Fixed Asset Manager at Dangote

The Dangote Group is one of the most diversified business conglomerates in Africa with a hard-earned reputation for excellent business practices and products’ quality with its operational headquarters in the bustling metropolis of Lagos, Nigeria in West Africa.
The Group’s activities encompass:

Cement – Manufacturing / Importing
Sugar – Manufacturing & Refining
Salt – Refining
Flour & Semolina – Milling
Pasta – Manufacturing
Noodles – Manufacturing
Poly Products – Manufacturing
Logistics – Port Management and Haulage
Real Estate
Dangote Foundation

Since inception, the Group has experienced phenomenal growth on account of quality of its goods and services, its focus on cost leadership and efficiency of its human capital. Today, Dangote Group is a multi-billion Naira company poised to reach new heights, in every endeavour competing with itself to better the past.

The Group’s core business focus is to provide local, value added products and services that meet the ‘basic needs’ of the populace. Through the construction and operation of large scale manufacturing facilities in Nigeria and across Africa, the Group is focused on building local manufacturing capacity to generate employment and provide goods for the people.Location: Ibese DCT, Ibese DCT

Company: Dangote Industries Limited

The Fixed Asset Manager oversees the entire fixed asset management function, ensuring accurate tracking, valuation, capitalization, and reporting of all company fixed and intangible assets. The role supports strategic decision-making by providing timely analysis, enforcing strong internal controls, and ensuring compliance with applicable accounting standards and policies.

Key Responsibilities

Approve AUC (Asset Under Construction) codes and ensure proper account assignment for fixed asset-related PR/PO.
Establish, implement, and monitor systems of internal controls, procedures, and documentation for accurate fixed asset recording.
Review and approve periodic impairment assessments for tangible and intangible assets.
Oversee timely and accurate recording of asset acquisitions, transfers, capitalization, and disposals in the accounting system.
Monitor compilation of project costs into fixed asset accounts and ensure prompt closure of completed AUC projects.
Conduct periodic reviews of the fixed asset register to identify and validate asset disposals or write-offs.
Reconcile fixed asset subsidiary ledger balances with the general ledger on a monthly basis.
Oversee depreciation calculations and posting for all fixed, intangible, and ROU assets.
Prepare and review audit schedules related to fixed and intangible assets; liaise with internal and external auditors.
Review and reconcile specific general ledger accounts related to fixed asset activities.
Conduct and present analyses on fixed assets performance, utilization, and lifecycle for management decision-making.
Track capital expenditures and compare against approved capital budgets and management authorizations.
Recommend and drive updates to fixed asset accounting policies and processes in line with best practices and IFRS standards.
Lead, coach, and develop the fixed asset accounting team to ensure accurate reporting and compliance excellence.
Collaborate with Procurement,Projects, Finance, Asset and Operations teams to ensure proper tracking and safeguarding of company assets.

Qualifications & Experience

Bachelor’s degree in accounting/finance with ICAN/ACCA certification or advanced stage.
Strong knowledge of IFRS (IAS 16, IAS 36, IAS 23) and fixed asset lifecycle processes.
Proficiency in SAP and advanced Excel. 
3–5+ years managing large asset registers, WIP, reconciliations, and audits. 
High attention to detail, strong analytical skills, and ability to work under pressure.