ASSISTANT COST & MANAGEMENT ACCOUNTANT

CENORED PTY (LTD)

About the role

Positions: 1 | NEIS Category: Skilled | Employment: Full time / Permanent | Posted: 07-11-2026 VACANCY: ASSISTANT COST & MANAGEMENT ACCOUNTANT DUTY STATION: OTJIWARONGO HEAD OFFICE PATTERSON GRADE: C3 PURPOSE The role of Assistant Cost and Management Accountant is responsible for assets and projects accounting and the accounting for deferred revenue. KEY PERFORMANCE AREAS, AMONGST OTHERS: • Release all purchase requisitions for asset purchases. • Release all appropriation requests for all capital projects and ensure that the system is updated with the budget. • Create assets and ensure accurate data posting of assets (quantity, cost and description) • Post good receipts of asset acquisitions on the accounting system. • Maintain the Fixed Asset Register for Property, Plant and Equipment, Intangible Assets and Right-of-Use (ROU) Assets, ensure asset descriptions, locations, cost centres and responsible departments are accurate. • Maintain records of acquisitions, replacements and disposal and adjustments of all assets immediately. • Execute monthly depreciation run on the accounting system. • Conduct bi-annual asset verification at all locations and update register accordingly. • Prepare the fixed asset register reconciliation monthly and share with the Cost and Management Accountant for review. • Update NENA bi-annually with all the asset capitalizations or adjustments. • Recommend improved internal control policies and procedures. • Ensure that project costs are correctly allocated to work-in-progress. • Capture / uploads project budgets into the project system module on the accounting system. • Verifies that certification of payments by the Project Managers are in line with contract specifications before payment approval. • Execute project cost settlement monthly and prepare a reconciliation as evidence. • Prepare a monthly reticulation reconciliation to ensure that all project costs are moved to assets under construction. • Prepare the monthly general ledger reconciliation for assets under construction showing asset additions and transfers • Prepare project payment reconciliation schedules and retentions reconciliation. • Obtain project completion reports and Capitalise assets under construction on a quarterly basis or as soon as the projects are completed. • Timely update of project status by ensuring that all projects are closed off on the accounting system after asset capitalization. • Create invoices and credit notes for new connections (capital projects) using the correct VAT code and using the internal project reference. • Initiates the corporate annual master budget process and capacitate the departmental heads and senior staff on the preparation of annual capital expenditure budget. • Prepare for and assist with external audits. • Facilitate the opening and closing of annual asset period and annual project investment program creation. MINIMUM REQUIREMENTS: • Bachelor’s degree in accounting – NQF Level 7. • 2 years applied & recent experience in the following functions: Budgeting, Project and Asset Accounting and Deferred Revenue. • Experience in working with SAP or SAP S/4HANA or any comparable ERP will be an added advantage • Valid Code B Driver’s License SPECEFIC KNOWLEDGE: • VAT Act • Practical experience working with an ERP system, preferably SAP or SAP S/4HANA. • Presentation skills • Asset & Project Accounting • Revenue Recognition • Preparation of Management Reports • Computer Literacy (Excel & Word) • Report writing • IFRS knowledge CENORED is an equal opportunity Employer, and previously disadvantaged people are encouraged to apply. Interested and qualified applicants are required to submit their application via the CENORED.Simply HR Career Portal.NB!!: Only Applications submitted via the Cenored Simplify HR Portal will be considered. Closing Date: Friday, 20 November 2026 @ 16h30 Company Contact: Address: Frans Indongo Street, Otjiwarongo. Otjiwarongo, OD, Namibia Phone: +264 67 314 100 Website: http://www.cenored.com.na

Requirements

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Source: Otjizu Jobs admin import