Career Opportunities at BMW Group South Africa

Purpose & Key Accountabilities

• Responsible for all treasury, forex revaluation reserves, intercompany. 
• Responsible for the compilation and preparation of exception reporting using data tools to monitor process adherence in the following area corporate accounting.
• Reporting of financial information to external parties. (Stats SA, NAAMSA, SARB,NCR).
• Forecasting relating to treasury, cashflow forecasting.
• Preparation of treasury committee material for the treasury meetings monthly. 
• Balance sheet month end submission. 
• Management of students on accounting aspects delegated. 
• Review of reconciliations prepared by students, training of students. 
• Preparation of small company statutory financials statements. 
• Responsible for ICS control documentation. 
• Training the business on SARB (South African Reserve Bank) compliance. 
• Preparing and ensuring timely submission and facilitating of any special SARB pre approval’s for foreign outgoing payments not covered in terms of the imports undertaking. 
• Annual SARB compliance reporting.
• Facilitation of annual return compilation and completion for all BMW Statutory entities.
• Audit query management relating to treasury and balance sheet reporting (external and internal).
• Monthly accounting i.ro balance sheet items
• Monthly reconciliation i.e. of various balance sheet items
• Reconciliation of treasury accounts.
• Clearing of treasury accounts 
• Guide the business on any new accounting standards
• Bank statement & account upload for all BMW Bank accounts i.e. NSC, Plant, and Corporate. 
• Inter-company reconciliation, confirmation and request for invoicing.
• Treasury Management System (Wall Street) monthly process.
• Banking relationship administration (Queries, system admin)
• Ad hoc projects, analyses and reporting.
• Banking and other master data maintenance, regular review of limits and other items to ensure compliance and a strong environment. 
• Derive data analytics through exception reporting relevant to the F-4 area using data tools.
• Monitoring and reporting of exceptions to identify process non adherence issues in the business for the F-4 area
• Roll out of any new requirements from group w.r.t to new accounting standards. 
• Coordination & facilitating approval of responses for internal audit queries relating to F-4.
• SARB reporting
• Forecasting relating to treasury and corporate accounting topics.

     
Other

• Support on ad-hoc requests from Finance Director.
• Maintenance of standardized work instructions and process documentation for area of responsibility.
• Improvement of financial reporting processes and IT systems within the function.
• Internal Control Systems, responsible for the control environment in area of responsibility
• Stand-in for certain Corporate Accountant role        

Qualifications

• CA (SA)

Working Experience

• Articles + 1 years post articles preferred

Computer Literacy

• SAP knowledge preferred.
• Strong Microsoft Office (Excel and PowerPoint) Skills.

Knowledge & Skills

• Accounting, tax knowledge needed.
• Process knowledge.
• Pls indicate any requirements of special knowledge/technical skills, etc.
• Accounting (IFRS).
• Negotiating skills.
• Analytical skills with creativity and initiative.
• Ability to effectively deal with senior management and external parties (interpersonal skills).
• Ability to work under pressure and meet tight deadlines with minimum supervision.
• Ability to deal with varied tasks at the same time without losing sight of the big picture.

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Purpose of the Job & Key Responsibilities

As Head of Accounting for BMW Group SA, you take overall responsibility for the financial statements towards external authorities as well as towards the local Board of Management (Actuals, Forecasts and Budget).

Although daily operations for treasury trades are done as shared service from BMW SA Financial Services you also are managing the strategic medium- and long-term treasury requirements and ensure compliance with relevant Group Policies, Guidelines, Instructions and Procedures as well as external legislative requirements e.g. Of South African Reserve bank compliance for all areas of the business, and Company’s act governance aspects (Solvency, liquidity). Next to group reporting in terms of IFRS and E-GAAP, general ledger accounting and accounts payable, your tasks include payroll accounting and travel management.

As Head of Accounting, you will also steer the external auditing process and the following-up on findings and prepare all monthly and quarterly closing documents and presentations. Ensuring the regular information exchange and alignment with Group Central FR Functions. You will also take accountability for the control environment within the areas of responsibility.

