Fixed Asset Manager at Food Concepts Plc

Fixed Asset Management

• Coordinate the processing of asset requisitions
• Responsible for the receipt of assets into asset warehouse for assets delivered to HQ & authorization of GRN
• Deploy assets to stores based on request
• Responsible for the Computation of depreciation & reclassification of assets
• Ensure assets supplied conform with specification
• Carry out regular review of Company’s assets, Advise on additions, transfer and disposal. Identify impaired/non -functional assets and advise management for disposal.
• Create and monitor the system of controls, policies/procedures relating to Fixed Asset to safeguard Company’s investment in capital expenditure and prevent theft, losses and inefficiencies
• Oversee the process of periodic physical verification of assets.
• Develop internal financial control policies, guidelines, IT systems for Fixed Asset movement activities such as Asset Acquisition, Asset Replacement, Asset disposal
• Create codes for newly acquired assets base on Company’s policy and inclusion into fixed asset register.
• Liaise and work with the Tax Manager on Capital Allowance Computation and obtaining certificate of Acceptance
• Liaise with the Admin Officer on incidence of theft, accident, death burglary or fire outbreak and follow-up on claims with insurance company.
• Run monthly depreciation for the company.
• Ensure removal of disposed assets from the fixed assets register and prepare Disposal report for the Fixed Assets and Risk manager

Reporting

• Prepare Monthly Asset register showing total cost, accumulated depreciation and NBV of asset.
• Prepare periodic report of Asset verification.
• Prepare reports of impaired/junk/obsolete assets
• Assist in extracting, collating and consolidation information needed to generate the company’s annual operating budget

KPI

• Efficiency and Effectiveness of company fixed asset system
• Timely report on asset register and acquisition
• Accuracy of depreciation charges (assessed by level of auditors’ correction journal.

Requirement

• A good first degree in Accounting or Finance
• Possession of a Post graduate degree in Accounting/Business Administration or related field is an added advantage
• Membership of the ICAN, ACCA or any other related professional qualification is required.
• Minimum of 5years’ experience in a similar role