Finance Specialist

The International Potato Center (CIP) is looking for a Finance Specialist with excellent organizational skills who will be managing CIPs fixed assets ensuring their accuracy and compliance with regulatory requirements. This role involves close collaboration with various departments to manage asset disposal depreciation and overall asset management practices thereby optimising asset utilization and supporting strategic decisionmaking.

About the role

• Supervise the maintenance of accurate records for all fixed assets including registration depreciation and disposal.
  
• Conduct surprise physical inventories to verify the existence and condition of fixed assets in different country offices.
  
• Reconcile Country Fixed Asset Register with CIP Master File and train staff on using the fixed assets module in CIP ERP.
  
• Ensure compliance with accounting standards tax regulations and CIP policies related to fixed assets.
  
• Develop standard procedures for the correct management of fixed assets across various CIP offices.
  

• Facilitate the disposal of obsolete or surplus assets in accordance with CIP policies and regulatory requirements.
  
• Depreciation and Amortization.
  
• Monitor changes in asset useful lives and salvage values adjusting depreciation schedules as necessary.
  
• Prepare and analyse depreciation forecasts and budget projections.
  

3. Reporting and Analysis:

• Generate regular reports on fixed asset activities including additions disposals and depreciation expenses.
  
• Provide insights and analysis on fixed assets performance utilization and return on investment.
  
• Collaborate with financial analysts and management to support decisionmaking processes related to capital investments and asset management strategies.
  

4. Compliance and Audit Support:

• Assist internal and external auditors in conducting fixed asset audits and compliance reviews.
  
• Ensure adherence to IFRS (International Financial Reporting Standards) regarding fixed asset accounting and reporting.
  
• Implement and maintain internal controls to safeguard fixed assets and prevent fraud or misappropriation.
  

Requirements

• Bachelors degree in Accounting Finance or a related field.
  
• CPA or CFA designation preferred.
  
• Proven experience (5 years) in fixed asset accounting preferably in a corporate or large organizational setting.
  
• Proficiency in accounting software (e.g. SAP U4) and Microsoft Excel for data analysis and reporting.
  
• Strong understanding of accounting principles and standards governing fixed assets depreciation and amortisation.
  
• Excellent analytical skills with the ability to interpret financial data and identify trends or discrepancies.
  
• Detailoriented mindset with a focus on accuracy and precision in recordkeeping and reporting.
  
• Effective communication and interpersonal skills for collaborating with crossfunctional teams and stakeholders.
  
• Ability to work independently prioritise tasks and meet deadlines in a fastpaced environment.