Fixed Asset Accountant Job at Unilever Nigeria Plc

We are recruiting to fill the position below:

Job Position: Fixed Asset Accountant

Job ID: R-60400
Job Location: Oregun, Lagos
Job Type: Full Time

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 the provision and subsequent disposal.
• Ensure that the Fixed Asset Register is clean by supporting the 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 the approved budget.
• Track all expenditures for each project by using the Capex unique number for all payments within the Ledger.
• Prompt for overspending where it’s exceeding approved overspend percentages.
• Do commercial case for all capex that requires it
• Upload approved Capex (CEP) on Marlin for Approval
• Initiate and extract all expenditures 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 of/written off and obtain approval to dispose of asset.
• Organise meetings with Asset Disposal Committee for all assets to be disposed of.
• Complete asset disposal form for approval for all assets to be disposed of.

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 processes 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.