Central IT Cost Controller

Vivo EnergyCape Town, Western Cape, South Africa

On-site Full-time

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Experience Level

Experience

Qualifications

Ideal candidates should possess a strong understanding of financial processes, excellent analytical skills, and proficiency with accounting software. A Bachelor's degree in Finance, Accounting, or a related field is preferred. Prior experience in cost control or financial management within an IT environment will be advantageous. Strong communication and interpersonal skills are essential for effective collaboration with various stakeholders.

About the job

The Central IT Cost Controller at Vivo Energy plays a key role in managing financial operations for both operating (Opex) and capital expenditure (Capex) within the IT department. This position ensures financial processes and controls are in place to support accuracy, compliance, and efficiency across Central IT. The role provides financial insights, balance sheet assurance, and strategic support to help manage Group Central Costs and strengthen financial governance.

Main Responsibilities

IT Operating Expenditure Management

Ensure IT operating expenses are accounted for accurately and in line with financial policies and accounting standards.
Monitor and analyze IT Opex against budgets, identifying and clarifying any variances.
Process financial transactions such as journal vouchers, accruals, and prepayments.
Handle cost allocations, recoveries, adjustments, and clear suspense accounts as needed.
Prepare reconciliations, address discrepancies, and resolve financial queries promptly.
Maintain detailed financial records and documentation to support controls and reduce audit findings.

IT Capital Expenditure Management

Oversee IT capital expenditures (fixed assets) in line with financial policies and standards.
Record, allocate, and process capital expenditure transactions on time.
Reconcile capital expenditure and fixed asset balances to ensure accuracy.
Monitor Capex spending against approved budgets and projects.
Prepare and submit complete and accurate quarterly Capex reports.
Maintain documentation and audit trails to support governance and minimize audit issues.

IT Balance Sheet Assurance

Prepare reconciliations for IT-related balance sheet accounts, ensuring accuracy and compliance with policies.
Investigate and resolve reconciling items, discrepancies, and aged balances to uphold financial integrity.

Location

Cape Town, Western Cape, South Africa

About Vivo Energy

Vivo Energy is a leading company in the energy sector, committed to providing high-quality fuels and lubricants to customers across Africa. With a strong focus on sustainability, innovation, and customer service, Vivo Energy is dedicated to enhancing the energy landscape in the regions it operates.

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