Senior Financial Officer (OVA5880)

Ovations Technologies · Johannesburg, Gauteng

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Job Description

  • This is a 3 – month contract with our client in the banking sector.
  • We are seeking a specialist to lead a key backlog remediation project to clear balance sheet Assets under Construction AuC, review WBS projects, establish audit controls, draft a Fixed Asset Policy, and recommend process improvements ahead of an S/4HANA implementation.

Key Responsibilities

  • Asset Accounting FI-AA: Manage asset master data, capitalization dates, and useful lives. Process acquisitions, transfers, retirements, and impairments. Validate depreciation runs and reconcile FI-AA to the General Ledger for year-end audit readiness.
  • Project Systems PS: Maintain project definitions, WBS structures, budgets, and cost allocations. Clear AuC backlogs, execute line-item settlements to fixed assets, and lead project close-outs.
  • Inventory Management MM-IM: Verify material master records and info records. Monitor goods receipts, goods issues, stock transfers, and perform inventory-to-GL reconciliations.
  • Governance & Process Improvement: Formulate a business-wide Fixed Asset Policy. Recommend high-level people and process enhancements ahead of S/4HANA implementation and deliver team training.

Minimum Requirements

  • Qualifications: Advanced Diploma / National First Degree in Accounting or related field.
  • Work Experience: Minimum 3–5 years of relevant financial management experience.
  • Technical Skills: Strong proficiency in SAP EHP8 FI-AA, PS, and MM-IM modules.
  • Compliance & Audit: Proven track record in fixed asset policy drafting, balance sheet reconciliations, and audit schedule preparation.
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