Fixed Asset Management:

• Maintain and update the fixed asset register, ensuring accurate recording of acquisitions, disposals, transfers, and impairments.
• Classify assets (land, buildings, machinery, vehicles, etc.) in compliance with company policies and accounting standards (IFRS/GAAP).
• Conduct periodic physical verification of fixed assets and reconcile with financial records.

Depreciation & Amortization:

• Calculate and record monthly depreciation/amortization for all fixed assets.
• Review asset useful lives and salvage values, recommending adjustments as needed.

Capital Expenditure (CapEx) Tracking:

• Monitor and report on capital projects, ensuring proper capitalization of costs.
• Collaborate with project managers to track WIP (Work in Progress) and transfer assets to operational status upon completion.

Compliance & Reporting:

• Prepare audit schedules and support internal/external audits related to fixed assets.
• Ensure compliance with tax regulations.
• Generate monthly/quarterly fixed asset reports for management.

Process Improvement:

• Identify inefficiencies in asset tracking and propose automation/process enhancements.
• Implement best practices for fixed asset lifecycle management.

Cross-functional Collaboration:

• Work closely with procurement, project teams, and finance to validate asset purchases and disposals.
• Liaise with tax teams for fixed asset-related tax filings.