Fixed Asset Accountant needed at Unilever

Job Expired
1 year ago

Job title : Fixed Asset Accountant jobs in Lagos

Job Location : Lagos

Deadline : April 24, 2023

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MAIN JOB PURPOSE:

As a member of the Finance Function, you are responsible for ensuring accurate fixed asset accounting, along with the following functions:

  • Ensure depreciation charge for the period is captured in the general ledger for every month of the year.
  • Ensure that Capex for the acquisition of assets is properly authorized & approved. You would also pull together commercial case for projects that requires it.
  • Track all capital work-in progress and ensure that completed projects are duly capitalized to reflect the asset position of the business.
  • Identify idle assets in the business and initiate action for provision and subsequent disposal.
  • Ensure that the Fixed Asset Register is clean by supporting Assets Physical Verification exercise which highlights redundant & obsolete asset for subsequent approval for disposal while functioning as the secretary of the Asset Disposal Committee to oversee all disposal.
  • You would play a major role during the interim and annual audits for assets related matters.

JOB SUMMARY

Depreciation charge for every month.

  • Review the computed depreciation to ensure accuracy for each class of asset.
  • Reconcile year-to-date depreciation on the relevant Business ERPs and GL

Capex

  • Ensure Capex raised is within approved budget.
  • Do commercial case for all capex that requires it
  • Upload approved Capex (CEP) on Marlin for Approval
  • Track all expenditure for each project by using the Capex unique number for all payments within the Ledger.
  • Prompt for overspent where it’s exceeding approved overspend percentages.
  • Initiate and extract all expenditure on all completed projects to project manager for capitalisation process.
  • Capitalise completed projects by class of asset.

Disposal

  • Extract from Business ERPs assets identified to be disposed /write off and obtain approval to dispose of asset.
  • Organise meetings with Asset Disposal Committee for all assets to be disposed.
  • Complete asset disposal form for approval for all assets to be disposed.

Physical Verification of Assets

  • Classify and register all Business Assets by Location
  • Identify assets to register records and classify if existing or not including, redundant assets, obsolete assets etc
  • Investigate and initiate process for obsolete assets to be disposed of or written off.

Fixed Assets Reconciliation

  • Manage end to end the Asset reconciliation process and reconcile with system.
  • Complete the Fixed asset movement schedule as the summary of the reconciliation by class of asset.

How to Apply for this Offer

Interested and Qualified candidates should Click here to Apply Now

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