ދިވެހިރާއްޖެ
Ref No: FNK/A/IUL/2018/129
Job Vacancy
Title: Senior Officer
Location: Head Office
Company: FENAKA Corporation Limited
Department: Finance Department
Basic Salary: MVR 5,480
Service Allowance: 30%
Attendance Allowance: 20%
Overtime Allowance: 50%
Qualification and Experience required
- Diploma in Accounting/Finance completed and have and have minimum 1 year of experience (OR)
- GCE A Level or equivalent qualification completed and have and have minimum of 2 year of experience (OR)
- GCE O Level or equivalent qualification completed and have and have minimum of 3 year of experience (OR)
Specific Duties and Responsibilities:
Financial and Management Reporting
1. Create and monitor a system of controls, procedures, and forms for the maintenance of fixed assets in the ERP system in accordance with the IAS 16
3. Assign tag numbers to fixed assets.
4. Record fixed asset acquisitions and dispositions in the ERP system.
5. Track the compilation of project costs into fixed asset accounts in the ERP system, and close out those accounts once the related projects have been completed.
6. Reconcile the balance in the fixed asset subsidiary ledger to the summary-level account in the general ledger.
7. Calculation of depreciation for all fixed assets.
8. Update the detailed schedule of fixed assets and accumulated depreciation.
9. Assist in Calculate asset retirement obligations for those fixed assets to which (Asset Retirement Obligations) AROs are applicable
10. Investigate the potential obsolescence of fixed assets
11. Conduct periodic impairment reviews for tangible and intangible assets based on instructions by Manager and Chief Accountant
12. Conduct periodic physical inventory counts of fixed assets
13. Assist in preparing recommendation to management whether fixed assets should be disposed of.
14. Conduct analyses related to fixed assets as requested by Chief Accountant
15. Prepare audit schedules relating to fixed assets, and assist the auditors in their inquiries.
17. Track company expenditures for fixed assets in comparison to the capital budget and management authorizations and report to chief accountant
18. Assist in Fixed Assets valuation process
Inventory Management
19. Gather inventory reports from branches and head office and make necessary accounting entries
20. Assist in devising ways to optimize inventory control procedures
21. Analyze data to anticipate future needs by using ERP business intelligence tools
22. Collaborate with branch level employees and other staff to ensure company's inventory goals are met.
23. Check and monitor ROL and ROQ of the inventory at branch level
24. Ensure that all the Goods Received Notes related to release POs are entered to the system.
25. Ensure that all the branches comply with manual bankcard system which are in place and manage inventory accordingly
26. Assist in analyzing the inventory management procedures and arrange periodic physical count
27Collaborate with internal and external auditors on matters related to inventory.
Interested and eligible consultants are invited to submit their Expressions of Interest. Expressions of Interest need to be submitted along with the CV, attested copies of validated documents supporting the candidate’s qualification and experience, and the copy of ID card to the address below on or before 09th April 2018, 13:30 hrs. The applications would not be processed if attested validated documents supporting the candidate’s qualification and experience are not submitted.
FENAKA Corporation Limited
Port Complex Building, 7th floor
Hilaalee Magu,
Male’ 20307
Republic of Maldives
Tel: (960)3307555,
Fax: +960 3317104,
03rd April 2018