Qualifications:

• Professional qualification such as CA (SA)

Work Experience

• 8 to 10 years post article experience in the Finance environment.
• Minimum of 5 years of relevant work experience in accounting or finance roles

Knowledge & Skills

• IFRS expertise.
• Strong decision-making skills in finance and accounting matters.
• Excellent communication and interpersonal skills.
• Strong leadership skills and ability to manage a diverse team.
• Ability and experience to manage conflicts.
• Ability to work under pressure and drive initiatives to optimize processes.
• Highly motivated, self-organized, independent personality who can work independently.

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Key Accountabilities

Invoice Processing:

• Receive, review, and process related vendor invoices in SAP.
• Verify the accuracy of invoice details, including coding, authorization, and adherence to specific regulations and policies.
• Perform three-way matching of invoices, purchase orders, and receiving documentation to ensure proper goods receipt and pricing accuracy.
• Resolve any discrepancies or issues related to invoices, purchase orders, or vendor accounts issues.
• Vendor Management:
• Communicate and collaborate with vendors regarding invoice inquiries, discrepancies, and payment-related matters.

Payment Processing:

• Ensuring compliance with payment terms, tax regulations, and industry-specific requirements.
• Monitor and reconcile specific vendor accounts, resolving any payment-related issues or discrepancies.

Compliance and Reporting:

• Ensure compliance with specific regulations, policies, and reporting requirements.
• Assist in internal and external audits by providing necessary documentation and explanations specific to accounts payable transactions.
• Communication and Collaboration:
• Collaborate with cross-functional teams, including procurement, inventory, and finance, to resolve invoice and payment-related inquiries.
• Communicate with internal stakeholders, vendors, and other departments to address specific accounts payable matters and facilitate smooth operations.

Process Improvement:

• Identify opportunities for process improvements, efficiency gains, and cost savings within accounts payable operations.
• Recommend and implement enhancements to streamline motor industry-specific invoice processing and payment workflows in SAP.
• Provide feedback and suggestions for system enhancements or automation initiatives to optimize motor industry-specific accounts payable processes.

Work Experience

• Prior experience as an Accounts Payable Clerk or similar role, with hands-on experience using SAP for accounts payable processes.

Knowledge & Skills

• In-depth knowledge of accounts payable principles, practices, and procedures

Motor Industry Knowledge:

• Familiarity with the motor industry, its specific terminology, processes, and regulations can be advantageous.

Financial Analysis:

• A strong understanding of financial analysis concepts, such as cost allocation, budgeting, and variance analysis, can be advantageous.

Problem-solving and Troubleshooting:

• Having strong problem-solving and troubleshooting abilities will be advantageous in addressing and resolving complex issues related to invoices, payments, and vendor accounts.

Attention to Detail:

• Accurate data entry, meticulous record-keeping, and precise invoice verification are crucial in accounts payable.

Technology Proficiency:

• Proficiency in Microsoft Office, mainly Excel would be advantageous.

Continuous Learning:

• The ability to adapt to new technologies, industry regulations, and best practices would be advantageous.

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You will be responsible to plan, lead, organize and control all aspects and activities within the specific work unit to ensure the hourly achievement of targets (quality, cost, delivery and safety) and continuous improvement through the technical supervision of direct associates, coaching and training of associates and all line activities while improving all relevant standards.

• To drive of daily work organisation within areas of responsibility in order to drive effective communication within the production system.
• To achieve hourly volume targets through mean time to repair and mean time between failures by proactively managing and initiating containment action, immediate problem solving and/or escalation when necessary.
• To identify non-conformances, provide all customer concerns to the associates, initiate problem solving and implement robust processes to exceed customer satisfaction.
• To ensure process adherence, optimise and observe core processes through daily process conformation to ensure stability and continuous improvement.
• To control and contribute to the allocated section budget as cost per unit target in order for the section to remain profitable and cost effective.
• To maintain a healthy and safe environment through enforcing compliance to IMS requirements
• To ensure versatility within the team through coaching, training and development, and collaboration with associates with the support of the process leader.

Qualifications

• Minimum National Diploma (Industrial/Mechanical/Electrical/Logistics/Operations)
• Minimum 2 years automotive/manufacturing industry experience. 
• Minimum 1 year technical specific experience would be an advantage. 
• Minimum 1 year leadership experience would be an advantage.
• Knowledge of company policies and guidelines.
• Risk Management.
• IMS Systems.
• Product/Process Knowledge would be an advantage

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To contribute and enable a strategic and holistic approach to HR Development, by developing processes and tools to develop associates for current & future roles, whilst developing future talent and critical skills capability.

