The Dangote Group is one of the most diversified business conglomerates in Africa with a hard-earned reputation for excellent business practices and products’ quality with its operational headquarters in the bustling metropolis of Lagos, Nigeria in West Africa.
The Group’s activities encompass:
Cement – Manufacturing / Importing
Sugar – Manufacturing & Refining
Salt – Refining
Flour & Semolina – Milling
Pasta – Manufacturing
Noodles – Manufacturing
Poly Products – Manufacturing
Logistics – Port Management and Haulage
Since inception, the Group has experienced phenomenal growth on account of quality of its goods and services, its focus on cost leadership and efficiency of its human capital. Today, Dangote Group is a multi-billion Naira company poised to reach new heights, in every endeavour competing with itself to better the past.
The Group’s core business focus is to provide local, value added products and services that meet the ‘basic needs’ of the populace. Through the construction and operation of large scale manufacturing facilities in Nigeria and across Africa, the Group is focused on building local manufacturing capacity to generate employment and provide goods for the people.Job Summary
Manage and maintain DCP's fixed asset records/ register and ensure proper accounting for fixed assets at the plant, in compliance with DCP's fixed assets policies.
Key Duties and Responsibilities
Review CAPEX purchase requisitions and ensure accurate upload of all fixed assets in the fixed asset register.
Calculate and record depreciation for all fixed assets in accordance with IFRS and DCP's depreciation policies.
Review, interpret and apply fixed assets policies to fixed asset transactions at the plant including purchase, valuation, revaluation, accruals and disposal
Reconcile the fixed asset sub-ledger to the general ledger on a periodic basis.
Ensure supporting plant fixed assets records and schedules are sufficient to meet audit/regulatory requirements.
Coordinate all fixed asset purchases with the various departments and collate updates on new additions on a monthly basis
Ensure all new assets are properly labelled and set up in the fixed asset register and individual asset account.
Periodically reconcile and coordinate physical stock taking of fixed assets to ensure proper location and existence of all fixed assets.
Ensure accurate entries for all fixed assets acquisition, disposal/movements and depreciation. Manage the activities involved in the disposal of fully depreciated, obsolete or damaged assets.
Participate in month-end financial closing procedures
Prepare the year-end fixed asset/depreciation schedules for annual audit/review.
Assist in the development of fixed asset management processes, policies & procedures. Perform any other duties as may be assigned by the Head, Plant Finance.
Education and Work Experience
Bachelor's degree or its equivalent in Accounting or other related discipline.
No experience is required, but one (1) to three (3) years of relevant work experience will be an advantage
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 organisational skills.
Good data gathering, analysis and problem solving skills High ethical standards and integrity.
Basic proficiency in the use of MS Office tools.
Private Health Insurance
Paid Time Off
Training & Development
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