Team Lead, Tangible and Intangible Assets at Abuja Electricity Distribution Company (AEDC Plc)

Job Description

• This person will be reporting to the Head, -  Management and Project Accounting.

Key Roles and Responsibilities
His/her roles will include:

• Maintain completeness and accuracy of Fixed Asset Account Register by reconciling fixed asset subsidiary ledgers to the GL monthly.
• Ensure strict compliance to company Capex policy and proceedure.
• Run Monthly depreciation and cordinate other entities for depreciation run.
• Monitoring reports to ensure that asset are correctly booked into fixed asset sub-ledger for the company.
• Monitoring the asset under construction and fixed asset clearing account to ensure asset are capitalised on a timely basis.
• Preparation of quarterly note schedules for Tangible Asset and Construction work-in-progress for stand alone and the company.
• Cordinate and conduct the physical fixed asset audit/verification and follow-up on any discripancy/variance.
• Hired a Professional Valuer for periodic asset revaluation (Property), and passed the accounting entries.
• Monitor and track all asset movement across the business and carry out regular stock count of assets (Physical Verification).
• Carry out regular reconciliation of physical assets and general ledger/financial statements.
• Design decommissioning account framework for leased assets Carry out ad-hoc analysis requests from CFO and/or other EMT and Board of Directors (BOD) members and any other roles assigned from time to time by the Head, Management and Project Accounting.

Qualifications

• First Degree/Equivalent in Finance, Accounting, Business, Economics, Engineering or Mathematics, etc.
• Minimum of 10 years cognitive, qualitative and relevant experience
• Candidate may possess/is currently pursuing a Finance, Business or Accounting designation (e.g. CFA, ICAN, ACCA, etc.)
• Working knowledge of International Financial Reporting Standards (IFRS)
• Working knowledge of accounting concepts and conventions
• Competence in use of Fixed Assets Management Module in Enterprise Resource Planning (ERP) Software
• Competence in use of Fixed Assets Ledger Accounting in ERP Software
• Competence in use of Microsoft Office Tools (e.g. Excel, Access, Power Point, Word, at advanced levels)
• Analytical, problem solving and decision making skills
• Good communication and presentation skills
• Proactive and hardworking
• Oral & Written Communication
• Excellent team player
• Computer appreciation/data entry (Word Processing/Spreadsheet/graphics)

Other Requirements

• Integrity and profesionalism
• Good interpersonal and Comunication skills
• Self motivation and self initiative
• Skills to do analyses and statistics
• Ability to work under pressure and meet deadlines