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Experience
1. To keep senior people informed of any updates relating to the management of Fixed Assets
2. To assign tags to each Fixed Asset so they can be tracked through the chosen fixed asset management software involving QR codes (to print barcode labels) and asset barcoding).
3. To record information on the Fixed Asset Management system and ensure it is up to date (a quality, automated system helps to make light of data-entry and monitoring).
4. To record every Fixed Asset, including ghost assets and disposals.
5. o track costs of Fixed Assets, manage depreciation and encourage cost-savings wherever possible.
6. To calculate depreciation (a system like Mojodat, the most popular Fixed Asset system, will be able to manage this aspect) and reconcile the balance in the Fixed Asset subsidiary ledger to the summary account in the business’ general ledger.
7. To update the schedule of Fixed Assets.
8. To calculate Fixed Asset retirement needs.
9. To conduct a regular Fixed Asset audit involving asset counting and recommend which Fixed Assets should be disposed.
10. To conduct analysis of all Fixed Assets on a regular basis and make recommendations for the future.
11. To audit Fixed Assets regularly and when auditors enter the business, to assist them with their requirements, if any.
12. To estimate the life value of each Fixed Asset and calculate yearly depreciation.
13. To physically view every Fixed Asset on a regular basis and observing for theft, damage, or anything else that may limit their performance perhaps using asset GPS tracking.
14. To use a system of controls to record and manage Fixed Assets ,responsible for finding a robust asset tracking system to hold all data in one, accessible and easy-to-manage place.
Note - Candidates with 8-10 years of exp in Construction OR contracting company. At least 3 years of experience in Management role.