Economic Development (ED) Controller at Alstom

Purpose of the Job:

 The ED Controller will be responsible for managing the preparation, consolidation and execution of Economic Development Reporting (Local Content and B-BBEE) including management of Supplier B-BBEE Economic Development performance reporting and audits

Measurement (Key Performance Indicators)

• On -time delivery of quality reports to internal and external stakeholders
• Feedback from internal and external stakeholders
• On-time completion of B-BBEE audit and achievement of compliance level 2 and above
• Full programmed management of Local Content Reporting and supplier-BBBEE audits
• Submission of accurate B-BBEE and Local Content report data in line with agreed timelines
• Management of Local Content and B-BBEE related risk

Responsibilities

• Obtain understanding of ED contractual commitments i.e. Local Content and Broad-Based Black Economic Empowerment
• Refine and improve the tool for efficiency and find more efficient ways of obtaining valid and accurate data to place reliance on to ensure quality assurance of the ED Tool data in line with the contract interpretation and B-BBEE Codes.
• Establish ED reporting process to support monitoring and reporting of ED commitments. Lead reporting meetings and highlight reporting issues and mitigation plan.
• Coordinate the timely submission of progress reports by internal and external users and data.
• Assure robust forecast is available for all ED dimensions monthly.
• Generate qualitative and quantitative monthly reports on ED commitments. Analyse the data to ensure completeness and accuracy of data.
• Lead the ED audits on BBBBEE and Local Content for B-BBEE compliance and Customer audit compliance.
• Cost forecasting and compliance with latest standards
• Ensuring the overall responsibility for ED Processes
• Support the development of systems to pull information as required for the purpose of finance related ED reporting
• Manage the backlog of information required on historical Local Content data.
• Forecast cash and cost spend for the ED department and monitor the actuals against the forecast.
• Set up a monthly reporting work package review to report back to ED team
• Manage the quantification of Local Content and B-BBEE risk and opportunities, including engaging with internal departments on risk assumptions and mitigation plans.
• Provide ED training to employees when required e.g., induction etc.
• Engage with suppliers and support understanding and interpretation of ED contractual commitments and the reporting requirements of each supplier
• Manage the supplier B-BBEE audits and report to Sourcing on audit outcomes and required actions to mitigate risk.

MINIMUM QUALIFICATION REQUIREMENTS:

• Matric
• Commercial degree (CIMA/Accounting/Auditing qualification)
• Data analysis experience
• Advanced MS Office
• Advanced excel modelling skills
• Reporting and Project Management experience
• Knowledge of B-BBEE

RELATED EXPERIENCE:

• Experience Level: At least 4 years’ experience in accounting/ auditing role, experience with B-BBEE and Local Content

Professional Competencies / Skills:

• B-BBEE Codes of Good Practice audit/verification
• Local Content Reporting and Auditing
• Excellent project-management skills with proven delivery orientation
• Exceptional writing and reporting skills
• Advanced excel skills
• Strong analytical thinking capabilities
• Impeccable attention to detail
• Strong verbal and written communication skills
• Teaming and collaboration skills

Closing Date: 30th, June 2022