Dangote Fixed Asset Accountant Jobs in Nigeria
Job Summary
The Fixed Asset Accountant oversees the entire fixed asset management function, ensuring accurate tracking, valuation, capitalization, and reporting of all company fixed and intangible assets.
The role supports strategic decision-making by providing timely analysis, enforcing strong internal controls, and ensuring compliance with applicable accounting standards and company policies.
Key Responsibilities
Approve Asset Under Construction (AUC) codes and ensure proper account assignment for fixed asset-related purchase requisitions and purchase orders.
Establish, implement, and monitor internal control systems, procedures, and documentation for accurate fixed asset recording.
Review and approve periodic impairment assessments for tangible and intangible assets.
Oversee timely and accurate recording of asset acquisitions, transfers, capitalization, and disposals in the accounting system.
Monitor the compilation of project costs into fixed asset accounts and ensure prompt closure of completed AUC projects.
Conduct periodic reviews of the fixed asset register to identify and validate asset disposals or write-offs.
Reconcile fixed asset subsidiary ledger balances with the general ledger on a monthly basis.
Oversee depreciation calculations and postings for all fixed, intangible, and Right-of-Use (ROU) assets.
Prepare and review audit schedules related to fixed and intangible assets and liaise with internal and external auditors.
Review and reconcile general ledger accounts related to fixed asset activities.
Conduct and present analyses on asset performance, utilization, and lifecycle to support management decision-making.
Track capital expenditures against approved budgets and management authorizations.
Recommend and implement improvements to fixed asset accounting policies and processes in line with IFRS and industry best practices.
Lead, coach, and develop the fixed asset accounting team to ensure reporting accuracy and compliance excellence.
Collaborate with Procurement, Projects, Finance, Asset Management, and
Operations teams to ensure proper tracking and safeguarding of company assets.
Qualifications & Experience
Bachelor’s Degree in Accounting, Finance, or a related discipline.
ICAN or ACCA certification (or advanced stage qualification) is required.
Strong knowledge of IFRS standards, particularly IAS 16, IAS 36, and IAS 23.
Strong understanding of fixed asset lifecycle processes.
Proficiency in SAP and advanced Microsoft Excel.
Minimum of 5 years' experience managing large asset registers, work-in-progress (WIP), reconciliations, and audit processes.
High attention to detail and strong analytical skills.
Ability to work effectively under pressure and meet reporting deadlines.
Benefits
Private Health Insurance.
Paid Time Off.
Training and Development opportunities.
How to Apply
For more information and job application details, see; Dangote Fixed Asset Accountant Jobs in Nigeria
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