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Fixed Asset Officer

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National Capital District, Papua New Guinea

Accounting / Finance

#24902

17th October 2025

www.pngworkforce.com


Credit Corporation Properties Limited seeks an experienced person to fill in the role of Fixed Asset Officer.

The Fixed Assets Officer, key custodian of all physical assets from acquisition to disposal, will be responsible for managing all fixed assets of Credit Corporation properties in PNG. The incumbent is responsible for recording the cost of all newly acquired fixed and movable assets, maintaining records of these assets, ensuring that throughout their lifecycle, they are properly capitalized, maintained, utilized, and disposed off appropriately. This role is based in Port Moresby.

Prime Responsibilities:

  • Create, update and maintain the Fixed Assets Register for all Assets, ensuring appropriate classification and categorising in Empower and Pulse.
  • Maintain Monthly WIP Reconciliations of all Capital-related WIP.
  • Reconcile Balance Sheet Fixed Assets Accounts
  • Accurately record asset movements, including acquisitions, disposals, and internal transfers, ensuring compliance with Finance Policies.
  • Audit Compliances – assist with Internal & External Audits by providing necessary documentations and schedules for Fixed Assets.
  • Prepare and provide periodic fixed asset updates to the Management team.
  • Track fixed asset costs on project profitability in consultation with Facility Manager
  • Conduct periodic audits, spot checks and physical verification and counting to ensure compliance with fixed asset accounting rules.
  • Manage an active depreciation schedule to assure the book value of the asset is constantly updated and appropriate taxes are applied and paid
  • Liaise with end users to ensure the licensing (where required) and asset registry (specifications – Brand, Models. SN, etc.) are integrated into Pulse – Asset Management Section and are being strictly adhered to.
  • Provide a fixed asset utility report with recommendations to management on (remainder) asset life, maintenance and replacement costs, impairment cost etc.

Requirements for the role:

  • Bachelor’s degree in a technical discipline, business, or accounting.
  • Must have at least 3-5 years work experience in a similar industry.
  • Knowledge of various accounting software.
  • Must possess good knowledge of asset categorisation/ classification and experience planning and executing audits.
  • Ability to organize, plan, and execute in a timely manner.
  • High integrity, maintaining confidentiality of company records;
  • Excellent communications (verbal and written)/interpersonal skills.
  • Experience with Microsoft applications (Word, Excel, outlook, and database systems)

If you think you have what it takes to be in this role, we would like to hear from you.

Applications close on Friday, 24th October 2025 at 5pm.

Only shortlisted candidates will be contacted for an interview. If you do not hear from us, please consider your application unsuccessful. All applications must provide the following:

  • A cover letter
  • A current CV with names of three (3) contactable referees

Applications must be addressed to:

The Head of People & Culture

Credit Corporation (PNG) Limited

P O Box 1787

Port Moresby, 121

National Capital District

Hand delivered to Ground Floor, Credit House, Cuthbertson Street, Port Moresby, National Capital District or emailed to [email protected]



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COMPANY INFO

Credit Corporation is a diverse company operating in PNG, Fiji, Solomon Islands and Vanuatu. The Group's core business activities are finance, real estate and investment services. Credit Corporation (PNG) ...
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(+675)3085585

Credit Corporation (PNG) Limited P O Box 1787 Port Moresby, 121 National Capital District