Asset Accountant at Eta Zuma Group W/A Limited

Eta-Zuma Group is a company of 8 separate companies with exploration licenses covering diverse solid minerals like iron ore, gold, tantalite, coal, limestone/marble, etc. In April 2009, these eight companies were acquired by Energy and Metal Industries Limited to form the Eta-Zuma Group Limited.ETA-ZUMA Group is an indigenous conglomerate with interests in diverse strategic sectors of the economy. The acquisition was spurred by the economic reason to consolidate the diverse licenses into a balanced portfolio that will reduce risk and position the emerging company to exploit emerging market opportunities in a global commodities market that is on a rebound.

The acquisition also included Eta-Zuma Group Limited - a key player in the emerging solid minerals industry of Nigeria. The acquisitions increased the size of the company more than five-fold. The Group re-opened earlier exploration sites and has since invested over $10million in proving reserves of especially marble and opening up new coal reserves and in new plant and machinery. The headquarters at Abuja currently coordinates mainly exploration activities at all exploration sites especially in the Kogi block now in partnership with the technical partners EMI and the Geological Institute of Ukraine.

We are recruiting to fill the position below:

Job Title: Asset Accountant

Location: Abuja (FCT) 
Employment Type: Full-time

Job Responsibilities

• Create and monitor a system of controls, procedures, and forms for the recordation of fixed assets.
• Recommend to management any updates to accounting policies related to fixed assets.
• Assign tag numbers to fixed assets.
• Record fixed asset acquisitions and dispositions in the accounting system.
• Track the compilation of project costs into fixed asset accounts, and close out those accounts once the related projects have been completed.
• Reconcile the balance in the fixed asset subsidiary ledger to the summary-level account in the general ledger.
• Calculate depreciation for all fixed assets.
• Review and update the detailed schedule of fixed assets and accumulated depreciation
• Investigate the potential obsolescence of fixed assets.
• Conduct periodic impairment reviews for intangible assets.
• Conduct periodic physical counts of fixed assets.
• Recommend to management whether fixed assets should be disposed of.
• Conduct analyses related to fixed assets as requested by management.
• Prepare audit schedules relating to fixed assets, and assist the auditors in their inquiries.
• Prepare property tax returns
• Track company expenditures for fixed assets in comparison to the capital budget and management authorizations.

Competencies/ Requirements / Qualifications

• B.Sc Degree in Accounting, Finance or relevant field
• Professional certification (e.g. ACA, ACCA or CMA) is required
• 2-3 years proven work experience in Asset management
• Should possess lease management skill
• Familiarity with accounting ERP software packages
• Computer literacy (MS Excel in particular)
• Must have analytical Skill

Application Closing Date
24th March, 2023.