Key accountabilities of the function

• (pls. use suitable verbs as agree, verify, operate, support, prepare, decide, etc.)
• Develop the training needs process, consult with business & develop an annual training calendar based on
• priority needs.
• Translate business strategies into customized, local leadership development programs and ensure full
• process chain from concept development to delivery, including procurement and contractor management such as the Process Leader Programme.
• Oversee People With Disabilities (PWD) programme, i.e. procurement and contractor management.
• Manage graduates i.e. results, resignations & rotation schedule
• Drive employee engagement strategy by partnering with human resources teams and business leaders to implement employee engagement strategies, such as development of talent systems, mentoring programs, succession planning, and more.
• Develop new starter orientation and onboarding experiences for new employees, to identify high potential individuals, determine work abilities, and professional support needed to engage and retain new talent.
• Develop, implement and facilitate Global leadership development formats like Leadership Platform and
• adapt to local business needs.
• Source, evaluate & facilitate the use of external service providers as required, whilst creating & maintaining a reputable vendor database.
• Conduct Talent Assessments by utilizing leadership development strategies, tools, and processes to identify learning needs and employee competencies. This will inform key skill gaps and identify employee readiness, talent gaps, and retention risks.
• Plan budget and monitor defined KPI’s.
• Measurement of the effectiveness of all implemented learning and development programs, by regular
• monitoring and reporting of training data and statistics. Analysis of data to enable improvement of employee abilities and strengthening the skill set of a company’s existing workforce.
• Remain abreast of best practice training methodology through research & benchmarking, as well as the latest legislation to ensure legal compliance.
• Build & implement plans for development projects that ensure transfer of capability & sustainability of skills & processes.
• Establish and maintain the networks within the Region, Group and other markets for Professional Development related information exchange & experience sharing.

Impact on innovations and changes

• (What is the expected extent of change of a function in terms of processes, systems, etc.?)
• Innovative & forward-thinking talent programmes to support business with competent individuals to fill the talent pipeline

Purpose and subject of the interaction/communication with internal/external interfaces, negotiating mandate

• (e.g. What is communicated how to whom?)
• Consult with internal stakeholders – identify and understand needs with regards to training & people development requirements.
• Partner with human resources teams and business leaders to implement employee engagement strategies.
• Talent systems, mentoring programmes, succession planning.
• Negotiate terms, service level agreements etc with external suppliers in accordance with purchasing processes.
• BMW Group network to ensure need based, bespoke training offerings and people development activities.

Educational Background / Professional Knowledge and Experience / Other Skills

Education

• Bachelor’s Degree in HR Management, Psychology, Education or equivalent; Honours and/or a Master’s degree is an added advantage

Work experience, Leadership experience

This role is suited to a candidate with Manufacturing Sector Experience and a largely blue collar worker environment.

Minimum 7 years’ experience in training program design and development

Minimum 7 years’ experience with learning systems and learning management platforms

Minimum 3 years’ experience in strategic change interventions

Additional skills: special skills / technical ability etc.

• HR generalist skills – role will require successful collaboration with the HRBP’s to implement employee development strategies, hence a good knowledge base of the HR area is key.
• Collaborative leadership – working with various leadership stakeholders to steer overall talent development strategies.
• Data analysis – ability to collect, gather and analyse data and present concise actionable results
• Program management – competency to deliver employee development programs and manage multiple resources to achieve objectives
• Instructional development – understanding adult learning methods and instructional design is essential to create effective training materials.
• Public speaking – must be able to clearly present on a wide variety of career related topics.
• MS Office Suite (Excel, Word, PowerPoint and Outlook) & Learning Management systems.
• The ideal canidate is a self-starter, resilient, resourceful, a team player and thrives in a fast paced, demanding work environment.

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Responsible for overall financial reporting, controlling as well as financial management of Motorplan & On-Call funds as well as Warranty for both Cars and Motorcycles.

