CAPEX Accountant

Aspen Pharma Group; Gqeberha; On-site; ZAR 600 000 - 800 000; Full time

Job summary

An international pharmaceutical company in Gqeberha is seeking a professional to manage capital expenditure, track investments, and ensure compliance with accounting standards. The ideal candidate will have 3 to 5 years of experience in financial management, a strong understanding of CAPEX governance, and advanced analytical skills. Responsibilities include preparing reports and supporting projects with financial guidance. This role requires a bachelor's degree in finance or accounting and relevant professional qualifications.

Qualifications

• 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.

Responsibilities

• Review, validate, and process CAPEX requests in accordance with approved budgets.
• Perform monthly capitalisation, depreciation, and amortisation calculations.
• Prepare monthly and quarterly CAPEX and fixed asset reports for management.

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

Advanced Excel skills

Education

Bachelor's degree in Accounting, Finance or related Field

Professional qualification (CA(SA), CIMA, ACCA or equivalent)

Tools

ERP systems (e.g. SAP, Oracle)

Job 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.

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 and 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.