Fixed and Movable Asset Accountant

2 weeks ago


Santo Tomas, Calabarzon, Philippines Lorenzana Food Corporation Full time ₱800,000 - ₱1,200,000 per year

Job Qualifications:

  • Bachelor's Degree in Finance or Accounting
  • +1 or 2years experience in field inventory or in accounting
  • Expertise with MS Office, especially excel

Key Responsibilities:

Asset Accounting & Recording

  • Maintain and update the Fixed Assets Register (FAR) for both fixed and movable assets
  • Record acquisitions, transfers, retirements, and disposals in line with company policy and accounting standards (e.g., IFRS, PFRS)
  • Ensure correct classification of assets (e.g., property, plant & equipment, vehicles, tools, furniture, IT equipment)
  • Calculate and record monthly depreciation and amortization

Compliance & Controls

  • Ensure compliance with internal policies, accounting standards, and regulatory requirements
  • Support periodic internal and external audits by preparing required asset-related schedules and documentation
  • Monitor capitalization policies to ensure proper treatment of expenses vs. capital expenditures
  • Assist in ensuring asset insurance coverage is complete and updated

Monitoring & Reporting

  • Conduct monthly physical count and reconciliation of assets with records
  • Investigate and resolve variances between book records and physical count
  • Prepare monthly and quarterly reports on asset balances, movements, and depreciation
  • Provide analysis on asset utilization, impairment, and aging for management decision-making

Process Improvement

  • Recommend improvements in asset monitoring and control systems
  • Assist in implementing asset tracking tools (e.g., barcoding, RFID, ERP modules)
  • Ensure smooth asset tagging and documentation process across departments

Job Type: Full-time

Work Location: In person


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