Asset Accountant (Re-advertisement)

Purpose of the Role: 

The Asset Accountant is responsible for the end-to-end fixed assets process—from capitalization and asset tagging through depreciation, impairment, revaluation, transfers, and disposals—while maintaining a complete and accurate Fixed Asset Register (FAR) and ensuring compliance with IFRS and internal policies. The role also supports month-end close, external audits, capital budgeting, and project accounting (CWIP) to enable timely, reliable financial reporting. 

Key Accountabilities:

• Fixed Asset Register (FAR) Ownership: Maintain an up-to-date FAR covering tangible and intangible assets; ensure all acquisitions, enhancements, disposals, and transfers are recorded with supporting documentation and proper asset tagging.
• Capitalization & CWIP: Review capex requests and supporting documentation (e.g., Fixed Asset Form, Asset Transfer Form, Capex Form) to ensure capitalization criteria, useful lives, and componentization are applied consistently; manage CWIP and execute timely asset capitalization upon project completion.
• Depreciation & Period Close: Calculate and post monthly depreciation; reconcile FAR to the GL; prepare month-end journals, reconciliations, and variance analyses for asset-related accounts.
• Compliance & Controls: Coordinate impairment indicators testing and revaluation exercises in line with IFRS (e.g., IAS 16/IAS 36/IAS 38/IFRS 16 as applicable); support assessment and accounting for Asset Retirement Obligations (where relevant).
• Physical Verification & Tagging: Plan and coordinate periodic asset counts across locations; investigate discrepancies; implement corrective actions and improve tagging/tracking controls.
• Budget and Analysis: monitor capital expenditures to ensure alignment with approved budgets and management authorizations. Also, analyze asset-related financial data and generate reports to support decision-making.
• Asset Revaluation Exercise: ensure accurate and compliant revaluation of assets in collaboration with consultants.
• Audit & Governance: Prepare asset audit schedules, respond to auditor queries, and ensure audit readiness for fixed asset cycles; maintain policy and SOP compliance.
• Asset Insurance Oversight: Ensure fixed assets are adequately insured.
• Systems & Data: Maintain master data integrity in the accounting system (ACCPAC) and any asset sub-systems; drive process automation and control improvements. 
• Cross-team Engagement: collaborate with Projects/ Engineering, Procurement, Operations and Finance team to ensure accurate tracking and management of fixed assets.

Key Challenges/ Decision/ Success Factors

• Detailed Record-keeping: every asset must be accurately tracked throughout its lifecycle with complete records of its location, condition, ownership and usage.
• Complex Depreciation Calculations: different assets require tailored depreciation methods and schedules and any changes in value, such as revaluation, impairment or upgrades must be precisely accounted to ensure financial accuracy.
• Regulatory compliance: strictly follow accounting standards and tax laws as any errors can result in audits, financial misstatements or penalties.
• Risk Management maintain strong internal controls and regular audits to ensure accountability and safeguard company resources.
• Strategic Decision Support: provide critical insights for capital budgeting, asset replacement and investment decisions. 
• Continuous Updates & Learning: Must stay current with evolving accounting standards, technologies and asset management practices, while actively contributing to policy development and process improvements.

Qualifications, Professional Knowledge and Experience:

• Bachelor’ degree in Accounting & Finance (or related field)
• CPA or equivalent professional qualification preferred.
• 7 – 10 years hands on experience with computerised accounting system handling asset management and audit related activities (internal or external) involving fixed assets or financial reporting.
• Working knowledge of IFRS (e.g. IAS 16, IAS 36, IAS 38, IFRS 16) and company finance policy & processes.
• Strong Excel skills, familiarity with audit requirements.

Application Checklist 

We warmly invite interested candidates to ensure their application includes the following documents:

1. Cover Letter – Share your relevant skills and experience and explain how you meet the Minimum Qualification Requirements (MQR) outlined above.
2. Updated Resume
3. Copies of Relevant Certificates and Academic Transcripts

Please note that emailed or hardcopy applications will not be accepted.

Should you have any questions, our friendly team is happy to help - please email recruitment@fijiairports.com.fj

Vinaka vakalevu, and we look forward to receiving your application!

We believe in diversity, inclusivity, and equal opportunity. At Fiji Airports, every unique perspective and experience helps us deliver world-class airport experiences. We warmly welcome applications from individuals of all ethnicities, religions, and abilities.

To be the World Class Aviation Hub for the Blue Pacific!