Finance Officer: Assets Management

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iSimangaliso Wetland Park Authority, a renowned World Heritage Park where conservation, sustainable tourism and benefit sharing prevails, is looking for an experienced Finance Officer: Assets Management.

Reporting to the Finance Manager, the successful candidate will work towards maintaining, controls and monitoring of assets in accordance with laws and regulations of iSimangaliso’ s strategic objectives.

Requirements for the Job

Minimum qualifications: National Diploma in Financial Accounting or equivalent (NQF 6); 2 years’ experience in Financial Accounting; knowledge of financial systems and Assets Management:  Pastel and Sage Evolution; 3 years’ experience working in a similar environment; knowledge of Microsoft Office: Excel, MS Word, Power Point, and valid driver’s license. Experience in the Public Sector will be an added advantage.

Competencies: Analytic thinking, business acumen and customer centric focus

Key Performance Areas

Acts as custodian of iSimangaliso’ s assets; Monitors the fixed asset register by checking purchases from the general ledger and records on the system monthly. Plan and execute the asset verification, investigate, and report on variances, make necessary recommendations to resolve discrepancies and update the assets register. Maintain asset registers including acquisitions, maintenance management, transfers, and valuations. Execute and monitor the implementation of the asset acquisition, maintenance, and disposal plans. Continuously liaises with Information Technology and Departments in relation to movement of assets and assesses the condition of assets and in conjunction with Managers makes recommendations to the CFO on whether to dispose of the assets.

Execute implementation of the asset management system, including departmental policies and procedures. Implement and manage mechanisms to safeguard assets. Prepare a monthly reconciliation with supporting schedules of the asset registers to the relevant accounting records and resolve uncleared items. Report on Assets management information as required to internal and external stakeholders. Manage valuations for immovable assets and update the assets register. 

Insurance of Assets

Ensures all new assets acquired by providing detailed descriptions of all new assets acquired. Submits a fixed asset register to the Insurer on an annual basis and ensures that all company electronic equipment for employees is insured. Processes all insurance claims for damaged and lost company electronic equipment of employees. Ensures that all documentation for insurance claims is attached and that all claims are authorised. Files all documentation and follows-up on insurance claims to close files upon settlement of claims. Files all documentation and follows-up on insurance claims to close files upon settlement of claims. Generates insurance claim reports on monthly basis. Updates returned electronic equipment upon resignation of employees and verifies these assets with Information Technology.

Contract Management

Development and maintenance of contract tracking sheet and contract register. Reviewing terms of contracts on a monthly or quarterly basis.


Response to the advertised vacant position and closing date:  Please send your application letter with a detailed CV stating the reference number and the position you applying for with certified copies of qualifications, ID and driver’s license attached to: before the close of business on 26 November 2021.  Certification should not be older than 3 months.  Failure to submit the certified copies will result in your application not being considered.   Qualifications and experience must be stated both in the covering letter and CV. No applications will be accepted after the closing date and time.

Appointment of the candidate into this position will be made at the sole discretion of the iSimangaliso Wetland Park Authority. Applicants who have not received any response within 60 days from closing date should consider their applications unsuccessful. The appointment for this position will be made in accordance with the Employment Equity Policy and Employment Equity Plan of iSimangaliso Wetland Park Authority.

For any administrative matters in relation to this advert you may call Nonhlanhla Mdamba at 035-5901633 during business hours between 8h00 and 16h00.


Closing Date

26 Nov 2021

Based at

iSimangaliso Wetland Park Authority

Contact Details

Nonhlanhla Mdamba



Reference Number

HR- 04/2021

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