Fixed Asset & GL Accounts Officer

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.

Requirements

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.

Benefits

Private Health Insurance Pension Plan Paid Time Off Training & Development Performance Bonus