Cedar Finance – Specialist Fixed Assets
Cedar Finance is a Multinational company duly incorporated under the laws of Nigeria as a Stock Trading company intends to fill the above position:
Location: Lagos, Port Harcourt and Abuja 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 company’s 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 in accounting, business administration, marketing, insurance, banking and finance or equivalent in relevant disciplines, minimum of 3rd class is required.
•Postgraduate, professional qualification and/ or certification in a related field will be an added advantage, e.g ICAN, ACCA, CIMA, etc
Experience,Skills & Competencies
•Successful applicant shall be sent to our head office at Cyprus to acquire practical experience on the all the principal functions listed above.
Mode of Application
Qualified candidates should apply online with their CV
Shortlisted candidates would be contacted.
Application Deadline: 30th November, 2013
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