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Senior Accountant – Fixed Assets

Safaricom Telecommunications Ethiopia PLC

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Finance

Business and Administration

Addis Ababa

2 years - 3 years

Position

2021-09-25

to

2021-10-02

Required Skills
Required skills have not yet been specified for this position this job
Fields of study
No fields of study

Full Time

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Job Description

About Us

Safaricom Telecommunications Ethiopia Plc is a company supporting Ethiopia’s digital transformation. As a member of the Vodacom family, we have a wealth of experience connecting over 334 million people globally and over 180 million people in Africa across our network. We look forward to partnering with Ethiopians as we build a new network in Ethiopia.

We are setting the groundwork in readiness for the launch of our services next year and are looking to work with purpose-led teams that put the community at the heart of service.

Safaricom Ethiopia is offering a wide range of careers, whether you’re looking to join our technology, commercial or corporate teams. If you would like a challenge and the promise of a digital future for the people of Ethiopia, we are looking for you. 

We are pleased to announce the following vacancy for Senior Accountant – Fixed Assets within Finance Function in Ethiopia. In keeping with our current business needs, we are looking for a person who meets the criteria indicated below.

Detailed Description

Reporting to the Manager – Fixed Assets, the role holder will be responsible for managing the company owned and leased assets by recording the cost of newly-acquired fixed assets  (both tangible and intangible), tracking fixed assets, recording depreciation and accounting for the disposal of fixed assets.

Job Responsibilities

  • Ensure proper and timely capitalization and disposal of fixed assets.
  • Reconcile fixed assets register to the general ledger breaking down major categories of assets into cost, depreciation, and net book value.
  • Liaise with technology division to ensure that all assets put in use in the month especially network infrastructure elements are accounted for under additions for the month by quantity and value.
  • Analyze additions from AP ledger and classify them into main asset categories monthly.
  • Maintain proper trail of supporting documents for additions to fixed assets.
  • Review POs to ensure that any commitments made in respect to assets which have not yet been invoiced are accounted for in the correct accounting period especially items relating to CWIP.
  • Review disposals and ensure the same are in line with company policy and fully analyzed and properly accounted for including retirement from the register.
  • Justify any adjustments to fixed assets with proper analysis of the impact it has on depreciation.
  • Analyze CWIP into the specific sites to which they relate to and tie the same to specific purchase orders.
  • Age the CWIP based on the issuance report to ensure that no items remain therein for more than 6 months.
  • completeness and accuracy of ledger entries.
  • Ensure accurate and timely reconciliation of ledger and sub-ledgers by ensuring that all the oracle ledger entries are accurate and updated.
  • Ensure and monitor the process for tagging of all assets and update the tag numbers into the fixed assets register for all additions.

Job Requirements

Requirements

  • Business related bachelor’s degree from a recognized university.
  • Qualified Accountant with CPA /ACCA/CIMA/ACA.
  • 2 – 3 years post qualification experience in finance with specialization an area of financial accounting.
  • Proficiency in data analytics and visualization tools
  • A strategic thinker, shaping processes, people, and systems

How to Apply

If you feel that you are up to the challenge and possess the necessary qualification and experience, kindly proceed to update your candidate profile on Ethiojobs.net 

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