Accountant, Inventory

Job Purpose

The Accountant, Inventory is responsible for recording, monitoring, and reconciling fixed assets, ensuring compliance

with Company's accounting policies. This role also oversees asset capitalization, depreciation, and disposals, supporting

accurate financial reporting.

Key Duties & Responsibility

1. Maintain the fixed asset register, recording additions, disposals, and transfers to ensure accurate financial

representation.

2. Review and execute monthly depreciation run, confirming adherence to company policies.

3. Coordinate physical asset inventory with custodian departments, reconciling discrepancies to verify asset

existence.

4. Monitor capital expenditure budgets, ensuring adherence to approved limits.

5. Transfer Capital Work in Progress (CWIP) to fixed assets upon project completion, recognizing new assets in the

accounting records.

6. Review entries for capital expenditures, ensuring compliance with SOCPA standards.

7. Generate CAPEX reports, providing insights to all stakeholders.

8. Review Fixed Asset (FA) clearing accounts, ensuring balances are accurately capitalized and reconciled.

9. Prepare fixed asset schedules for audit purposes and respond to audit inquiries.

Position Requirements

University degree in a financial or accounting discipline.

Qualified accounting professional (CPA or equivalent) will be considered as an

advantage.

2+ years experience in Fixed Asset accounting in industrial organization.