CAPEX Accountant (Port Elizabeth) at Aspen Pharma Group

Description

• Responsible for the accurate accounting, tracking, reporting, and governance of capital expenditure in line with IFRS, company policies, and internal control requirements.
• Ensures capital investments are appropriately approved, capitalised, depreciated, and reported while supporting effective financial decision making and asset management.

Requirements
Capital Expenditure Management

• Review, validate, and process CAPEX requests in accordance with approved budgets and governance frameworks.
• Track approved capital projects, commitments, and spend against budget
• Ensure all CAPEX is correctly classified, capitalised, or expensed in line with IFRS and company accounting policies.
• Maintain and update the fixed asset register, including additions, disposals, transfers, and impairments.

Accounting & Financial Control

• Perform monthly capitalisation, depreciation, and amortisation calculations.
• Reconcile CAPEX balances, fixed assets, and work-in-progress (WIP) accounts.
• Ensure compliance with internal controls, delegation of authority, and audit requirements.
• Support internal and external audits by providing accurate CAPEX and asset documentation.

Budgeting & Forecasting

• Support annual CAPEX budgeting and long-range planning processes.
• Monitor forecast vs actual spend and analyse variances.
• Provide insights on timing, cash flow impact, and return on investment for capital projects.

Reporting & Analysis

• Prepare monthly and quarterly CAPEX an fixed asset reports for management.
• Analyse capital investment performance and post-implementation reviews.
• Provide ad hoc financial analysis related to capital projects and asset utilisation.

Stakeholder Engagement

• Partner with Engineering, Operations, Procurement and Project teams to ensure accurate CAPEX tracking
• Support Project Managers with financial guidance on capital approvals, cost tracking and close out processes.
• Act as point of contact for CAPEX related financial queries

Background/experience

• 3 to 5 years experience in financial or management accounting
• Demonstrated experience managing CAPEX and fixed assets
• Experience in Manufacturing, Pharmaceutical or Engineering environment an advantage
• Working knowledge of IFRS, particularly IAS 16 (Property, Plant & Equipment)
• Bachelors degree in Accounting, Finance or related Field
• Professional qualification (CA(SA), CIMA, ACCA or equivalent preferred

Specific job skills

• Strong analytical and reconciliation skills.
• Sound understanding of CAPEX governance and internal controls.
• High attention to detail and accuracy
• Strong stakeholder management and communication skills
• Ability to work to deadlines in a fast-paced environment
• Advanced Excel skills; experience with ERP systems (e.g. SAP, Oracle) advantageous.

Competencies

• Offering Insights
• Maintaining Accuracy
• Managing Performance
• Interrogating Information