Executive, Finance & Accounting

Asset Management

• Collate annual budget for capital expenditure (CAPEX) for clearance by Manager and approval by senior management.
• Review CAPEX approval paper for procurement.
• Monitor and track CAPEX utilisation to ensure optimal utilisation within budget
• Review unbudgeted or ad-hoc budget requests submitted by Operation units during the year to ensure justifications for purchase are in order and correct approving authorities are indicated in the request.
• Liaise with key stakeholders on all CAPEX budget and utilisation matters.
• Prepare month-end and year-end Fixed Assets (PPE and IA) schedules for Manager clearance.
• Prepare depreciation forecast for expenditure projection and reporting where necessary
• Monitor asset replacement and prepare journal entries for draw-down on fixed asset reserves
• Work with Finance Shared Services on Fixed asset sighting and monitor/review asset disposal
• Ensure asset acquisition or disposal are accounted correctly in accordance with accounting standard and policy  
• Oversee Finance Shared Services-Asset team’s performance
• Prepare and submit asset reports
• Review and approve purchase requisition
• Work closely with accounts payable on related purchase requisition and e-Payments.
• Analyse financial data to identify trends and potential issues
• Work with auditors to co-ordinate internal and statutory audits
• Other duties as assigned.