JOB TITLE: SPECIALIST. FIXED ASSETS
LOCATION: Lagos,NG
JOB SUMMARY
Prepare all network-related assets for capitalization, depreciation, disposal, impairment and verification.
PRINCIPAL FUNCTIONS
Analyze and provide guidance on accounting standards related to non-current assets
Keep abreast of global and local best practices with respect to asset accounting and management
Provide relevant inputs to support the development of fixed asset policies, processes and procedures
Account for network assets additions and obtain ready for service (RFS) advice for relevant periods
Recognize and capitalize network assets in line with IFRS and other relevant accounting standards
Conduct timely update of the fixed assets register with all additional network assets acquisitions
Book all fixed assets capitalization journals using appropriate description
Account for custom duties and capitalize based on sites ready for service
Ensure that network assets capitalization complies with capitalization PPPs
Ensure assets in fixed assets register are complete for depreciation charge
Compute monthly depreciating charge for assets in the register
Obtain historical information for all assets to be disposed and ensure necessary authorizations are in place for the disposal of assets in line with the companies disposal policy
Book disposed assets on the Oracle ERP fixed assets module.
Ensure proceeds of disposed assets are adequately remitted and appropriately recorded
EDUCATIONAL REQUIREMENTS
First degree or equivalent in relevant disciplines
Postgraduate/ professional qualification and/ or certification in a related field will be an added advantage, e.g ICAN, ACCA, CIMA, etc
Between three (3) and five (5) years directly relevant post-NYSC work experience at least 2 years in fixed assets accounting and management
EXPERIENCE, SKILLS & COMPETENCIES
Ideal candidate must be able to demonstrate good knowledge of network assets in a telecoms business environment, including 2G, 3G and switching equipment
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