Business Controller - Finance: Inventory, Projects and Supply Chain

SAAB Grintek · Centurion, Gauteng

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Your role

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

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Business Controller - Finance: Inventory, Projects and Supply Chain at SAAB Grintek — Centurion, Gauteng · JobAlertsZA