ARMSCOR Manager – Asset Control Vacancy 2026 at Armaments Corporation Of South Africa (armscor)

Opportunity Overview

The Armaments Corporation of South Africa (ARMSCOR), a state-owned enterprise, is offering an opportunity for a Manager – Asset Control within its Financial Accounting Division. This position is based at the ARMSCOR Head Office.

This role is central to managing the entire lifecycle of head office assets, ensuring financial accuracy and operational efficiency. The successful candidate will contribute to robust asset management practices within the organisation.

Minimum Requirements

• Grade 12 certificate.
• B Com Accounting degree with Accounting III.
• Minimum of 5 years' experience in Finance: Assets Management.
• Hands-on experience in asset verification, reconciliation, and risk mitigation.
• Deep understanding of asset management principles, lifecycle planning (Plan–Acquire–Operate–Maintain–Dispose), and asset optimisation strategies.
• Knowledge of PFMA, Treasury Regulations, and IFRS/GRAP principles.
• Knowledge of risk assessment techniques related to asset management, controls, and irregular expenditure prevention.

Key Responsibilities

• Develop and maintain the organisation's asset management strategy, policies, and procedures.
• Maintain a centralized asset register for all head office assets, ensuring accurate and up-to-date data.
• Define and implement standardised processes for the entire asset lifecycle.
• Implement monitoring, reporting, and audit mechanisms to track asset performance, utilisation, and compliance.
• Coordinate periodic physical asset verification processes at head office.
• Oversee reconciliation between physical assets, the asset register, and the general ledger.
• Strengthen preventative controls to reduce theft, misappropriation, and asset misstatements.
• Assist with financial evaluations for asset acquisitions, including Total Cost of Ownership (TCO), return on investment (ROI), and risk assessments.
• Maintain accurate financial records and reporting on asset acquisitions, valuations, and disposals.
• Ensure compliance with PFMA, Treasury Regulations, GRAP, and internal frameworks related to asset management.
• Prepare and review financial reports related to assets, including depreciation, amortization, impairment, and disposal.
• Ensure asset-related transactions are properly authorized, recorded, and disclosed in financial statements.
• Maintain and update asset management systems, including asset registers and tracking systems.

How to Apply

To apply for this vacancy, please send your Curriculum Vitae (CV) via email.

Email Address: Vacancies@armscor.co.za Subject Line: You must include the reference number 9993571 in the subject heading of your email.

The closing date for applications is 07 July 2026. Ensure your application is submitted before this date.