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 amp; 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 amp; Development
- Performance Bonus