Finance
Business Controller
Sandvik Mining and Rock Solutions is a global leading supplier in equipment and tools, parts, service and technical solutions for the mining and infrastructure industries. Applications include rock drilling, rock cutting, loading and hauling, tunneling and quarrying. The focus lies on bringing value to customers through high-performing products that increase productivity and safety as well as to provide services and flexible maintenance programs that extend uptime and cut costs.
The Role:
Responsible for monitoring, measuring and analyzing business activities and operating results from both a financial and operational perspective, within a specific customer segment, identifying improvement areas and implementing appropriate action plans which align to business objectives, with a focus on containing costs and enhancing profitability. Responsible to drive continuous improvements.
Key Requirements:
COST EFFECTIVENESS
- Ensure Net Working Capital is effectively managed.
- Analyze financial information
- Identify improvement areas
- Develop action plan
- Execute agreed actions plans
- Report on improvements resulting from action plans
- Develop & execute strategies to improve Networking Capital
EFFECTIVE CONTROL MEASURES
- Ensure that risk to Sandvik Mining and Rock Technology is contained through putting controls in place and monitoring and correcting deviations
- Act as a business partner and advisor to the business line manager
- Perform profitability analysis (business cases) before any new contracts/contract amendments are entered into thereby ensuring appropriate business opportunities are targeted and pursued, and limiting the risk to Sandvik Mining and Rock Technology of marginal/unprofitable business / business impact analysis
- Make recommendations
- Accountable for and measured on monthly balance sheet and P&L for customer segment
- Produce timely and accurate management reports
EFFECTIVE BUDGET
- Ensure that costs are controlled and that deviations from budget are investigated and rectified
- variance analysis, identify issues, develop solutions
- Take remedial action (e.g. alignment of headcount with business demands)
- Responsible for budgeting and forecasting
PROJECT MANAGEMENT
- Manage projects which cut across business areas (e.g. Accounts receivable, service exchange)
- Engage with both the business & customers
- Analyse data
- Develop solutions/action plans for implementation (operational and/or financial)
Your Profile:
- Grade 12 / Equivalent qualification
- BCOM Honours Degree in Finance CIMA (ACMA status)
- 5+ years post-qualification experience with:
- Experience in setting up internal control policies and procedures
- Experience in managing inventory systems, budgets, and forecasts
- Advanced Computer literacy
How to apply
Please apply online through Workday (ESS) or access the Sandvik website www.home.sandvik/en/careers
Applications close: 29 July 2024
Please note that, in Line with our EE Plan, HDSA (Historically disadvantaged South African) candidates will be given first preference.
Please note that should you not receive any response from us within 14 days, your application has been unsuccessful; we however thank you for your interest in our company.
We offer an interesting role in an international business environment as well as opportunities for professional development. At Sandvik, we believe that diversity of experience, perspective and background will lead to a better environment for our employees, our business and, thereby, our customers.