Job Description

The Fixed Assets Manager at Dangote Cement Plc is responsible for managing and maintaining DCP’s fixed asset records/register and ensure proper accounting of fixed assets at the plant, in compliance with DCP’s fixed assets policies.

Key Duties and Responbilities

• Providing information for fixed asset reporting, such as summarizing financial activity for inclusion in the property, Plant and Equipment section of the financial statements.

• Ensure Asset Register reconciliation. Identify fully depreciated Asset, Asset flagged for Impairment & Disposal and set disposal procedure in Motion.
• Review and track the compilation of project costs into PPE accounts, and close out those accounts once the related projects have been completed to OCP PPE register.
• Ensure monthly review and update detailed schedule of fixed assets and accumulated depreciation.
• Support HO in preparing audit schedules relating to fixed assets and assist in responding to Internal and External Auditors inquiries.

• Prepares age analysis of CWIP and obtains justification from budget champion as required.
• Review and reconcile Intercompany and Interplant Transaction.
• Carry out investigation on potential obsolesce of PPE

• Oversee Fixed Assets Physical Verification and reconciliation.
• Perform any other duties assigned by CFO.

Requirements

• Bachelor’s degree or its equivalent in accounting or other related discipline.
• Relevant professional qualifications such as ACA, CIMA, CPA, ACCA.
• Minimum of ten (10) years relevant experience.
• Good understanding of trends, challenges, opportunities, regulations and legislations relating to the cement manufacturing industry.
• Good knowledge and understanding of finance best practices, IFRS, and other applicable accounting standards.
• Basic knowledge of accounting packages and systems, including SAP.
• Good communication and interpersonal skills.
• Good organizational skills.
• Good data gathering, analysis and problem-solving skills
• High ethical standards and integrity.