Fixed Asset Accountant at Evans Industries Limited


Evans Industries is a manufacturing company, established over 20 years ago. Our purpose is to develop high quality home and personal care products at an affordable price. We are an ISO 90001 - 2015 certified company, therefore, all our operations comply with international standards. In admiration of the high quality products, Evans Industries products have become a household name and can be found across the country.

We are recruiting to fill the position below:

 

Job Title: Fixed Asset Accountant

Location: Ikeja, Lagos

Role Description

  • As a Fixed Asset Accountant, you will be responsible for managing all aspects of fixed assets, including recording and updating fixed asset transactions, reconciling fixed asset accounts, preparing journal entries, and assisting with financial statement preparation.
  • 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.
  • 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.
  • Represent the company during any audits by a government that involve fixed assets.
  • Track company expenditures for fixed assets in comparison to the capital budget and management authorizations.
  • Calculate depreciation for all fixed assets.
  • Review and update the detailed schedule of fixed assets and the accumulated depreciation.
  • 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.
  • Conduct periodic physical counts of fixed assets.

Qualifications

  • Candidates should possess Bachelor's Degrees in Accounting, Finance, or a related field with relevant work experience.
  • Analytical and problem-solving skills
  • Attention to detail and accuracy
  • Ability to work independently and as part of a team.
  • Strong knowledge of fixed asset accounting principles and practices
  • Experience in preparing journal entries and maintaining fixed asset records
  • Understanding of financial statements and reporting
  • Proficiency in finance and accounting software

 

How to Apply
Interested and qualified candidates should send Resume to: [email protected] using the Job Title as the subject of the email