Fixed Assets Officer - Projects at IHS Towers

Reports To: Fixed Asset Manager

Summary

• Monitor progress of projects and project payments, as well as investigate variances and ensure that projects delivered are captured in the Fixed Asset Register.

Responsibilities

• Handle Fixed transactions - additions, disposal, transfer, write-off, etc.
• Contribute towards improvement of controls related to inventory.
• Reconcile inventory sub-ledger accounts to general ledger on a timely basis.
• Conduct detailed analysis of advance payments for all entity projects.
• Work with the Procurement, Technical PMO, Rollout, and other key internal stakeholder teams to monitor and track performance of projects.
• Ensure filing of all project transactions in the general ledger is done and readily available for review.
• Support the Capex approval process to ensure rigorous optimum return on investment and stringent cost management practices.
• Provide decision-support analyses and reporting based on agreed timelines and standards to aid management with financial business decision-making.
• Compile capitalization advice for review.
• Prepare capital expenditure reports to highlight actuals vs budget.
• Prepare reports on cash flow actuals and forecast for capital expenditure.
• Conduct ad-hoc physical verification of physical assets.
• Support Fixed Asset reconciliation and ensure Fixed Asset Register is accurate.
• Prepare analyses to support Capex Key Performance Indicators (KPIs)
• Ensure compliance with approved capital policies and procedures.
• Develop a standardized Capex model for assessing Capex requests.
• Manage the Capex database and prepare Capex Commitment reports.

Competencies

• Accounting
• Account Closure
• Fixed Assets Accounting
• Internal Audit

Education & Experience

• First Degree or its equivalent in Accounting, Finance or Economics.
• Relevant professional part qualification - ICAN, ACCA, or CIMA will be an added advantage
• Between three (3) and five (5) years directly relevant post-NYSC work experience with at least 2 years in fixed assets accounting