Fixed Assets Officer- Cement Industry
Jobs at:Dangote Group
Deadline of this Job:
13 August 2021
Date Posted: Monday, August 02, 2021 , Base Salary: Not Disclosed
• Manage and maintain DCP’s fixed asset records/ register and ensure proper accounting for fixed assets at the plant, in compliance with DCP’s fixed assets policies.
• Review CAPEX purchase requisitions and ensure accurate upload of all fixed assets in the fixed asset register.
• Calculate and record depreciation for all fixed assets in accordance with IFRS and DCP’s depreciation policies.
• Review, interpret and apply fixed assets policies to fixed asset transactions at the plant including purchase, valuation, revaluation, accruals and disposal.
• Reconcile the fixed asset sub-ledger to the general ledger on a periodic basis.
• Ensure supporting plant fixed assets records and schedules are sufficient to meet audit/regulatory requirements.
• Coordinate all fixed asset purchases with the various departments and collate updates on new additions on a monthly basis
• Ensure all new assets are properly labelled and set up in the fixed asset register and individual asset account.
• Periodically reconcile and coordinate physical stock taking of fixed assets to ensure proper location and existence of all fixed assets.
• Ensure accurate entries for all fixed assets acquisition, disposal/movements and depreciation.
• Manage the activities involved in the disposal of fully depreciated, obsolete or damaged assets.
• Participate in month-end financial closing procedures
• Prepare the year-end fixed asset/depreciation schedules for annual audit/review.
• Assist in the development of fixed asset management processes, policies & procedures.
• Perform any other duties as may be assigned by the Head, Plant Finance.
Education and Work Experience
• Bachelor’s degree in Accounting, Economics or other related discipline.
• Relevant professional certification (e.g. ACA, ACCA, CIMA, CFA).
• Minimum of 5 - 8years relevant work experience.
• Good understanding of trends, challenges, opportunities, regulations and legislations relating to the cement manufacturing industry.
• Good knowledge and understanding of finance best practices, IFRS and other applicable accounting standards.
• Good communication and interpersonal skills.
• Good organisational skills.
• Good data gathering, analysis and problem solving skills
• High ethical standards and integrity.
• Basic proficiency in the use of MS Office tools.
• Basic knowledge of accounting packages and systems, including SAP.
Skills and Competencies
• Private Health Insurance
• Paid Time Off
• Training & Development
Work Hours: 8
Experience in Months: 60
Level of Education: Bachelor Degree
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