Senior Specialist: VSA Technology CAPEX Controller

Role Purpose

We seek a highly skilled CAPEX controller to manage and coordinate the financial requirements for VSA Technology with the commercial teams responsible for investment management. This position is responsible for the strategic oversight, monitoring, and reporting of capital investments in accordance with the plans. The CAPEX Controller ensures that all capital expenditure projects align with organizational goals, adhere to budgetary constraints, and meet regulatory compliance standards.

Work Environment:

This role requires a high level of attention to detail, the ability to work under tight deadlines and coordinate across teams, manage demands and coordinate submissions upwards and laterally. The successful candidate will be an integral part of the Tech finance team and will collaborate with various departments to ensure effective CAPEX reporting, planning and governance processes.

Essence of Role – Key Accountabilities

• Capital Expenditure Planning: Oversee the development and implementation of annual and long-term CAPEX plans, ensuring alignment with corporate strategies and operational objectives.
• Annual coordination and preparation of CAR submission
• Quarterly coordination and preparation of CIRB submission
• Budgeting and Forecasting: Collaborate with departmental heads to prepare CAPEX budgets, monitor spending against forecasts, and provide variance analysis.
• Ensuring alignment to central FP&A on key CAPEX targets and strategic plans
• Coordination with investment planning team to drive CAPEX built in individual Tech teams
• Project Management Support: Coordinate reporting for planning, execution, and completion of CAPEX projects, ensuring projects are delivered within financial requirements, time, and quality requirements per Technology Investment management team review and oversight.
• Fixed Asset Management: Oversee the capitalization, depreciation, and disposal of fixed assets, ensuring accurate and timely recording in financial systems.
• Financial Analysis: Coordinate detailed financial analysis of proposed CAPEX projects, including cost-benefit analysis, ROI calculations, and risk assessment, with the respective Tech FBP EHODs.
• Reporting and Communication: Prepare and present CAPEX reports to senior management, including project status, budget adherence, and forecast updates. Ensure clear communication of CAPEX performance and risks, including cash flow implications.
• Approval Process Management: Manage the CAPEX approval workflow, ensuring all expenditures are properly authorized and documented in compliance with company policies.
• Compliance and Governance: Ensure all CAPEX activities comply with relevant accounting standards, regulatory requirements, and internal controls.
• Process Improvement: Identify and implement continuous improvements in CAPEX controlling processes, leveraging technology and best practices.
• Audit Coordination: Facilitate internal and external audits related to CAPEX projects and fixed asset management, providing necessary documentation and explanations.
• Stakeholder Engagement: Liaise with cross-functional teams, including finance, operations, procurement, and engineering, to support CAPEX-related initiatives.
• Risk Management: Identify, assess, and mitigate financial and operational risks associated with CAPEX projects.

Role Dimensions

• Financial (limits/mandates etc.)
• Non-financial (customers/staff etc)
• Business Leaders / Owners / Stakeholders/ Vendors

Extreme Importance

• Analysing
• Deciding and Initiating Action
• Planning and Organizing
• Persuading and Influencing
• Delivering Results and Meeting Customer Expectations
• Writing and Reporting
• Adapting and Responding to Change
• Coping with Pressures and Setbacks
• Presenting and Communicating Information

High Importance

• Relating and Networking
• Applying Expertise in Technology
• Influencing behaviour and actions of peers in line with team objectives
• Working with People
• Adhering to Principles and Values
• Connecting the dots
• Following Instructions and Procedures

Moderate Importance

• Formulating Strategies and Concepts
• Researching and hypothesizing

Baseline Importance

• Achieving Personal Work Goals and Objectives
• Creating and Innovating
• Entrepreneurial and Commercial Thinking
• Being innovative and challenging the status quo to drive improvements
• Minimum of five years' experience in financial controlling, project accounting, or capital expenditure management within a medium-to-large organization
• Proficient in Smartsheet's, excel, Qliksense, HFM, SAP, advantageous
• Strong understanding of accounting principles and cash flow management.
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Detail-oriented with a high degree of accuracy.
• Experience in Budgeting and Forecasting
• Experience in financial and business information analysis
• Experience in financial modelling and business partnering

Qualifications

• Bachelor's degree in finance, Accounting, Business Administration, or a related field.