DP World Vacancies Tanzania: Inventory and Fixed Asset Accountant- Ports and Terminals
Job Function
As Inventory and Fixed Asset accountant you are expected to ensure the accuracy of inventory numbers and identify discrepancies in a timely manner. Also, he/she is expected to safeguard company’s asset against loss and misappropriation by implementing effective internal controls on those assets
Key Performance Areas:
- Planning and carrying out of annual stock taking and preparation of report and follow up of outstanding issues.
- Monitor inventory and prepare inventory aging reports
- Reconciling inventory G/Ls
- Perform reconciliation between Store and financial accounting system
- Reviews accuracy of inventory movement and cost adjustments
- Prepare inventory reports for management, including inventory valuation
- Collaborate with other sections/departments, including procurement, store to ensure accurate inventory forecasting and planning.
- Updating Authorization for Expenditure (i.e., AFE) forms for FM and CFO review before submitting for approval.
- Create and monitor a system of controls, procedures, and forms for the recordation of fixed assets.
- Effectively track fixed assets by allocating tag numbers
- Work closely with Project Managers/ Technical department to track Construction in Progress (CIP) project progress and capitalize at the completion of the project
- Ensure compliance with internal fixed asset policies and GAAP regulations
- Perform reconciliation of fixed asset subsidiary ledger balance with the general ledger account
- Run monthly depreciation for all fixed assets.
- Review and update the detailed schedule of fixed assets and accumulated depreciation.
- Conduct annual physical fixed asset count
- Conduct analyses related to fixed assets as requested by management.
- Prepare audit schedules relating to fixed assets and assist the auditors in their inquiries.
- Track company expenditures for fixed assets in comparison to the capital budget and management authorizations.
- Drive process improvements and automation to improve efficiencies within the company
Qualifications Required:
- BSc degree in Accounting, Finance or relevant field
- Professional qualification such as ACCA/CPA preferred.
Experience and Skills Required:
- A minimum of 3 years’ experience as an Inventory & Fixed Asset accountant or similar role.
- Possess strong proficiency in Excel and accounting software (Oracle)
- Strong knowledge and experience of fixed assets and General Ledger
- A solid understanding of accounting principles
- Organizational and time-management skills.
- Attention to detail and accuracy.
- Ability to work collaboratively with the existing team
- Abilities to work under pressure and minimum supervision
About DP World
Trade is the lifeblood of the global economy, creating opportunities and improving the quality of life for people around the world. DP World exists to make the world’s trade flow better, changing what’s possible for the customers and communities we serve globally.
With a dedicated, diverse and professional team of more than 111,000 employees from 159 nationalities, spanning 77 countries on six continents, DP World is pushing trade further and faster towards a seamless supply chain that’s fit for the future.
We’re rapidly transforming and integrating our businesses — Ports and Terminals, Marine Services, Logistics and Technology – and uniting our global infrastructure with local expertise to create stronger, more efficient end-to-end supply chain solutions that can change the way the world trades.
What’s more, we’re reshaping the future by investing in innovation. From intelligent delivery systems to automated warehouse stacking, we’re at the cutting edge of disruptive technology, pushing the sector towards better ways to trade, minimising disruptions from the factory floor to the customer’s door.
DP World is on a mission to transcend boundaries and bridge the gap between all nations and cultures – not just in what we do but also in how we behave.
We are dedicated to creating a culture where everyone feels respected, supported, and empowered to reach their full potential. We believe that embracing inclusion and diversity, drives innovation and growth and helps us connect people, businesses, and societies. Free minds and different perspectives are changing our world, and together we can change what’s possible.