You will be responsible for the below:

• Ensure all financial transactions related to area are correctly recorded in the financial records & month-end and year-end closure and reporting.
• Ensure full compliance with IFRS & tax legislation in area.
• Compilation of monthly management accounts & balance sheet reconciliations to allow for effective decision making based on the financial information.
• Preparation of forecasts, budgets and long-range plans.
• Reporting, steering and interrogation of Motorplan & On-Call Fund and Warranty provision, by liaising with Customer Support and the External Actuaries.
• Questioning and interrogating Motorplan Fund data & reports to ensure appropriate valuation results.
• Discussions/Investigations with external auditors on appropriate accounting and tax treatment.
• Continuous assessment, testing, documentation, and implementation of internal control processes (ICS) in the business as well as in finance.
• Steering of Customer Support department, External Actuaries and Auditors’ deliverables to ensure reporting deadlines are met.
• Digitalisation in the area.

What you should bring along?

• CA(SA)/CIMA is required.
• Excellent understanding of Accounting Principles.
• Excellent process and systems understanding. 
• Critical Thinking and attention to detail.
• Problem Solving and implementation.
• Strong communication and presentation skills.
• Minimum 3 years post article experience.

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Responsible to the Domain owners for the innovation, development and operation of the IT Domain and its related products and respective services throughout the entire life cycle. Providing technology innovation for SAP, Cloud, Data analytics as agreed with Domain owners. Influence on the design of the Group template solution for IT Products.

General:

• Ensure the build-up and management of the Vehicle Management at Dealer offer pipeline for the ZA Hub in line with the strategic vision.
• Ensure integration of strategy and business model results and actions into Governance activities.
• Ensure and enforce the establishment and execution of policies and procedures for the Vehicle Management at Dealer department at the ZA Hub.
• Ensure the successful execution of all the ZA Hub’s Vehicle Management at Dealer related Delivery Portfolios for complex large-scale initiatives according to BMW standards.
• Ensure the delivery of all agreed Vehicle Management at Dealer requirements within the within agreed budget, time and quality. 
• Ensure resource planning for all Pipeline deliverables including legal changes etc.
• Manage the Group standard implementation and the alignment of the ZA Hub Vehicle Management at Dealer department with central FG standards and processes.
• Ensure all agreed ITL targets are met regarding the Vehicle Management at Dealer a department in the ZA Hub South Africa e.g. growth (resources and deliveries).
• Influence and negotiate business planning and processes to adhere to existing business templates, IT standards and strategies.
• Give strategic direction for Vehicle Management at Dealer sourcing and staffing models.
• Effective management of complex international initiatives and multi projects.
• Overall steering and management of the Vehicle Management at Dealer ZA Hub budget, incl. forecasting and customer transparency.
• Right to decide about the allocation of internal and external resources, the functional sourcing and the operative management of the external partners (in coordination with provider controlling and purchasing) in the above-mentioned context. 
• Entitled to request information and support from the corresponding business functions in order to adequately handle the above-mentioned responsibilities and tasks. 
• Supports the corresponding IT Domains in the above-mentioned context.
• Continually adjusts and improves the IT Products and IT services.
• Sourcing and staffing of Feature Teams with internal employees and/or external contractors considering the legal framework based on the requirements of Funnel Management and Domain Owners.

Personnel/Resource Management: 

• Mentor and coaching of managers and team members.
• Allocate and balance resources to support company and customer requirements. 
• Forecast personnel / contractor resources required to achieve both short and long term objectives.
• Ensure the approval of additional or the availability of existing resources for additional prioritized requirements. 
• Conduct direct reports career planning and development.
• Ensure establishment of Skills development programs.
• Contribute positively to the BMW SA BBBEE targets.
• Negotiate sourcing models with Purchasing.

Compliance and Governance:

• Driving the ZA Hub Vehicle Management at Dealer team’s adherence to the IT relevant compliance requirements in the local and international legislative framework.  Defining, implementing and ensure adherence to the appropriate processes and policies accordingly.  
• Ensure all relevant Audit points are transparently documented and directly manages their closure through a transparent process. 
• Implement the IT Governance requirements (e.g. IT Security, IT Compliance, IT Risk and IT Architecture).

