Assistant Fixed Asset Accountant
VicTrack
Posted 14 days ago
About Us
VicTrack is the custodial owner of Victoria’s rail transport land, assets and infrastructure. We work to protect and grow the value of the portfolio, to support a thriving transport system and make travel and living better for all Victorians. With much of our asset portfolio dedicated to rail transport – our land, infrastructure, trams, trains and telecommunication networks – our focus is on strategic asset management and supporting the delivery of better transport solutions.
When you join VicTrack, you'll become part of an organisation that celebrates the diverse backgrounds, perspectives, and life experiences of our people. We are committed to fostering a workplace that mirrors the diverse communities we serve. Everyone is welcome to apply for a role at VicTrack and we encourage open discussions about any adjustments you might need during the recruitment process or within the role. If you have a disability or specific access requirements, please let us know how we can offer you additional support.
Benefits
- Free travel on all public transport – Trains | Trams | V/Line
- 17.5% leave loading
- 1 x Extra day off (EDO) per month
- Flexible work environment | hybrid work – 2 x days in office, 3 x days WFH
- Stable work environment - Victorian Government state-owned enterprise
- 16 weeks paid parental leave (36 unpaid)
- Comprehensive health & wellness programs
- Free access to on-site gym and end of trip facilities
- Training and development opportunities to help you grow and develop your career
The challenges of our fast-growing sector put our people at the front of some of Victoria’s most exciting projects in telecommunications, property development and project delivery – with job opportunities as diverse as our organisation.
The Role
Reporting to the Financial Accounting Manager, the Fixed Asset Accountant is responsible for assisting with the management of the Fixed Assets function for VicTrack which includes asset administration and assisting with cyclical asset revaluation.
Key Responsibilities:
- Data cleanse of historical issues within the fixed asset register, including the identification and recording of asset attributes – suitable for revaluation and audit purposes
- Identification of leased assets within the fixed asset register
- System integration with VicTrack’s internal GIS (Railmap)
- Identify and manage asset class changes in the fixed asset register, in particular RSH
- closure of VicTrack internal projects - working with Finance and Project Managers to ensure that works in progress are capitalised in a timely manner
- Reconcile the fixed asset register (accounting and taxation) of VicTrack and its subsidiaries
- Ensure assets transferred from Government agencies and alliances capture all attributes required for the VicTrack fixed assets register
- Assist with asset disposals, ensuring there are appropriate levels of approvals as per the delegations of authority policy
- Asset administration and rectification tasks, including but not limited to:
- Assist with the cyclical asset revaluation undertaken by external providers and assist with supplementary closing tasks as determined by the Fixed Asset Accountant – including closing out any issues from previous revaluations. Support the Fixed Asset Accountant with regards to:
- Assist in the development of financial policies, procedures, objectives and plans in relation to fixed assets, works in progress, and general capital expenditure – and ensure process improvements are implemented with appropriate system controls
- Participate in special projects and detailed analyses of VicTrack’s operations as required to assist management in the review of operating expenses and efficiency
Qualifications:
- Relevant tertiary qualification in Commerce or related field (essential)
- Post-graduate qualification - Chartered Accountant (CA) / Certified Practicing Accountant (CPA) or working towards
Knowledge & Experience:
- Understanding of AASB116 Property, Plant and Equipment – and the related statutory reporting and compliance requirements, with knowledge of how they apply to Government entities
- Ability to interpret key accounting principles relating to Fixed Assets and WIP, both from a technical perspective and their practical application
- Experience in managing and maintaining fixed asset registers for organisations with significant asset holdings, and ensuring high quality of data integrity within
- Demonstrated experience in using Microsoft Office (including advanced MS Excel skills)
- Demonstrated experience in ERP software - Technology One system or similar is preferred
To Apply
***PLEASE ONLY SUBMIT YOUR RESUME AND/OR COVER LETTER IN PDF FORMAT
If you are interested in this exciting opportunity with us, please click apply and submit your resume in PDF format only. All applications are strictly confidential.
We are proud to be recognized by WORK180 as an employer of choice for women. Explore the WORK180 website to learn about our benefits and policies. Research shows that 60% of women and underrepresented groups may decide not to proceed, even after drafting an application. We believe diversity strengthens every team, so even if you don't meet every qualification, we still encourage you to apply!
Offer of employment is strictly subject to successful background (pre-employment screening) and criminal history check. VicTrack is an equal opportunity and human rights employer.
Closing Date: 16/10/2025
***PLEASE ONLY SUBMIT YOUR RESUME AND/OR COVER LETTER IN PDF FORMAT
About VicTrack
Along with our transport sector partners and on behalf of the Victorian Government, we’re putting our transport assets to work to deliver more for Victoria. As a government agency, everything we do is designed to strengthen transport and deliver better commuter and public outcomes.
With much of our asset portfolio dedicated to transport – our land, infrastructure, trams and trains, and telecommunication networks – our focus is strategic asset management and supporting the delivery of better transport solutions.
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