RCL FOODS is a deeply rooted South African food manufacturer that produces some of the country’s most-loved brands: Yum Yum peanut butter, Nola mayonnaise, Ouma rusks, and Sellati sugar, just to name a few. At the heart of our culture and strategy is our Purpose – WE GROW WHAT MATTERS – which encapsulates our belief in collectively doing that little more to create a positive impact that matters. We are seeking a Fixed Asset Controller to join our Sugar Division. The role will be based in Malalane. RCL FOODS is looking for an individual who will be responsible for making all finance system workflow and operational decisions that fall within the ambit of responsibility. We entrusts the individual to evaluate, review and control all fixed asset transactions and the administration of Insurance claims within the scope of responsibility.
- Responsible for evaluating, review and control of all fixed asset transactions and the administration of insurance claims within the scope and ambit of finance responsibility.
- Asset Control & Review: Create/evaluate CAPEX projects; transfer budget & contingency; control projects and capital work in progress; ensure timely capitalisation; review and sign off on capitalisation, disposal & transfer schedules; review asset master data (naming conventions, categorisations, depreciation, tax allowances); manage yearly physical verifications, useful lives reviews and zero book value assets.
- Control of Finance Leases: Prepare input templates for leases in lease app; raise Right of Use assets (ROU) and liabilities in SAP based on present value calculations; prepare adjustment journals for lease liability, ROU assets, interest and depreciation.
- Audit: Support audits and implement corrective actions to improve controls.
- Insurance administration: Assess claims for accuracy, validity, completeness and capture them.
- Reporting: Compile and maintain statistics for asset movements; complete month-end and year-end reports and reconciliations.
- B. Com Degree in Accounting.
- Minimum of 2 years’ experience in a fixed assets or similar role.
- 1 year experience supervising/managing a team will be advantageous.
- SAP exposure (Modules Fixed Assets) will be advantageous.
- Computer Literacy: Proficiency in Excel is essential.
- Good knowledge of fixed asset management principles and practices.
- Technical accounting and tax knowledge (specifically related to fixed assets)
- Dynamic, action and detail orientated as well as result and deadline driven
- To be considered for appointment, candidate must be a South African citizen.
