BJBE01 Specialist - Capital Controlling Specialist (Senior)

SUMMARY:
We are seeking an experienced Capital Controlling Specialist to manage and oversee capital investment processes from initiation to project closure. This role is crucial in ensuring compliance with International Financial Reporting Standards (IFRS), tax regulations, and industry-specific guidelines, particularly relating to fixed assets.

POSITION INFO:
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.

• 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.