Account Officer at Vicmart Enterprises Limited

Job Descriptions

• Compile & record the revenue statement and reconcile the balance with branch.
• Record the fund transferred from various exchanges and crosscheck with the revenue ledgers and if necessary correspond with the bank.
• Update the fixed asset register for each addition of assets on the basis of disbursement or Journal voucher
• Record the detail of transfer in the fixed asset register at the headquarter
• Inspect asset on receipt of scrap report and make necessary entry in the books
• Calculate depreciation at the end of each month as per the rates prescribed by the statute.
• Carry out annual physical verification of fixed assets with reference to the fixed asset register. Prepare physical verification report and submit to the management.
• Obtain approval from the management to write off missing, unserviceable, damaged or
• condemned assets and pass necessary entries in the books of accounts.
• Prepare the scrap report for the auction.
• Account the unaccounted fixed assets in the books.
• Capitalise the interest payable on loans borrowed for construction and purchase of assets  until the commissioning of project.
• Account for the fixed assets acquired through any grant. Calculate depreciation on such assets.
• Transfer capital work in progress to fixed asset on completion of project.
• Prepare the details of the fully depreciated assets at the end of the year.
• Verify all bills related to capital items including civil works.

Remnuneration
The remuneration is between 45,000 to 60,000