Sol Plaatje University (SPU) in Kimberley, Northern Cape, has an exciting opportunity for an Assets Officer to join their dynamic team. This role offers an essential support function within the university, specifically to assist the Manager: Assets in overseeing the management, monitoring, and reporting of assets. The position presents a chance to contribute to the operational success of the university, ensuring efficient resource management and compliance with asset management policies and procedures.
Assets Officer Job Overview:
- Position: Officer (P10): Assets
- Location: Kimberley, Northern Cape
- Job Type: Permanent
- Division: Office of the Chief Financial Officer
- Business Unit: Assets Expenditure and SCM
- Posted: 28 March 2025
- Closing Date: 11 April 2025
If you’re passionate about asset management, have a background in finance, and meet the job requirements, this could be the perfect opportunity for you.
Key Responsibilities:
As the Assets Officer, your role will involve a variety of responsibilities, including but not limited to the following:
Asset Management:
- Reconciliation of the fixed assets register, ensuring all movable assets, work in progress, land, buildings, leased assets, leasehold improvements, and intangible assets are accurately recorded and reconciled with the general ledger.
- Assisting with the unbundling of work in progress to land and buildings, aligning with the accounting framework.
- Overseeing asset verification and reporting on any discrepancies or variances, with recommendations for resolution.
- Managing operational requirements for asset management, including barcoding needs and ensuring asset identification processes are in place for additions and disposals.
- Depreciation management, ensuring correct calculation and application in line with the university’s accounting framework.
- Identifying assets at risk of full depreciation and monitoring any indicators that might lead to impairment or changes in the asset’s useful life and residual value.
Infrastructure Cashbook:
- Processing payments from the infrastructure bank account.
- Bank reconciliations to ensure alignment with bank statements.
- Reconciliation of the infrastructure subsystem to the general ledger, ensuring accuracy in the financial records.
User Education and Training:
- Staying updated with any changes in accounting standards and understanding their impact on financial reporting.
- Providing day-to-day coaching to staff on asset management policies, procedures, and protocols.
- Assisting with training and orientation of new staff in asset management practices.
Policy and Procedure Development:
- Contributing to the development and improvement of the university’s asset management policies and procedures, offering suggestions to enhance operational efficiency.
- Providing input to the Resource Management function, ensuring fair allocation of workloads and overseeing the operational activities of junior staff members.
Monitoring, Evaluation, and Reporting:
- Assisting in the preparation of asset figures for quarterly financial reporting.
- Preparing asset schedules for year-end financial statements, ensuring compliance with accounting policies.
- Researching and implementing best practices in asset management, and assisting with strategic and operational reporting to the university’s relevant committees and council.
Customer Service and Communication:
- Providing excellent customer service by addressing queries related to asset management.
- Collaborating with relevant stakeholders to ensure alignment on asset management practices and reporting requirements.
Minimum Requirements:
To be considered for this position, candidates must meet the following minimum qualifications and experience:
- A Bachelor’s degree in Accounting.
- A minimum of 3 years’ work experience, including at least 1 year at a supervisory level within asset management.
- Proficiency in MS Office (particularly Excel and Word).
Recommended Qualifications:
- Familiarity with the Integrator System (ITS), particularly in asset management processes.
Personal Attributes and Skills:
The ideal candidate for this role should possess:
- Strong attention to detail and accuracy in asset reconciliation and reporting.
- A proactive approach to problem-solving, with the ability to investigate and resolve discrepancies.
- Strong organizational and communication skills, with the ability to work effectively in a team environment.
- An eagerness to stay informed on the latest industry standards and best practices.
Terms and Conditions:
- Assumption of duties: As mutually agreed upon upon acceptance of the appointment.
- The university reserves the right not to make an appointment for this position.
- Women and people with disabilities are encouraged to apply.
- Sol Plaatje University (SPU) is committed to meeting its Employment Equity targets.
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How to Apply:
Interested candidates who meet the requirements are invited to apply by sending their applications to spurecruit@spu.ac.za.
Application Deadline:
All applications must be submitted no later than 11 April 2025.
Also check: PSV Circular 11 of 2025: Available Government Vacancies in South Africa 2025
The Assets Officer Job Opportunity at Sol Plaatje University presents an excellent chance for qualified professionals in the field of asset management to contribute their expertise in a dynamic and rewarding environment. With a focus on supporting asset management operations, overseeing reconciliation, and ensuring financial compliance, this role offers a variety of responsibilities that align with both professional growth and the broader goals of the university.
