Fixed Asset Officer Job at Dangote Group

Dangote Group is one of Nigeria’s most diversified business conglomerates with a hard – earned reputation for excellent business practices and products’ quality with its operational headquarters in the bustling metropolis of Lagos, Nigeria in West Africa.

We are recruiting to fill the position below:

Job Position: Fixed Asset Officer

Job Location: Lagos
Employment Type: Full Time

Job Description

• Dangote Group is seeking a highly motivated and detail-oriented Accounts Officer to join our Finance team.
• In this role, you will assist to manage and maintain Dangote Cement fixed asset records and ensure compliance with accounting policies and procedures.

Responsibilities

• Create AUC code to be used as account assignment for fixed asset related PR/PO.
• Create and monitor a system of controls, procedures, and forms for recording of fixed assets.
• Conduct periodic impairment review for tangible and intangible assets.
• Reconcile the balance in the fixed asset subsidiary ledger to the general ledger.
• Run depreciation for all fixed assets, intangible assets and ROU.
• Prepare audit schedules relating to fixed and intangible assets and assist the auditors in their enquiries.
• Record fixed asset acquisitions and dispositions in the accounting system.
• Track the compilation of project costs into fixed asset accounts, and close out those accounts once the related projects are completed.
• Conduct periodic reviews of the fixed asset schedule to determine the dispositions.
• Reconcile specific general ledger accounts.
• Conduct analyses related to fixed assets as requested by management.
• Track company expenditures for fixed assets in comparison to the capital budget and management authorizations.
• Recommend to management any updates to accounting policies related to fixed assets.

Requirements

• B.Sc. or HND in Finance, Accounting, or related field.
• 3 - 8 years of relevant work experience in in fixed asset management.
• Professional certification in Accounting (ACA, ACCA) is an added advantage.
• Good knowledge and understanding of finance best practices, IFRS, and other applicable accounting standards
• Basic knowledge of accounting packages and systems, preferably SAP
• Good organizational skills
• Good data gathering, analysis, and problem-solving skills
• High ethical standards and integrity
• Proficiency in the use of MS Office tools
• Good communication and interpersonal skills