Job Description

Capital Controlling Specialist Functional - SAP
GautengJoin a dynamic and forward-thinking team at our client, a leader in the automotive industry known for innovation and excellence. We are currently seeking a talented and motivated Capital Controlling Specialist for an exciting short-term contract opportunity, where you are available immediately.As a Capital Controlling Specialist, you will play a crucial role in managing and optimizing capital investments within our automotive division. Your expertise will help ensure that our capital projects are on track, within budget, and aligned with strategic goals. This role is perfect for someone with a strong background in financial control and a passion for the automotive sector.Location Gauteng:Essential skills requirements:

• Experience with SAP
• Proficient in using the Microsoft Office programs and advanced excel skills.
• Accounting (Current IFRS requirements) mainly related to fixed assets.
• Knowledge of the Income Tax and VAT Act mainly related to fixed assets.
• Understanding of the Automotive Investment Scheme (AIS).

Required qualifications needed:

• BCom degree with at least 3 years capital controlling experience in a manufacturing environment.

or

• BCom (Acc) hons degree with one year experience in a manufacturing environment

or

• Chartered Accountant (SA)

Some of the duties that successful candidate would need to carry out:

• 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.

If this role speaks to you and you are readily available to take on this exciting venture, then waste no time and get your application across.Apply for this Job

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