Acquire to Retire Analyst – Fixed Assets at Safaricom Kenya

JOB DESCRIPTION

We are pleased to announce the following vacancy for Acquire to Retire Analyst in the Finance Division. In keeping with our current business needs, we are looking for a person who meets the criteria indicated below.

Reporting to the Acquire to Retire Team Lead, the role holder will be responsible for accurate and timely accounting for tangible and intangible assets and maintaining proper records that will facilitate accurate an up to date tracking of all the company assets.

RESPONSIBILITIES

• Reconcile fixed assets register to the general ledger monthly breaking down major categories of assets into cost, depreciation, and net book 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.
• Before month end, liaise with implementation department 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.
• Review POs monthly 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 monthly and ensure they are in line with company policy and fully analyzed and properly accounted for.
• Compute monthly depreciation per asset and per group of assets and ensure that it is properly accounted for. Perform a global check for depreciation charge per assets category to ensure reasonableness.
• Physically verify all tangible assets at least once every 2 years. Verify material additions at the time of tagging on an ongoing basis.
• On a monthly basis, analyze assets into the main categories required for reporting purposes in the Hyperion.
• Justify any adjustments to fixed assets with proper analysis of the impact it has on depreciation.
• Analyze capital work in progress into the specific sites to which they relate to and tie the same to specific purchase orders.
• Age the CWIP monthly depending on the age of the PO to ensure that no items remain therein for more than 6 months.
• Review decommissioned sites and document justification. Ensure that accounting for decommissioned sites is in line with Vodafone policies and comply with IAS on retirement of assets.

QUALIFICATIONS

Key Competencies the role holder must possess Include:

• Planning and Control: Ability to translate strategies into actionable plans that add value via process and operational improvements and Steer business performance by using strategy and external data to help set goals.
• Accounting: Preparing, analysing, and summarizing financial data to support business operations and delivery statutory information. Display sound knowledge of the International Financial Reporting Standards and their application
• Reporting and dashboarding: Combining expertise and commercial awareness to deliver value added solutions while delivering timely and accurate reports to satisfy statutory and business requirements. Exhibit proficiency in data analytics and visualization tools such as Excel, Power BI, Qlik etc.
• Financial responsibility: Shows competency in compiling accurate financial information regarding all the capital expenditure in the business and computing & reporting accurately the additions, disposals, adjustments, and depreciation in the balance sheet
• Stakeholder Engagement: Ability to relate well with both internal and external customers and work in teams

Must have technical and professional qualifications:

• Business related Bachelor’s degree from a recognized university.
• Qualified accountant with CPA (K)/ACCA/CIMA/ACA is a must.
• 2-3 years post qualification experience in finance with specialization in one or two areas of financial accounting i.e., fixed assets, Inventory accounting, sub-ledger accounting, statutory reporting