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 analyse 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 assets 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.