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A leading company in the mining sector is seeking a Group Finance Manager specializing in Financial Reporting & ESG. This role involves managing capital asset programs, budgeting, and sustainability reporting. The ideal candidate will possess strong technical expertise in IFRS and excel in financial analysis and team collaboration.
This role demands strong technical mastery of IAS 16 and IAS 12 and practical experience in mining refurbishment projects and sustainability accounting.Key ResponsibilitiesCapital Asset Program Oversight & Administration- Develop and maintain the organisation's capital asset program : policies, procedures, governance, and tagging protocols.- Perform periodic audits of capital assets, physically tag assets for tracking, and assign proper acquisition values.- Evaluate potential capital expenditures for practicality and profitability.Budgeting and Forecasting- Prepare the annual on-mine capital expenditure budget plan and all Capital Fund Applications.- Ensure Capital Fund Applications comply with standards and delegation of authority for submission.- Process on-mine Capital Fund Applications for timely approval in Sage .- Compile and consolidate the CAPEX business plan and budget cycle in support of the Long-Term Plan (LTP).CAPEX Meetings & Project Cash Flow- Coordinate and participate in monthly CAPEX meetings and reviews.- Monitor capital cash flow and expenditure; advise Project Managers on budget variances.- Produce monthly CAPEX forecasts and post-implementation reviews to required standards.- Complete project vote closures and advise stakeholders on approved capital budgets.Fixed Asset Register & Asset Tracking- Maintain an accurate, up-to-date fixed asset register (tangible & intangible).- Coordinate physical verification of assets and capture relevant capital budgets into SAP for five-year planning.- Determine acquisition costs, useful lives, residual values, and depreciation methods per IAS 16.- Maintain depreciation and amortisation schedules; update for impairments, revaluations, and disposals.- Perform monthly capitalisation of projects according to required accounting standards.- Statutory compliance and application of the respective accounting standardsLead accounting for major refurbishment / overhaul projects : distinguish capital vs. maintenance, assess capitalisation thresholds, and track project delivery within budget and timeline.- Ensure Capital Fund Applications comply with standards for submission- Process all on-mine Capital Fund Applications for timely approval- Coordinate and participate in monthly CAPEX meetings and reviews- Monitor capital cash flow and expenditure and advise Project Managers accordingly- Monthly CAPEX forecast compiled to the required standard- Timely and accurate completion of post-implementation reviews- Project vote closures completed to the required standard- Relevant stakeholders advised on approved capital budgets- Capital applications of funds aligned to approved budgets- Monthly capitalisation of projects according to the required standards- Ensure Fixed Asset Register correctness and maintenance, coordinate physical verification of assets- Coordinate the capturing of relevant capital budgets onto the Sage system in support of the five-year budget planning, cash flows, and forecasts- Ensure compliance with Capital Expenditure policies and procedures, delegation of authority, and procurement policies and procedures- Actively participate and contribute to the larger Finance and Information Management team in developing and achieving its strategyIncome Tax Accounting (IAS 12)- Calculate deferred tax on PPE movements, including timing differences between tax allowances and accounting depreciation.- Prepare tax provision calculations and liaise with the Tax team on refurbishment incentives and SARS compliance.Account Reconciliations & Financial Records- Reconcile fixed-asset sub-ledger to the general ledger monthly.- Record and reconcile ESCROW accounts and other financial instruments related to CAPEX, ensuring proper accounting treatment, classification, and disclosure.- Ensure accuracy of all financial records : journals for capitalization, depreciation, impairments, disposals, and tax.Audits & Reporting- Perform regular internal audits of capex transactions, fixed-asset balances, and ESG data controls.- Drive quarterly and year-end reporting on capital expenditure, project status, asset health, and assurance schedules.ESG Data Collection & Disclosure- Measure, analyse, and report ESG metrics (e.g., GHG emissions, energy consumption, water usage, rehabilitation spend) beyond traditional financial reporting.- Support the preparation of Sustainability / Integrated Report disclosures, embedding controls aligned with GRI, SASB, TCFD, and JSE guidelinespliance & Controls- Ensure all capital accounting and ESG reporting comply with IFRS (IAS 16, IAS 12) and local regulations.- Enforce adherence to Capital Expenditure policies, procurement procedures, and statutory standards.Process Improvement & Systems- Identify automation opportunities for depreciation, capex reporting, and ESG data flows.- Partner with IT / ERP teams to optimise fixed-asset, CAPEX, and sustainability modules in Sage .Team Contribution- Actively participate in the Finance and Information Management team to develop and achieve strategic financial, sustainability, and asset management objectives.Qualifications & Experience
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