Fixed Asset Manager at Dangote

Job Summary

• The Fixed Asset Manager 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 policies.

Key Responsibilities

• Approve AUC (Asset Under Construction) codes and ensure proper account assignment for fixed asset-related PR/PO.
• Establish, implement, and monitor systems of internal controls, 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 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 posting for all fixed, intangible, and ROU assets.
• Prepare and review audit schedules related to fixed and intangible assets; liaise with internal and external auditors.
• Review and reconcile specific general ledger accounts related to fixed asset activities.
• Conduct and present analyses on fixed assets performance, utilization, and lifecycle for management decision-making.
• Track capital expenditures and compare against approved capital budgets and management authorizations.
• Recommend and drive updates to fixed asset accounting policies and processes in line with best practices and IFRS standards.
• Lead, coach, and develop the fixed asset accounting team to ensure accurate reporting and compliance excellence.
• Collaborate with Procurement,Projects, Finance, Asset and Operations teams to ensure proper tracking and safeguarding of company assets.

Qualifications & Experience

• Bachelor’s Degree in accounting/finance with ICAN/ACCA certification or advanced stage.
• 3 - 5+ years managing large asset registers, WIP, reconciliations, and audits. 
• Strong knowledge of IFRS (IAS 16, IAS 36, IAS 23) and fixed asset lifecycle processes.
• Proficiency in SAP and advanced Excel. 
• High attention to detail, strong analytical skills, and ability to work under pressure. 

Benefits

• Private Health Insurance
• Paid Time Off
• Training & Development