Temporary Capital Accountant Mining.
The Capital Accountant will be responsible for the control of capital expenditure and estimates.
Professional Accounting qualification and a minimum of 5 years experience in the capitalization of mining assets essential.
Duties & Responsibilities
KEY PERFORMANCE AREAS:
Maintain and Update the current fixed asset registers
Review current fixed asset impairments and provide comment on these.
Prepare current completed project assets for capitalisation
Prepare and provide Capitalisation methodology for project assets to be capitalised during 2021
Prepare list of Assets for derecognition in preparation for capitalisation of new assets
Prepare and outline capital asset verification process
Prepare and document sustaining capex budget procedures
Create asset worklists and action asset changes as required
Review and provide calculation for depreciation for all fixed assets.
Investigate potential obsolescence / disposals of fixed assets.
Provide guidance and support for needed asset audits and the provision of relevant information to support the Internal and external audit of the investment process.
Implement standard processes and procedures for investment appraisals and depreciation methods.
Ensure that creation of asset records and settlement of project costs through capitalisation is to the required standards and is able to give the required level of operational business analysis.
Set up capital and admin projects to the required standard and appropriate profile.
Prepare management accounts and management reporting packs for capital expenditure, balance sheet, depreciation, project cash flows and divisional project portfolios as required.
Reviewing and updating the detailed schedule of fixed assets and accumulated depreciation (Fixed Asset Register).
Provide guidelines and policies for preparing of monthly capex forecast and annual budgets.
To create and amend asset records and undertake settlement of capital project costs to fixed asset records in line with required financial treatment.
Package & Remuneration
R R800k - R1 million Annually