Fixed Asset Coordinator
Description
Job Title: | Fixed Assets Coordinator – Temporary position from May , 2026 to January 31,2027 | |||
Employer: | SOL CARIBBEAN LTD | |||
Location: | 3rd Floor ITC Building, Warrens, St. Michael, Barbados | |||
Available to: | Yes | Current Sol staff | Yes | External Applicants |
Reports to: | Assistant Group Controller | |||
Subordinates: | None | |||
Purpose: | · To provide support and expertise to corporate operations and market staff with capital asset subject matter to ensure compliance with Parkland policies and IFRS standards. · Provide support with the close-out of completion reports, the creation of assets, and by extension, the reduction of WIP across the Sol Group to an acceptable level. Assist with the maintenance of the Sol Group’s Fixed Asset Register. | |||
Accountabilities: | · Creating work sanctions based on authority for expenditure (AFE) approvals, asset additions and disposals, transfers, assets under construction (AUC) to capital, internal labor capitalization, accruals, and consolidation journal entries in accordance with IFRS and company accounting policy. · Monitor Group AUC and liaise with project managers to ensure the timely transfer of the AUC to the fixed asset register at the completion of the project. · Ensure that the depreciation/amortization calculation is according to the useful life policy. · Ensure the accuracy of the asset description, asset class, and useful life. · Ensure the assets disposals are completed in a timely manner and supported by appropriate documentation (IFRS). · Provide training for market staff on the completion report process. · Monitor and review monthly the entries and balances in the prepaid fixed assets account (charges posted to the GL without a sanction). · Assist with the periodic CAPEX spend reporting. · Ensure that the fixed asset verification is completed at intervals according to Parkland Group policies. Oversee the execution of the audit process. · Assisting with special projects related to insurance renewals, claims, and impairment tests. · Any other duties compatible with the position level that may be assigned from time to time. · Participate in HSE activities demonstrating commitment to Safety through personal engagement and exhibiting a culture of care in all facilities and with all employees. | |||
Qualification Requirements: | · Degree or higher diploma in accounting · Proficiency in Microsoft Office · Experience in fixed asset accounting | |||
Competencies Required: | · Understanding of IFRS PPE standard · Knowledge of petroleum equipment · Good communication skills · Understanding of depreciation methodology · Understanding of the fixed asset acquisition and disposal process · Demonstrated capability of delivering results and working well with others in team · Analytical and numerate · Critical thinking | |||
Other Competency Requirements: | · Excellent organizational, communication skills & interpersonal relationships · Problem solving skills · Demonstrated “Can Do” skill set · Team player · A proven ability to get things done on time and on budget · Able to self-plan, motivate, and deliver results · Demonstrates enthusiasm and an attitude to work well with others in teams | |||
Application Procedures: | Applications are to be submitted on or by April 15th, 2026 | |||