13 Nov
|
Department of Infrastructure, Transport, Regional Development, Communications, Sport and the Arts
|
Adelaide
13 Nov
Department of Infrastructure, Transport, Regional Development, Communications, Sport and the Arts
Adelaide
The chance we have available The Finance, Strategy, Budget & Research Division is seeking to fill an Asset Accountant (APS 5) position in the Financial Accounting Team.
The Financial Accounting Team supports the department to meet its statutory financial reporting obligations, including monthly reporting to the Department of Finance and preparation of the department’s annual financial statements. The team is also responsible for the department’s asset accounting function, including maintaining the asset register, coordinating asset stocktakes, valuations and impairment assessments, and providing technical accounting advice on asset-related matters.
This is a varied role providing exposure to a diverse and complex asset portfolio, including property, infrastructure, plant and equipment, artwork, heritage and cultural assets, intangible assets and assets supporting the delivery of essential services in Australia’s non-self-governing territories.
The role provides an opportunity to develop strong technical financial accounting capability while working closely with business areas, external valuation specialists, the Department of Finance and the Australian National Audit Office. You will also have opportunities to contribute to improvements in asset accounting processes, controls, systems and reporting.
What you will do
As the Asset Accountant, you will undertake a broad range of financial and asset accounting activities. The work is varied and includes both business-as-usual financial accounting activities and annual reporting deliverables.
Typical duties include
- managing and maintaining the department’s asset register, including asset additions, disposals, transfers, adjustments, and other asset movements
- contributing to month-end and year-end financial close processes, including preparing reconciliations and high-quality workpapers
- contributing to the preparation of the department’s annual financial statements and associated audit requirements
- coordinating the department’s asset stocktake program and working with business areas to investigate and resolve stocktake outcomes
- coordinating independent asset valuations and supporting the assessment and accounting treatment of revaluation outcomes
- coordinating impairment reviews and working with stakeholders to identify and assess potential indicators of impairment
- supporting accounting assessments for complex asset matters, including asset recognition, capitalisation, useful lives, impairment, revaluation, write-downs and disposals
- preparing clear, evidence-based accounting position papers, file notes and other technical accounting documentation
- providing practical financial and accounting advice to business areas on the management and accounting treatment of non-financial assets
- maintaining effective working relationships with internal and external stakeholders, including business areas, external valuation specialists, the Department of Finance and the Australian National Audit Office
- supporting continuous improvement of asset accounting processes, guidance, controls and reporting, including opportunities arising from changes to finance systems and business processes.
The role offers an opportunity to work across the full asset accounting lifecycle, from initial recognition and capitalisation through to depreciation, stocktake, valuation, impairment and eventual disposal. It also provides exposure to complex accounting matters and a broad range of stakeholders across the department.
Inherent requirements for the role The successful candidate will be able to demonstrate capability consistent with the APS5 Work Level Standards, including the ability to exercise sound judgement, work with a degree of independence and contribute effectively to a professional financial workplace.
The core capabilities for this role are:
- Financial and asset accounting capability – experience in financial accounting and a sound understanding of accounting for non-financial assets
- Financial reporting knowledge – knowledge of, or the ability to quickly develop knowledge of, Australian Government financial reporting requirements and relevant accounting standards
- Analytical skills and judgement – ability to analyse complex accounting issues, identify relevant information and develop practical and well-supported solutions
- Communication skills – well-developed written and verbal communication skills
- Stakeholder engagement – ability to build productive working relationships and collaborate effectively with finance and non-finance stakeholders
- Delivery and attention to detail – ability to manage competing priorities and deadlines while maintaining the quality and accuracy expected in financial reporting.
Cultural capability requirement The department believes every role contributes to cultural safety and that building staff cultural capability helps us deliver better policies, programs and services for First Nations people and the broader Australian community. Candidates will be required to demonstrate their willingness to develop their cultural capability as part of the assessment process. In making it a requirement across all roles in our department, we are taking a practical step in delivering our commitments under the Our Stories on Country Agreement and the Diversity, Equity and Inclusion Strategy 2025–28.
As an APS5 you will be expected to:
- Consider the cultural context and implications of work area outcomes.
- Engage respectfully with Aboriginal and/or Torres Strait Islander stakeholders, building trusted relationships.
- Communicate respectfully and seeks appropriate cultural input to inform decisions.
Eligibility requirements
Employment with the Department of Infrastructure, Transport, Regional Development, Communications, Sport and the Arts is subject to conditions prescribed within the Public Service Act 1999 including:
- Citizenship: candidates must be an Australian citizen at the time of submitting your application.
- Health Assessment: The preferred candidate may be required to undergo a medical examination conducted by the department’s preferred medical provider.
- Security Clearance: The successful candidate must be able to obtain and/or maintain a security clearance at Baseline Level. You must be willing to disclose all relevant and required information. You must have lived in Australia, or have a checkable background, for at least the preceding five years for Baseline Vetting clearances. More information on the security clearance vetting process is available on the Australian Government Security Vetting Agency (AGSVA) website.
- Police check: The successful candidate must complete an Australian Federal Police criminal history check.
- Integrity and Performance check: The successful candidate must satisfy the requirements in an Integrity and Performance check which is completed by your most recent employer.
For more information about this role, including the type of person we are looking for and how to apply, please refer to the position description available by clicking the 'Apply Now' button.
📌 Asset Accountant, Financial Management (Adelaide)
🏢 Department of Infrastructure, Transport, Regional Development, Communications, Sport and the Arts
📍 Adelaide