Job Description

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.

Assist with ad-hoc projects/requests when necessary

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