Assistant Financial Controller - Contract Role

Airbus; Randburg; On-site; ZAR 400,000 - 600,000; Full time

Job summary

A leading company in the aerospace industry is seeking a Finance professional for a key role managing accounts payable and receivable, ensuring compliance with IFRS, and supporting project financial analysis. The applicant must have a Finance degree and at least 4 years of relevant experience. This position offers the opportunity to work within an innovative and diverse environment, contributing to significant projects in the aviation sector.

Qualifications

• At least 4 years of experience in accounting or finance within a company.
• Knowledge of IFRS and accounting standards required.
• Strong work ethic and integrity essential.

Responsibilities

• Payment processing for suppliers and managing overdue invoices.
• Accurate invoicing and follow-up on customer payments.
• Support project financial analysis and ensure compliance.

Skills

Knowledge of IFRS and accounting principles

Effective communication skills

Accountability

Problem-solving

Teamwork

Deadline orientation

Organizational skills

Education

Finance-related Degree

Tools

SAP

Advanced Excel

Word

PowerPoint

Outlook

GSuite

Job description

Job Description

Accounts Payable and Supplier Management:

MAIN RESPONSIBILITIES: (But not limited to)

• PAYMENT OF SUPPLIERS: FOREIGN AND LOCAL
• Supplier invoice verification and posting (3 way matching, tax invoice compliance)
• Reconciliations of supplier accounts in relation to the statement
• Resolve queries and discrepancies (with Suppliers & Procurement)
• Prepare payments as per the payment policy (Ensure all Documents signed as per the DOA, GIT, Insurance, CAPEX)
• Liaise closely with Procurement team to manage overdue invoices
• GRIR clearing and communicating to the respective people to resolve queries
• Building and maintaining a strong relationship with suppliers
• ICART (accounts receivable): Responsible for the monthly accurate & on-time updating and reporting of ICART for receivables & revenue. On time queries to intercompany counterparts to ensure accurate reporting and recording. Raise provisions accordingly.
• Compile and investigate creditors' age analysis
• Ensure compliance to rigid weekly and monthly deadlines
• Maintain an efficient filing system for audit purposes (External auditors, SARS, Imports Undertaking, etc)
• Balance Sheet Reconciliations

Accounts Receivable and Credit Management

• On-time and accurate invoicing of customers
• On-time and accurate preparation and distribution of customer statements
• Follow-up on payments from customers
• Reconcile and post cash receipts
• Active involvement in credit management
• Recording and releasing of customer down payments received
• Distribution of internal and group reports
• Lead finance-related dispute investigations and resolution
• Complete bi-weekly Cash Collection Reports and distribute accordingly
• Participate actively in Cash Collection meetings
• Ensure the validity of all customer details and credit notes before posting on SAP
• Report bad debts and bad payers timely to the Finance Controller
• Monthly reporting of Receivables to the Group
• Calculate and report monthly DSO on Scientrix
• Review and analyze customer credit status
• Maintain an efficient filing system for debtors' documents
• Ensure timely invoicing of all One-roof SLAs
• ICART reporting for receivables & revenue
• Balance Sheet Reconciliations
• Revenue Classification

Project Controlling

• Support the Finance Controller actively
• New Aircrafts Completions & MRO Projects
• Issue commercial invoices for down payments
• Track down payment schedules and update contract booking sheets
• Ensure accurate & timely invoicing at delivery
• Assist with monthly project status analysis (revenue, cost, provisions, savings, over expenditure, % of completion, GM%)
• Track and ensure project delivery aligns with contractual commitments
• Communicate corrections or provision postings to the accounting team
• Track project cash flows: payments received vs made
• Hold alignment meetings with project managers to review financial status before presenting to EXCO
• Raise alerts on overspending or potential losses
• Ensure accurate monthly margins in line with policies
• Analyze monthly results and query deviations
• Report deviations and corrections to accounting
• Track invoicing vs costs monthly
• Ensure gross margins are in accordance with contracts
• Handle annual cutoff procedures and communicate entries to accounting
• Monthly analysis of aircraft, spares, MRO, and training margins for group reporting
• Participate in the annual financial audit, preparing documentation and responding to queries

General

• Build and maintain strong stakeholder relationships
• Assist the business in responding agilely to challenges
• Negotiate with internal and external stakeholders on financial issues
• Adhere to 4-eyes principles: SOD, journals & balance sheet
• Ensure full compliance with Airbus Group directives and internal procedures
• Clean up debtor and creditor details in SAP
• Maintain compliance with FIRS
• Regularly review and update processes and procedures

Skills, Experience, Competencies, and Qualifications

• Knowledge of IFRS and accounting principles
• Effective communication skills
• Accountability, problem-solving, teamwork, and deadline orientation
• Proactive with sound judgment and organizational skills
• Strong work ethic and integrity

Computer Literacy Skills

• Advanced Excel, Word, PowerPoint, Outlook; GSuite; SAP (non-negotiable)

Qualifications & Experience

• Finance-related Degree
• At least 4 years of experience in accounting or finance within a company
• Knowledge of IFRS and accounting standards

The role requires awareness of compliance risks and acting with integrity. Airbus promotes diversity and equal opportunities. We do not ask for monetary payments during recruitment. For concerns about impersonation, contact [e-mail]. We support flexible working arrangements to foster innovation.