BJBE01 Specialist
2 months ago
Menlyn, South Africa
Imizizi
Full time
Requirements: - BCom degree
- 3 years of capital controlling experience in a manufacturing environment
- Extensive SAP experience.
- Proficiency in Microsoft Office , especially advanced Excel .
- Strong understanding of IFRS (specifically related to fixed assets), Income Tax , and VAT Act .
- Knowledge of capital controlling processes and related compliance.
- Experience in a manufacturing environment .
- Experience with capital projects .
- Knowledge of Business Intelligence (BI) systems or methods.
Duties:
- Steer the process around Capital Invest Applications (CIA) from initiation to closure of project (including compliance with the Invest Planning Handbook, Invest Guideline and IFRS).
- Review and approve shopping carts in line with the guideline, IFRS, Tax and AIS requirements.
- Perform capitalization of complex assets (incl. spare parts) in SAP in terms of International Financial Reporting Standards (IFRS), tax laws and AIS guidelines. Maintain sufficient back-up of workings for such capitalizations.
- Ensure all capitalizations take place on a timeous basis (no ageing of items in CWIP).
- Steer tagging of assets and verification of tagging and maintain sufficient back-up for such.
- Steer the asset disposal process including the auction process of obsolete assets in terms of reconciliations of proceeds, invoicing, and compliance with all relevant legal requirements.
- Steer the asset register (including annual review of useful life and zero value assets).
- Prepare inputs for AIS applications, claim submission reporting and accounting.
- Assist with month-end, quarter-end and year-end closing and reporting related to fixed assets and ensure compliance with relevant IFRS, including reporting into the German invest interface (MORE).
- Regular reporting to Technologies on progress of asset breakdowns, asset tagging, invest expenditure for the year (SAZ).
- Execute budget/forecast for depreciation, tax, invest, AIS amortization and cashflow.
- Prepare/update guidelines relevant to Capex and Asset controlling.
- Identify and implement improvements to the IT system for asset and capital controlling (ensure IFRS, tax and AIS compliance). Implement enhancements to IT system to achieve efficiency in processes.
- Perform testing and assess functioning/design of internal controls in area of responsibility (ICS compliance).
- Assist with the preparation of any audits.
- Ensure training and knowledge transfer of capex and asset processes takes place to Technologies.
