Asset Officer

Job description

Location: Ndola Cement, Ndola Cement

Company: Dangote Industries Limited

• 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.
  • • 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 monthly.
  • • 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.
        • • Bachelor’s degree in accounting, Economics or other related discipline.
          • Relevant professional certification (e.g. ACA, ACCA, CIMA, CFA).
          • Minimum of 5 – 8years relevant work experience.