Leadership Tasks:

• Managing the resources and skills within the section in line with BMW Guidelines and Procedures.
• Disciplinarily lead managers and associates in own department in line with agreed goals and targets.
• Agree targets for Direct Reporting Managers.
• Delegating tasks to managers and managing their delivery accordingly.
• Setting and communicating policies and processes as well as delegating tasks or roles to peers via functional / matrix leadership outside of the department.
• Motivate associates and managers to achieve above average performance.
• Act in fair and unbiased manner to obtain loyalty to the company and the department based on the BMW 5 core values.
• Take corrective action in line with company policy where necessary. This include disciplinary action.
• Conduct regular performance appraisals with direct reports.
• Recommend organizational changes, training, and development programs.
• Effective communication with all internal and external stakeholders. 

Safety, Health & Environment (SHE) - Duties & Responsibilities 

• In order to effectively manage the duties and responsibilities as contained under the framework of the Occupational Health and Safety Act 85 of 1993 and Environmental legislation it is a condition of employment and expected that each employee, whilst in the employ of and/or when on the premises of BMW SA, adhere to the requirements of the said Act, Environmental legislation and the Safety, Health and Environments (SHE) rules as contained in the BMW Site Standard and BMW Group guidelines which may be changed from time to time. 
• Your co-operation and commitment in adhering to the above and by attending the appropriate SHE Training provided will support safe and healthy working conditions, thus minimizing the risk of injury and / or ill health. 
• By virtue of your signature and as a condition of employment you acknowledge and accept that the implication of non-compliance to the Health, Safety, and Environmental Rules is understood. 
• As the health and safety of our employees and the impact our processes and activities may have on the environment is of utmost importance any non-compliance will be viewed in a serious light and may lead to disciplinary action being taken against offenders.

Qualifications - External

• B Comm. / BSc degree in Business, Information Technology or Engineering or equivalent work experience.
• Post graduate MBA or equivalent degree or qualification in Business Administration or 15+ years of experience in General/Senior Management in a large corporate, of which at least 5 years are in the IT function.
• 15+ years working experience in Engineering, Manufacturing, Automotive, Science, IT or related industries. 
• 10+ years of experience in Senior Management (leading other managers) with exposure to Engineering or Manufacturing, IT, Sales and Marketing or Commercial functions.
• 10+ years’ experience in international projects or working on international assignments.
• 10+ years IT project management or Agile methodology experience.
• As an advantage, additional general mixed experience in IT systems, infrastructure and application architectures and technologies e.g. Operating Systems, Networks, Servers, Databases, Backup, Storage and Archiving, Web Technologies (Internet, Intranet), End Devices, Security (Encryption, Authentication, Anti-Virus), middleware and connection interfaces.
• Outstanding leadership capabilities – coaching, mentoring, motivation skills.  
• Strategic and global thinking capabilities.
• Ability to present and market ZA Hub strategy.
• Familiar with BMW legal, contractual and Human Resource requirements.
• Ability to lead a team in order to deliver high standard projects /Products within the group standards in order to meet international business objectives.
• Strong people leadership skills and a proven capability to lead in matrix organizations without formal disciplinary responsibility (this includes the ability to lead peers successfully).
• Excellent written, verbal, visual communication skills.
• Excellent negotiation skills with a commercial focus – ability to communicate IT matters in business or commercial terms.
• Proven commercial acumen and sound working knowledge of financial planning, controlling and steering skills.
• Proven ability to be effective in dealing with uncertainty and a volatile environment with often ambiguous and conflicting requirements and priorities.
• Ability to prioritize effectively in a dynamic manner.
• Above average analytical and conceptualization skills.
• Above-average ability to structure, illustrate and or communicate complex concepts in an understandable, practicable manner.
• Ability to source high quality IT resources & managers in order to deliver international IT solutions.
• Monitoring performance and progress proactively of projects, products, features and Agile Dev/Ops teams.
• Collection, periodization and packaging of international IT requirements.
• Ability to operate in an intercultural environment.
• Ability to influence business planning and assist the Business in international locations to align to the central business and IT strategy.
• Influence platform decisions in cooperation with central Group IT functions in order to optimise solutions / products based on projected future IT solutions.
• Provide cost calculations of Agile DevOps management and efforts for international IT Domains and Products.
• Leadership, direction and support CBS ZA Hub teams to ensure appropriate engagement in order to deliver the ZA Hub CBS Domain in line with BMW Group policies and frameworks.
• Ability to force adherence to BMW Group policies and procedures including governance.