Finance Specialist at International Potato Center

About the role

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 analyze 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 asset 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.

What are we looking for?

• Bachelor's degree in Accounting, Finance, or a related field.
• CPA or CFA designation preferred.
• Proven experience (5+ years) in fixed asset accounting, preferably in a corporate or large organizational setting.
• Proficiency in accounting software (e.g., SAP, U4) and Microsoft Excel for data analysis and reporting.
• Strong understanding of accounting principles and standards governing fixed assets, depreciation, and amortization.
• Excellent analytical skills with the ability to interpret financial data and identify trends or discrepancies.
• Detail-oriented mindset with a focus on accuracy and precision in recordkeeping and reporting.
• Effective communication and interpersonal skills for collaborating with cross-functional teams and stakeholders.
• Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.