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Fixed Assets Manager

Job Description - Fixed Assets Manager


Job Summary


The Fixed Assets Manager at Dangote Cement Plc is responsible for managing and maintaining DCP’s fixed asset records/register and ensure proper accounting of fixed assets at the plant, in compliance with DCP’s fixed assets policies.


Key Duties and Responbilities



  • Providing information for fixed asset reporting, such as summarizing financial activity for inclusion in the property, Plant and Equipment section of the financial statements.



  • Ensure Asset Register reconciliation. Identify fully depreciated Asset, Asset flagged for Impairment & Disposal and set disposal procedure in Motion.

  • Review and track the compilation of project costs into PPE accounts, and close out those accounts once the related projects have been completed to OCP PPE register.

  • Ensure monthly review and update detailed schedule of fixed assets and accumulated depreciation.

  • Support HO in preparing audit schedules relating to fixed assets and assist in responding to Internal and External Auditors inquiries.



  • Prepares age analysis of CWIP and obtains justification from budget champion as required.

  • Review and reconcile Intercompany and Interplant Transaction. 

  • Carry out investigation on potential obsolesce of PPE



  • Oversee Fixed Assets Physical Verification and reconciliation.

  • Perform any other duties assigned by CFO.


Requirements



  • Bachelor’s degree or its equivalent in accounting or other related discipline.

  • Relevant professional qualifications such as ACA, CIMA, CPA, ACCA.

  • Minimum of ten (10) years relevant 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.

  • Basic knowledge of accounting packages and systems, including SAP.

  • Good communication and interpersonal skills.

  • Good organizational skills.

  • Good data gathering, analysis and problem-solving skills

  • High ethical standards and integrity.


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