Team Lead, Tangible and Intangible Assets at the Abuja Electricity Distribution Company (AEDC Plc)

The Abuja Electricity Distribution Company (AEDC Plc) one of the 11 privatized Electricity Distribution companies in Nigeria that operates in the following states; Kogi, Niger, Nasarawa and Abuja, is presently recruiting for the position below:

Job Title: Team Lead, Tangible and Intangible Assets

Location: Nigeria

Job Description

• This person will be reporting to the Head, -  Management and Project Accounting.

Key Roles and Responsibilities
His/her roles will include:

• Maintain completeness and accuracy of Fixed Asset Account Register by reconciling fixed asset subsidiary ledgers to the GL monthly.
• Ensure strict compliance to company Capex policy and proceedure.
• Run Monthly depreciation and cordinate other entities for depreciation run.
• Monitoring reports to ensure that asset are correctly booked into fixed asset sub-ledger for the company.
• Monitoring the asset under construction and fixed asset clearing account to ensure asset are capitalised on a timely basis.
• Preparation of quarterly note schedules for Tangible Asset and Construction work-in-progress for stand alone and the company.
• Cordinate and conduct the physical fixed asset audit/verification and follow-up on any discripancy/variance.
• Hired a Professional Valuer for periodic asset revaluation (Property), and passed the accounting entries.
• Monitor and track all asset movement across the business and carry out regular stock count of assets (Physical Verification).
• Carry out regular reconciliation of physical assets and general ledger/financial statements.
• Design decommissioning account framework for leased assets Carry out ad-hoc analysis requests from CFO and/or other EMT and Board of Directors (BOD) members and any other roles assigned from time to time by the Head, Management and Project Accounting.

Qualifications

• First Degree/Equivalent in Finance, Accounting, Business, Economics, Engineering or Mathematics, etc.
• Minimum of 10 years cognitive, qualitative and relevant experience
• Candidate may possess/is currently pursuing a Finance, Business or Accounting designation (e.g. CFA, ICAN, ACCA, etc.)
• Working knowledge of International Financial Reporting Standards (IFRS)
• Working knowledge of accounting concepts and conventions
• Competence in use of Fixed Assets Management Module in Enterprise Resource Planning (ERP) Software
• Competence in use of Fixed Assets Ledger Accounting in ERP Software
• Competence in use of Microsoft Office Tools (e.g. Excel, Access, Power Point, Word, at advanced levels)
• Analytical, problem solving and decision making skills
• Good communication and presentation skills
• Proactive and hardworking
• Oral & Written Communication
• Excellent team player
• Computer appreciation/data entry (Word Processing/Spreadsheet/graphics)

Other Requirements

• Integrity and profesionalism
• Good interpersonal and Comunication skills
• Self motivation and self initiative
• Skills to do analyses and statistics
• Ability to work under pressure and meet deadlines

Application Closing Date
5pm GMT; 16th January, 2017.

How to Apply
Interested and qualified candidates should send their Applications including Curriculum Vitae and a cover letter to: [email protected] The application should be emailed as stated above, the subject of your email should be position applied for. Failure to follow the instruction will lead to disqualification of your application.

The cover letter should be addressed to:
The MD/CEO,
Abuja Electricity Distribution Company Plc,
1 Ziquinchor Street, Off IBB Way
Wuse Zone 4,
Abuja, FCT,
Nigeria.

Attention: The Director, Corporate Services.

Note: Only soft copy of applications will be treated.