Specialist Fixed Assets at Etisalat Nigeria
Emerging Markets Telecommunication Services (EMTS), trading as
Etisalat, is a Nigerian company duly incorporated under the laws of
Nigeria in partnership with Mubadala Development Company and Etisalat of
the United Arab Emirates. Incorporated in Nigeria as a private company,
it acquired the Unified Access License from the Federal Government in
January 2007. The license includes a mobile license and spectrum in the
GSM 1800 and 900 MHz bands. Etisalat acquired a 40% stake in EMTS and is
now the operator of the Unified Access License.
Job Title; Specialist.Fixed Assets
Location: Lagos,NG
Job Summary;
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Job Title; Specialist.Fixed Assets
Location: Lagos,NG
Job Summary;
- Prepare all network-related assets for capitalization, depreciation, disposal, impairment and verification.
- Analyze and provide guidance on accounting standards related to non-current assets
- Keep abreast of global and local best practices with respect to asset accounting and management
- Provide relevant inputs to support the development of fixed asset policies, processes and procedures
- Account for network assets additions and obtain ready for service (RFS) advice for relevant periods
- Recognize and capitalize network assets in line with IFRS and other relevant accounting standards
- Conduct timely update of the fixed assets register with all additional network assets acquisitions
- Book all fixed assets capitalization journals using appropriate description
- Account for custom duties and capitalize based on sites ready for service
- Ensure that network assets capitalization complies with capitalization PPPs
- Ensure assets in fixed assets register are complete for depreciation charge
- Compute monthly depreciating charge for assets in the register
- Obtain historical information for all assets to be disposed and ensure necessary authorizations are in place for the disposal of assets in line with the company�s disposal policy
- Book disposed assets on the Oracle ERP fixed assets module
- Ensure proceeds of disposed assets are adequately remitted and appropriately recorded
- First degree or equivalent in relevant disciplines
- Postgraduate/ professional qualification and/ or certification in a related field will be an added advantage, e.g ICAN, ACCA, CIMA, etc
- Between three (3) and five (5) years directly relevant post-NYSC work experience � at least 2 years in fixed assets accounting and management
- Ideal candidate must be able to demonstrate good knowledge of network assets in a telecoms business environment, including 2G, 3G and switching equipment
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