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Capital Controlling Specialist

2 months ago

Menlyn, South Africa Imizizi Full time
Job Title: Capital Controlling Specialist

Imizizi is seeking a highly skilled Capital Controlling Specialist to join our team. As a key member of our finance department, you will be responsible for ensuring the accurate and timely capitalization of assets, as well as maintaining compliance with IFRS, tax laws, and AIS guidelines.

Key Responsibilities:
  • Steer the process around Capital Invest Applications (CIA) from initiation to closure of project, ensuring compliance with 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 in SAP, including spare parts, in accordance with International Financial Reporting Standards (IFRS), tax laws, and AIS guidelines.
  • Ensure all capitalizations take place on a timely basis, with no ageing of items in CWIP.
  • Steer tagging of assets and verification of tagging, maintaining 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, ensuring 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, ensuring IFRS, tax, and AIS compliance.
  • 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.

As a Capital Controlling Specialist, you will have the opportunity to work with a talented team and contribute to the success of Imizizi. If you are a motivated and detail-oriented individual with a passion for finance and accounting, we encourage you to apply for this exciting opportunity.