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Finance Specialist
3 months ago
ABOUT THE COMPANY
The International Potato Center, known by its Spanish acronym CIP, was founded in 1971 as a root and tuber research-for-development institution delivering sustainable solutions to the pressing world problems of hunger, poverty, and the degradation of natural resources. CIP is truly a global center, with headquarters in Lima, Peru and offices in 20 developing countries across Asia, Africa, and Latin America. Working closely with our partners, CIP seeks to achieve food security, increased well-being, and gender equity for poor people in the developing world. CIP furthers its mission through rigorous research, innovation in science and technology, and capacity strengthening regarding root and tuber farming and food systems.
JOB SUMMARY
The International Potato Center (CIP) is looking for a Finance Specialist with excellent organizational skills, who will be managing CIP's fixed assets, ensuring their accuracy and compliance with regulatory requirements. This role involves close collaboration with various departments to manage asset disposal, depreciation, and overall asset management practices, thereby optimising asset utilization and supporting strategic decision-making.
RESPONSIBILITIES
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.Depreciation and Amortization.Monitor changes in asset useful lives and salvage values, adjusting depreciation schedules as necessary.Prepare and analyse 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 assets 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.
REQUIRED SKILLS
Stakeholder communication, Auditing of accounts, Compliance, Collaboration, Reporting
REQUIRED EDUCATION
Bachelor's degree
