Fixed Asset Accountant at SIMS Nigeria Limited

SIMS Nigeria Limited - We specialize in the assembly, distribution and sales of consumer electronics from major brands such as - Samsung, Panasonic, Royal, Skyworth, Electrolux, Bosch, Philips and Powermatic. Our business started out in 1987 and since then we have grown to be a market leader in the home appliances & consumer electronics market in Nigeria. We operate a number of branches that cut across most of Nigeria’s geopolitical zones in major cities such as Lagos, Port-Harcourt, Abuja, Onitsha, Enugu, Uyo and Kano.

We are recruiting to fill the position below:

Job Title: Fixed Asset Accountant

Location: Lagos
Employment Type: Full-time

Job Description

• The fixed asset accountant position is accountable for recording the cost of newly-acquired fixed assets (both tangible and intangible), tracking existing fixed assets, recording depreciation, and accounting for the disposition of fixed assets.

Core Responsibilities

• Create and monitor a system of controls, procedures, and forms to record fixed assets.
• Recommend to management any updates to accounting policies related to fixed assets.
• Record fixed asset acquisitions and dispositions in the accounting system.
• Reconcile the balance in the fixed asset subsidiary ledger to the summary-level account in the general ledger.
• Calculate asset retirement obligations for those fixed assets to which AROs are applicable.
• Investigate the potential obsolescence of fixed assets.
• Conduct periodic impairment reviews for intangible assets.
• Prepare property tax returns.
• Track company expenditures for fixed assets compared to the capital budget and management authorizations.

Required Experience / Qualifications / Skills

• Qualification to Degree level.
• A higher degree and professional qualification.
• 5 years cognate experience.
• In-depth knowledge of financial regulations.
• Excellent oral and written communication.
• Good interpersonal and organizational skills.
• Impeccable attention to detail, strong analytical, report writing, and computer skills.

Application Closing Date
14th February, 2024.