FISE668- 2026 FUNCTIONAL HEAD: ASSETS (ACCOUNTING)

DEPARTMENT: GROUP FINANCIAL SERVICES

Division: Financial Reporting and Assets

Section: Assets Compliance, Control and Management

Location: Pretoria Central

Reference number

FISE668- 2026

Position

FUNCTIONAL HEAD: ASSETS (ACCOUNTING)

To be advertised

Internal

External

This position seeks to attract

African female

African male

Coloured female

Coloured male

Indian female

Indian male

White female

White male

Person with disability

All categories

Job level

T15

Scale

R652 932,00 – R906 864,00 per annum

Estimated

remuneration package

R862 995,00 – R1 186 203,00 per annum

Job purpose

To assist the deputy director to perform and prepare all calculations relating to fixed assets, to process all transactions relating to fixed assets accounting and to assist the Deputy Director: Asset Accounting to prepare the inputs to be provided to the Deputy Director: Financial Performance Reporting as and when required for monthly, quarterly and annual financial statements

Appointment 

requirements

An appropriate three-year career-related tertiary qualification (national diploma or degree) in Accounting, Financial Management or any other study field related to the position

At least six years’ working experience in an asset management accounting environment

Supervisory experience will be an added advantage

Compliance with the unit standards of the Local Government: Municipal Finance Management Act, 2003 (Act 56 of 2003), as prescribed by Regulation 493 of 15 June 2007, as published in Government Gazette 29967 of 15 June 2007, will be an added advantage

A valid Code B driving licence

Computer literacy with SAP and advanced Excel knowledge

Must undergo a criminal record check and such a person shall allow their fingerprints to be taken by the Tshwane Metro Police Department at own cost 

Personal attributes

and/or competencies

Verbal and written communication skills; planning and organising skills; financial management skills; ability to work under pressure; good interpersonal skills; negotiation skills; conflict-handling skills

Primary functions

Assist with processing monthly depreciation in line with the month-end schedule, such as compiling and processing financial data, balancing processed data and ad hoc journals on request or as required and calculating depreciation on assets capitalised with an earlier date

Assist with performing a reasonability test on the depreciation figures on an annual basis as calculated and processed by SAP

Assist with the accounting of asset disposals as and when required as well as the analysis of the disposal general ledger for cash flow purposes

Assist with the monthly reconciliation between the fixed asset register and general ledger control accounts by extracting the financial assets register, drawing a trial balance and updating the register with manual transactions and restatements

Overlook the reconciliation of assets held for sale

Prepare inputs to be provided to the directorate responsible for the compilation of monthly, quarterly and annual financial statements

Assist to perform accounting calculations on an annual basis (annual impairment, useful life review, review of depreciation method and general ledgers) and process the required transactions on the accounting system, which will also update the fixed asset register

Assist with annual GRAP requirements

Ensure that proper records are kept for all asset accounting activities

Manage subordinates within the asset accounting section to always ensure maximum efficiency and use of available resources

Assist with updating policies and procedures relating to asset management and accounting

Assist with addressing and responding to queries from internal stakeholders with regard to accounting entries for assets

Assist with addressing and responding to internal and external audit queries

Assist with the implementation of the application of new GRAP standards as and when these become effective or are early adopted in daily operations

Perform ad hoc tasks as and when required by the Deputy Director: Asset Accounting

Report to institutions on capex, such as Statistics South Africa, the National Treasury, REDS, etc

Assist with information and draw reports for budget purposes

Manage the day-to-day operations of asset accounting, planning, organising, coordination, control and standards

Conduct administrative tasks and training on GRAP and other accounting standards and transfer skills

SAP

S70011124

New/natural attrition

Natural attrition

Enquiries

F Mangwegape (012 358 5350) or G Lekwatsipa (012 358 1713)