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  • Posted: Oct 4, 2022
    Deadline: Oct 30, 2022
  • Eta-Zuma Group is a company of 8 separate companies with exploration licenses covering diverse solid minerals like iron ore, gold, tantalite, coal, limestone/marble, etc. In April 2009, these eight companies were acquired by Energy and Metal Industries Limited to form the Eta-Zuma Group Limited. ETA-ZUMA Group is an indigenous conglomerate with interests ...
    Read more about this company


    Fixed Asset Manager

    Basic Function

    • This position is accountable for recording the cost of newly-acquired fixed assets (both tangible and intangible), tracking existing fixed assets, recording depreciation, and accounting for the disposition of fixed assets.

    Principal Accountabilities

    • Create and monitor a system of controls, procedures, and forms for the recordation of fixed assets.
    • Recommend to management any updates to accounting policies related to fixed assets.
    • Assign tag numbers to fixed assets.
    • Record fixed asset acquisitions and dispositions in the accounting system.
    • Track the compilation of project costs into fixed asset accounts, and close out those accounts once the related projects have been completed.
    • Reconcile the balance in the fixed asset subsidiary ledger to the summary-level account in the general ledger.
    • Calculate depreciation for all fixed assets.
    • Review and update the detailed schedule of fixed assets and accumulated depreciation
    • Investigate the potential obsolescence of fixed assets.
    • Conduct periodic impairment reviews for intangible assets.
    • Conduct periodic physical counts of fixed assets.
    • Recommend to management whether fixed assets should be disposed of.
    • Conduct analyses related to fixed assets as requested by management.
    • Prepare audit schedules relating to fixed assets, and assist the auditors in their inquiries.
    • Prepare property tax returns
    • Track company expenditures for fixed assets in comparison to the capital budget and management authorizations.


    • Minimum of University Degree or HND in Accounting from reputable tertiary institution.
    • Candidate must be have ACA/ACCA qualifications.
    • Minimum of 4 years working experience in the field of Accounting, 1 of which must relate to Fixed Asset Accounting
    • Strong Knowledge of Accounting Standard.
    • Knowledge of SAP with specific focus on Fixed Asset.
    • Proficiency in the use of MS Office i.e. excel, word, power point etc.

    Method of Application

    Interested and qualified candidates should send their CV in PDF only  to: using the Job Title as the subject of the mail.

    Note: Due to the volume of applications, only shortlisted people will be contacted.

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