MAIN JOB PURPOSE:
As a member of the Finance Function, you are responsible for ensuring accurate fixed asset accounting, along with the following functions:
- Ensure depreciation charge for the period is captured in the general ledger for every month of the year.
- Ensure that Capex for the acquisition of assets is properly authorized & approved. You would also pull together commercial case for projects that requires it.
- Track all capital work-in progress and ensure that completed projects are duly capitalized to reflect the asset position of the business.
- Identify idle assets in the business and initiate action for provision and subsequent disposal.
- Ensure that the Fixed Asset Register is clean by supporting Assets Physical Verification exercise which highlights redundant & obsolete asset for subsequent approval for disposal while functioning as the secretary of the Asset Disposal Committee to oversee all disposal.
- You would play a major role during the interim and annual audits for assets related matters.
JOB SUMMARY
Depreciation charge for every month.
- Review the computed depreciation to ensure accuracy for each class of asset.
- Reconcile year-to-date depreciation on the relevant Business ERPs and GL
Capex
- Ensure Capex raised is within approved budget.
- Do commercial case for all capex that requires it
- Upload approved Capex (CEP) on Marlin for Approval
- Track all expenditure for each project by using the Capex unique number for all payments within the Ledger.
- Prompt for overspent where it’s exceeding approved overspend percentages.
- Initiate and extract all expenditure on all completed projects to project manager for capitalisation process.
- Capitalise completed projects by class of asset.
Disposal
- Extract from Business ERPs assets identified to be disposed /write off and obtain approval to dispose of asset.
- Organise meetings with Asset Disposal Committee for all assets to be disposed.
- Complete asset disposal form for approval for all assets to be disposed.
Physical Verification of Assets
- Classify and register all Business Assets by Location
- Identify assets to register records and classify if existing or not including, redundant assets, obsolete assets etc
- Investigate and initiate process for obsolete assets to be disposed of or written off.
Fixed Assets Reconciliation
- Manage end to end the Asset reconciliation process and reconcile with system.
- Complete the Fixed asset movement schedule as the summary of the reconciliation by class of asset.
Method of Application
Interested and qualified? Go to Unilever on unilever.wd3.myworkdayjobs.com to apply