Fixed Asset and Stock Accountant

Job description

Job Title : Fixed Asset and Stock Accountant

1. Inventory Control

Coordinate and control inventory related to mining operations, ensuring accurate stock records for raw materials, spare parts, fuel, explosives, and other mining-related supplies. The role supports financial reporting and operational efficiency through effective inventory accounting and reconciliation.

Key Responsibilities:

Monitor stock levels of mining consumables, equipment parts, and critical supplies.
Conduct regular physical stock counts at mine sites and Main Stores.
Reconcile physical stock with system records and investigate discrepancies.
Track and allocate costs for mining inputs (e.g., fuel, explosives, lubricants).
Perform & maintain accurate valuation of stock using appropriate costing methods (FIFO,
weighted average).
Implement cost control initiatives and budgeting processes.

2. Fixed Asset register

Managing and maintaining accurate records of the company’s fixed assets, ensuring compliance with accounting standards and regulatory requirements. This role involves
tracking, valuing, and depreciating fixed assets, as well as performing periodic
reconciliations and audits.

Key Responsibilities:

Maintain accurate and up-to-date records of fixed assets, including additions, disposals and transfers.
Calculate and record depreciation, amortization, and impairment of fixed assets in accordance with appropriate accounting standards.
Perform periodic reconciliations of fixed asset accounts to ensure accuracy and identify discrepancies.
Conduct physical counts and audits of fixed assets to verify existence and condition.
Prepare and review financial reports related to fixed assets, including asset valuations and depreciation forecasts.
Ensure compliance with accounting standards, regulatory requirements, and company policies related to fixed assets.

3. Accounting & Reporting

Record inventory and Fixed Asset transactions in ERP systems (e.g., Microsoft DY365)
Reconcile inventory accounts & Fixed Asset accounts with the general ledger.
Prepare monthly and quarterly inventory and Fixed Asset reports for finance and operations teams.
Collaborate with other departments to ensure accurate and timely recording of fixed asset transactions.
Analyze and resolve discrepancies in Inventory and fixed asset accounts and implement corrective actions as needed.
Develop and implement procedures to improve the efficiency and accuracy of inventory and fixed asset accounting processes.

4. Compliance & Risk Management

Maintain & Coordinate compliance with internal controls, safety regulations, and audit standards.
Develop and implement procedures to improve the efficiency and accuracy of inventory and fixed asset accounting processes.
Support internal and external audits related to fixed assets and inventory.

5. Operational Support

Collaborate with procurement, stores, and production teams.
Provide insights into stock usage & asset utilization trends to optimize inventory levels & asset usage respectively.
Any other duties assigned.

6. Qualifications & Skills:

Bachelor’s degree in accounting, Finance, Business Administration, or related field.
Professional certification (e.g., ACCA, CIMA, ZICA) is an advantage.
5+ years of experience in inventory & fixed asset accounting, preferably in mining, retail.
Proficiency in Excel, any ERP systems (preferably Microsoft Business Central) and inventory management software.
Strong analytical, organizational, and communication skills.
Knowledge of mining operations, Supermarket Chain Store and supply chain processes is an added advantage.
ZICA members with good standing
Proof of ZAQA Validated certificates

Those who meet the above requirements should submit hand written application letters, detailed curriculum vitae with copies of tertiary qualifications to the Human Resource Manager not later than Friday 22 August 2025 or Send Via Email:dmusonda@opermin.com