A person working as a Fixed Asset Accountant in South Africa will on average earn $7699 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $7,699.00 |
| Weekly salary | $148.06 |
| Daily salary | $21.09 |
| Hourly salary | $2.64 |
This means fixed asset accountant salary is above average!
Job Industry: accounting
Description: A fixed asset accountant is responsible for managing and maintaining a company's fixed assets, which include land, buildings, vehicles, machinery, and equipment. Their primary role is to ensure accurate recording and reporting of fixed assets in compliance with accounting principles and regulations. They track the acquisition, depreciation, disposal, and valuation of fixed assets, ensuring that all transactions are properly recorded in the general ledger. Fixed asset accountants also conduct periodic audits to verify the physical existence of assets and reconcile any discrepancies. They collaborate with other departments to gather information on asset acquisitions and disposals, and provide support during financial audits. Attention to detail, strong analytical skills, and knowledge of accounting principles and regulations are essential for this role.
Tagged with: fixed asset management, financial accounting, depreciation accounting, asset valuation, financial reporting, compliance.