Fixed Asset Manager

Dangote Group is one of Nigeria’s most diversified business conglomerates with a hard – earned reputation for excellent business practices and products’ quality with its operational headquarters in the bustling metropolis of Lagos, Nigeria in West Africa. We are recruiting to fill the position below:

Job Title: Fixed Asset Manager

Location: Obajana, Kogi

Job Summary

The Fixed Asset Manager oversees the entire fixed asset management function, ensuring accurate tracking, valuation, capitalization, and reporting of all company fixed and intangible assets. The role supports strategic decision-making by providing timely analysis, enforcing strong internal controls, and ensuring compliance with applicable accounting standards and policies.

Key Responsibilities

Approve AUC (Asset Under Construction) codes and ensure proper account assignment for fixed asset-related PR/PO. Establish, implement, and monitor systems of internal controls, procedures, and documentation for accurate fixed asset recording. Review and approve periodic impairment assessments for tangible and intangible assets. Oversee timely and accurate recording of asset acquisitions, transfers, capitalization, and disposals in the accounting system. Monitor compilation of project costs into fixed asset accounts and ensure prompt closure of completed AUC projects. Conduct periodic reviews of the fixed asset register to identify and validate asset disposals or write-offs. Reconcile fixed asset subsidiary ledger balances with the general ledger on a monthly basis. Oversee depreciation calculations and posting for all fixed, intangible, and ROU assets. Prepare and review audit schedules related to fixed and intangible assets; liaise with internal and external auditors. Review and reconcile specific general ledger accounts related to fixed asset activities. Conduct and present analyses on fixed assets performance, utilization, and lifecycle for management decision-making. Track capital expenditures and compare against approved capital budgets and management authorizations. Recommend and drive updates to fixed asset accounting policies and processes in line with best practices and IFRS standards. Lead, coach, and develop the fixed asset accounting team to ensure accurate reporting and compliance excellence. Collaborate with Procurement,Projects, Finance, Asset and Operations teams to ensure proper tracking and safeguarding of company assets.