Business Controller - Finance: Inventory, Projects and Supply Chain
SAAB Grintek · Centurion, Gauteng
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Inventory Management stock and production work in progress
- Monitor and maintain accurate stock levels across all product categories
- Conduct regular physical inventory counts and reconcile with system records
- Review perpetual stock count recodes and assistance with day-to-day stock control
- Maintain and implement improved inventory control procedures and protocols
- Identify and resolve stock discrepancies through investigation and analysis
- Assist reorder points and safety stock levels to prevent stockouts and overstock situations
- Manage obsolete and slow- moving stock, calculate and process slow moving stock provisions
- Manage stock and work in progress valuations
Cost Analysis and Reporting
- Analyse and prepare detailed cost reports for products, departments and projects
- Monitor and evaluate cost variances between budgeted and actual figures
- Prepare monthly, quarterly and annual cost analysis reports for management review
- Calculate and track cost of goods sold COGS and inventory valuation
- Monthly consolidations and related reporting
- Provide cost forecasting and trend analysis to support strategic planning
- Manage all aspects of the business unit/s P&L, investigate balance sheet, interrogate figures to ensure accurate reporting
- Ensure all financial policies are adhered to
- Improve efficiencies and reducing costs across the business
Financial Controls
- Maintain accurate accounting records and ensure compliance with financial policies
- Review the General Ledger reporting of cost centres and income statement, ensure correct allocations
- Coordinate with procurement department on pricing and delivery terms
- Ensure adherence to internal controls and audit requirements
- Monthly general ledger reconciliations
- Maintaining and monitoring risks for the business related to any inventory programs inventory provisions or other income statement and balance sheet items
- Tracking and reporting on cost centre expenditure commitments vs budgets and forecasts.
- Analyse financial information needs by reviewing existing systems and working out the best way to meet those needs with the reporting system optimisation
- Conduct special investigations and feasibility studies on various projects
- Proactive approach and accountable in taking control of the Business unit financial inventory controlling & reporting
- Ensure compliance with statutory law and financial regulations
- Participate in Product Cost and Quote Process
- Ensure the Company's financial procedures and practices are according to Company and Group procedures and practices
- Internal controls and levels of authority of approvals are adhered to
- Provide all requirements for External Auditors
Operational Support
- Collaborate with procurement, production, and sales teams to optimize inventory levels
- Participate in the Product costing and Quotation process
- Assist in the development and implementation of inventory management systems
- implement management dashboards and performance metrics
- Support budget preparation and cost control initiatives
- Participate in continuous improvement projects focused on cost reduction
- Support supply chain cost centres with annual budgets, spending and analysis
- Calculation of supply chain overhead recoveries together with supply chain production manager and cost centre managers
- Assist operations and supply chain teams with Material Review Board and Engineering Change Proposal processes to fully understand the impact on inventory levels
- Inventory adjustments and write downs according to Saab process
Your profile
Required skills
- Proficiency in Microsoft Excel and ERP systems IFS or similar
- Knowledge of accounting principles and inventory financial reporting standards
- Experience with data analysis and reporting tools
- Maintain accuracy in inventory records and financial reporting
- Achieve targeted cost reduction objectives as outlined in departmental plans
- Provide timely and actionable insights to support business decisions
- Contribute to continuous improvement initiatives and process optimization
Desired characteristics
- Highly organized with strong time management capabilities
- Ability to multitask and prioritize effectively in a fast-paced environment
- Strong analytical thinking, logical reasoning and problem-solving skills
- High level of integrity and ethical conduct
- Commitment to accuracy and quality in all deliverables
- Willingness to adapt to changing business needs and priorities
- Excellent interpersonal skills, professionalism and strong work ethic
- Oral and written communications skills
Practical experience
- Minimum 3-5 years of experience in cost accounting and inventory management
- Proven experience in manufacturing or retail environment preferred
- Strong background in ERP systems and inventory management software
Competencies
- Excellent written and verbal communication abilities
- Ability to present complex financial information clearly to non-financial stakeholders
- Strong interpersonal skills for cross-functional collaboration
- Strong analytical and problem-solving abilities
- Excellent attention to detail and accuracy
Qualification
- Bachelor's degree in Accounting, Finance, Business Administration, or related field
- Professional certification preferred CIMA, or equivalent
Deadline;2nd October,2026