure all leases are recorded accurately per IFRS 16 on a monthly basis and all related expenses for lease agreements reconcile to lease schedules and the Transnet Lease Calculator.
• Assist National Fixed Assets Manager with corporate duties and running of projects e.g. Revaluation projects and early adoption of IFRS standards.
• Super User for SAP Fixed Assets Module. This includes performing the monthly depreciation run as well as annual and interim updating of movements and deferred tax for Investment Property and Revaluations in the sub-system.

Job Requirements:

• B. Comm (Accounting) degree
• Minimum 6 years’ experience in Fixed Assets
• Competencies:
  • Computer literate
  • Sound knowledge of SAP ERP (FI-AA) – Fixed Assets module
• Knowledge required:
  • Detailed understanding of all relevant legislation and accounting standards
  • Understanding of reconciliation processes
• Skills Required:
  • Communication
  • Attention to detail
  • Interpersonal skills
  • Stress/pressure management
  • Problem solving
  • Decision making
  • Honest
  • Deadline oriented
  • Integrity

Job Details:

Company: Transnet

Vacancy Type:  Full Time

Job Location: Emalahleni

Application Deadline: N/A

Apply Here

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