Deadline: 22 October 2015
The United Nations Office for Project Services (UNOPS) is currently seeking applications from the eligible applicants for the post of Fixed Asset Accountant based in Mogadishu, Somalia.
UNOPS mission is to serve people in need by expanding the ability of the United Nations, governments and other partners to manage projects, infrastructure and procurement in a sustainable and efficient manner.
Key Job Responsibilities
The Fixed Asset Accountant will perform the following functions-
- Prepare the accounting entries including variances to be posted on United Nations Secretariat’s business management system (UMOJA) using the Depreciated Replacement Cost (DRC) methodology following the identification of the size, location and actual costs of the assets constructed as quantified by the Engineer from the task order management database.
- Prepare journal entries for posting and processing Real Estate Assets on UMOJA by using the relevant site and building identifiers, Architectural Objects, User Objects and create financial internal orders for Assets Under Construction (“AUC”) and fixed asset postings for 100% completed assets, unplanned depreciation entries and closure of internal orders from assets under construction (“AUC”) to completed assets.
- Oversee the proper maintenance of the fixed asset register on UMOJA by recording information related to fixed assets and ensuring the accuracy and integrity of such information. Information includes but is not limited to:
- Data relating to the stewardship and control of fixed assets;
- Costs related to the acquisition and disposal (including transfers and retirement) of fixed assets;
- Expenditures related to fixed assets;
- Depreciation charges;
- Impairment charges.
- Ensure the accurate tracking of existing fixed assets and implements and monitor the periodic physical verification review process on a quarterly basis.
- Undertake the analysis for fixed assets on a regular basis and oversee the proper maintenance of financial records in accordance with IPSAS Policy Framework and related UN IPSAS policies.
- Activities include but are not limited to:
- Posting depreciations, impairments, revaluations, asset retirement obligations and assets under construction project costs;
- Reviewing and updating detailed schedules including annual additions and disposals, accumulated depreciation, and roll-forward tables;
- Closing out accounts at year-end and supporting reconciliation of accounting balance of fixed assets;
- Audit preparation relating to fixed assets, assisting in the preparation of financial statements and footnotes, and assisting auditors in their inquiries;
- Maintaining fixed asset sub ledgers including data entry or import of capital equipment into fixed asset sub ledgers and review of supporting documentation, as needed;
- Confirming the accuracy and completeness of fixed asset records including system updates, manual journal entries, account reconciliations, and analyses.
- Maintain the fixed asset accounting framework established by UN Headquarters and detailed in standard operating procedures (SOPs) by:
- Engaging with other stakeholders to ensure proper and efficient accounting methods as well as understanding their business needs as it pertains to fixed asset accounting transactions and reports;
- Ensuring compliance with Headquarters’ policy relating to fixed assets;
- Developing and maintaining fixed asset accounting procedures in accordance with Headquarters’ guidelines.
- Provide guidance in relation to IPSAS accounting and makes appropriate observations to the Project Manager and Chief Engineer.
- Manage the Real Estate Team and resources according to the agreed priorities and work plans, and prepare client reports and updates.
- Carry out other project related duties as instructed by the Project Manager / Country Coordinator.
Eligibility Criteria
Applicants must have-
- Advanced university degree (Master’s degree or equivalent) in property management, asset management, accounting, real estate, business administration or related area.
- A bachelor’s degree in a related field with two additional years of relevant experience may be accepted
- Excellent written and oral command of English. Knowledge of another UN official language is an advantage.
- A minimum of five years of progressively responsible professional experience in property management, accounting, finance, budget, administration (2 additional years of relevant experience will be required for those who do not hold an advanced university degree) .
- Experience with working in SAP, experience with United Nations system financial and property management policies and practices, as well as the financial regulations and rules is desirable
How to Apply
Applications must be submitted through online process.
For more information, please visit UNOPS.
