Dangote Industries Limited
Dangote Group is one of Nigeria’s most diversified business conglomerates 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.
Job Summary
- The Fixed Asset Manager oversees the entire fixed asset management function, ensuring accurate tracking, valuation, capitalization, and reporting of all company fixed and intangible assets.
- The role supports strategic decision-making by providing timely analysis, enforcing strong internal controls, and ensuring compliance with applicable accounting standards and policies.
Key Responsibilities
- Approve AUC (Asset Under Construction) codes and ensure proper account assignment for fixed asset-related PR/PO.
- Establish, implement, and monitor systems of internal controls, procedures, and documentation for accurate fixed asset recording.
- Review and approve periodic impairment assessments for tangible and intangible assets.
- Oversee timely and accurate recording of asset acquisitions, transfers, capitalization, and disposals in the accounting system.
- Monitor compilation of project costs into fixed asset accounts and ensure prompt closure of completed AUC projects.
- Conduct periodic reviews of the fixed asset register to identify and validate asset disposals or write-offs.
- Reconcile fixed asset subsidiary ledger balances with the general ledger on a monthly basis.
- Oversee depreciation calculations and posting for all fixed, intangible, and ROU assets.
- Prepare and review audit schedules related to fixed and intangible assets; liaise with internal and external auditors.
- Review and reconcile specific general ledger accounts related to fixed asset activities.
- Conduct and present analyses on fixed assets performance, utilization, and lifecycle for management decision-making.
- Track capital expenditures and compare against approved capital budgets and management authorizations.
- Recommend and drive updates to fixed asset accounting policies and processes in line with best practices and IFRS standards.
- Lead, coach, and develop the fixed asset accounting team to ensure accurate reporting and compliance excellence.
- Collaborate with Procurement,Projects, Finance, Asset and Operations teams to ensure proper tracking and safeguarding of company assets.
Qualifications & Experience
- Bachelor’s Degree in Accounting / Finance with ICAN/ACCA certification or advanced stage.
- 5+ years managing large asset registers, WIP, reconciliations, and audits.
- Strong knowledge of IFRS (IAS 16, IAS 36, IAS 23) and fixed asset lifecycle processes.
- Proficiency in SAP and advanced Excel.
- High attention to detail, strong analytical skills, and ability to work under pressure.
Benefits
- Private Health Insurance
- Paid Time Off
- Training & Development.
How to Apply
Interested and qualified candidates should:
To apply for this job please visit careers.dangote.com.
