Vacancy title:
Assets Accountant

Jobs at:
EDCL

Deadline of this Job:
17th October 2018

Duty Station:
Kigali, Rwanda

Summary
Date Posted: 11th October 2018 , Base Salary: Not Disclosed , Employment Type: Full-Time

About the Company

JOB DETAILS:

Key roles & responsibilities

• Create and monitor a system of controls, procedures, and forms for the recording all fixed assets.
  
• Recommend to management any updates to accounting policies related to fixed assets as per IFRS requirement.
  
• Verify if all fixed assets are tagged and ensure that all assets under construction (WIP) are listed and updated with incurred costs.
  
• Record fixed asset acquisitions and disposal 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.
  
• 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 accumulated depreciation.
  
• Investigate the potential obsolescence of fixed assets.
  
• Conduct periodic impairment reviews for intangible assets and regular physical verification of fixed assets.
  
• Recommend to management whether fixed assets should be disposed of.
  
• Conduct analysis related to fixed assets as requested by management
  
• Prepare audit schedules relating to fixed assets, and assist the auditors in their inquiries.
  

Qualifications & experience

• Bachelor’s Degree (A0) in commerce, Accounting, Business Administration with specialization in Finance or Accounting;
  
• At least 2 years’ experience in related relevant role
  
• Having a professional qualification of CPA, ACCA or CAT or pursuing any of these professional qualifications is an added advantage Having knowledge in use of IFMIS is an added advantage