Job Ref: 0222/FIN/FAA/NIG Job Type: Full-time Employment Type: Permanent Purpose
Development, Implementation and Maintenance of Non-Current(Fixed) Asset management processes as they relate to the Company’s Asset Register & other Asset Management database(in line with IFRS) and provide support to the Finance Manager.
Principal Accountabilities
Responsible for the day to day administration, Maintenance and development of the Company’s Fixed Asset Register.
Assist with the development and implementation of policies, procedures and processes as they relate to Asset Management and Asset Accounting systems.
Track and Record Movement of All Assets including acquisition, depreciation, transfers, disposal/ impairment of Assets in accordance with company policies and IFRS.
Liaise and Work closely with stores, project Managers and other relevant departments to ensure all policies, procedures and processes relating to Assets are in line with IFRS and the Company’s overall direction on Assets.
Analyse General ledger Accounts, to identify costs that should be capitalized and included in fixed assets;
Track and Complete standardized forms to set up entries on the fixed asset register, or in the asset management system; Prepare capitalization entries and monitor reports to ensure that assets are correctly accounted for into the fixed assets records.
Plan and co-ordinate physical verification of the Company’s Assets.
Reconcile the fixed asset register or sub-ledger, or the subsidiary asset management system to the general ledger control account for each class of fixed assets, and resolving any reconciling items;
Maintain files for all supporting documentation for fixed assets and capital projects;
Provide information for fixed asset reporting, such as summarizing financial activity for inclusion in the property, plant and equipment section of the financial statements;
Coordinate the physical inventory process for fixed assets;
Review asset activity/useful lives for compliance with company policy; and recommend for review where deemed necessary.
Other job duties and responsibilities as assigned.
Requirements The ideal candidate for this role will have:
Good knowledge of IFRS, local and global Management Accounting Trends and practices
Excellence in analytical and logical reasoning
Good Knowledge of Fixed Asset Management.
Proficiency in Microsoft Office(Excel, Word& Power point)
Proficiency in the use of an ERP – SAGE.
Skills:
Multitasking ability
Ability to work under pressure with minimal daily supervision
Team player and Good interpersonal skills
Excellent communication skills
Ability to work in a multi-cultural environment
High level of Computer and analytical skills
Accounting skills
Qualification/Experience:
The job holder must have a Degree in Accounting with a minimum of 3-5 years’ work experience especially in a Fixed Asset function.
Possession of ICAN/ACCA certificate will be an added advantage.
Values:
Integrity
Confidentiality
Assertive
Proactive
Attention to details.
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