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Finance Specialist

2 months ago


Nairobi, Nairobi Area, Kenya International Potato Center Full time
Fixed Asset Manager

The International Potato Center, known by its Spanish acronym CIP, is a leading research-for-development institution dedicated to delivering sustainable solutions to pressing global challenges.

About the Role
  • Fixed Asset Management:
    • Supervise the maintenance of accurate records for all fixed assets, including registration, depreciation, and disposal.
    • Conduct surprise physical inventories to verify the existence and condition of fixed assets in different country offices.
    • Reconcile Country Fixed Asset Register with CIP Master File and train staff on using the fixed assets module in CIP ERP.
    • Ensure compliance with accounting standards, tax regulations, and CIP policies related to fixed assets.
    • Develop standard procedures for the correct management of fixed assets across various CIP offices.
  • Disposal:
    • Facilitate the disposal of obsolete or surplus assets in accordance with CIP policies and regulatory requirements.
    • Monitor changes in asset useful lives and salvage values, adjusting depreciation schedules as necessary.
    • Prepare and analyze depreciation forecasts and budget projections.
  • Reporting and Analysis:
    • Generate regular reports on fixed asset activities, including additions, disposals, and depreciation expenses.
    • Provide insights and analysis on fixed asset performance, utilization, and return on investment.
    • Collaborate with financial analysts and management to support decision-making processes related to capital investments and asset management strategies.
  • Compliance and Audit Support:
    • Assist internal and external auditors in conducting fixed asset audits and compliance reviews.
    • Ensure adherence to IFRS (International Financial Reporting Standards) regarding fixed asset accounting and reporting.
    • Implement and maintain internal controls to safeguard fixed assets and prevent fraud or misappropriation.
Requirements
  • Bachelor's degree in Accounting, Finance, or a related field.
  • CPA or CFA designation preferred.
  • Proven experience (5+ years) in fixed asset accounting, preferably in a corporate or large organizational setting.
  • Proficiency in accounting software (e.g., SAP, U4) and Microsoft Excel for data analysis and reporting.
  • Strong understanding of accounting principles and standards governing fixed assets, depreciation, and amortization.
  • Excellent analytical skills with the ability to interpret financial data and identify trends or discrepancies.
  • Detail-oriented mindset with a focus on accuracy and precision in recordkeeping and reporting.
  • Effective communication and interpersonal skills for collaborating with cross-functional teams and stakeholders.
  • Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.