Asset Officer Job at PalmPay

PalmPay is a pan-African Fintech company currently operating in Nigeria, Ghana, Kenya, Uganda, and Tanzania and expanding to other markets this year. We are reinventing the payments experience by making it easy and reliable for everyone to transfer money, pay bills and shop online.

We are recruiting to fill the position below:

Job Position: Asset Officer

Job Location: Lagos
Job Type: Full Time

About The Role

• The Asset Officer is responsible for managing the lifecycle of organizational assets, ensuring their efficient use, maintenance, and documentation.
• The role includes asset tracking, audits, repair/maintenance coordination, compliance with regulations, and facilitating asset disposals or replacements as required.

Key Responsibilities
Asset Management:

• Maintain an up-to-date inventory of all company assets, including fixed and low-value assets
• Ensure proper tagging and labeling of all assets for easy identification and tracking
• Coordinate asset acquisition, allocation, and transfer between departments or locations
• Monitor the utilization of assets to ensure optimal use and minimize downtime

Auditing and Documentation:

• Conduct regular asset audits to verify the location, condition, and accuracy of inventory records
• Maintain accurate and comprehensive records of asset transactions (acquisition, transfer, maintenance, and disposal)
• Prepare detailed reports on asset condition, depreciation, and recommendations for replacements or disposals

Maintenance and Repairs:

• Schedule and oversee the maintenance and repair of assets to ensure their longevity
• Collaborate with vendors and service providers for timely repair and maintenance work
• Develop and implement preventive maintenance schedules to reduce unexpected failures

Disposal and Replacement:

• Assess assets nearing the end of their useful life and recommend disposal or replacement plans
• Coordinate the safe and compliant disposal of obsolete or damaged assets, adhering to organizational and environmental standards
• Conduct cost-benefit analyses to support decisions regarding asset disposal or replacement

Compliance and Risk Management:

• Ensure compliance with organizational policies, industry standards, and government regulations related to asset management
• Implement strategies to minimize asset loss, theft, or damage
• Collaborate with internal and external auditors during asset audits and inspections

Reporting and Analysis:

• Generate periodic reports on asset performance, utilization, and financial impact
• Analyze asset trends to identify opportunities for cost savings or process improvements
• Assist in budgeting for asset acquisition, maintenance, and replacement

Qualifications And Requirements
Education:

• Bachelor's Degree in Business Administration, Accounting, Management, Mathematics, Statistics or any related field

Experience:

• 2+ years of experience in asset, inventory management or a related field.

Technical Skills:

• Proficiency in asset management software and tools (e.g., SAP, Oracle, or other ERP systems)
• Strong knowledge of Microsoft Excel for reporting and data analysis
• Familiarity with accounting principles, depreciation methods, and asset lifecycle management

Soft Skills:

• Strong organizational and multitasking abilities
• Excellent communication and interpersonal skills
• Attention to detail and analytical thinking

Knowledge:

• Understanding of asset tracking systems and inventory control practices
• Awareness of environmental and safety regulations related to asset disposal

Key Competencies:

• Problem-solving and decision-making skills
• Ability to work under pressure and meet deadlines
• High level of integrity and accountability
• Proactive approach to identifying and mitigating risks in asset management.