Commercial Accountant

Ivanhoe Mines is a leading international mining company with business offices throughout the globe. We believe that mining, done right, with purpose, vision, and a commitment to environmental and social responsibility, will play a significant role in the world’s transition to clean energy. At Ivanhoe, we prioritize the growth, learning, and skill development of our people, empowering them to reach their full potential. With a portfolio of world-class assets, we offer a dynamic and inclusive environment that presents exceptional career opportunities.

Disclaimer - this role is not open to any third-party providers and any application received from a third-party will be considered as a direct application.

Purpose of the role:

Ivanhoe Marketing is a newly established Commodity marketing, Sales and Logistics entity within the Ivanhoe Group of Companies.

This role is primarily responsible for:

• Sales and accounts receivable
• Purchases of inventory and inventory management
• Financial and management reporting
• Budgeting and forecasting

Duties and Responsibilities:

1. Sales and accounts receivable

• Analysing large sets of sales and logistics data in the operational system and performing data validation checks
• Preparation of metal and logistics services sales invoice calculations
• Preparation of cost of sales calculations
• Preparation of sales orders, obtaining relevant approvals and generating invoices in the ERP system
• Comparing sales volumes to warehouse data and timeous liaison with logistics team on any discrepancies noted
• Preparing the sales related certificates in line with agreements
• Updating the operational system with invoice data monthly
• Verifying discrepancies and resolving customers’ billing issues
• Reconciling the debtors ageing and debtors’ ledger
• Perform monthly individual debtors’ reconciliations
• Following up on payment of invoices due
• Perform mark to market calculations and process these in the ERP system

1. Purchases of inventory and inventory management

• Analysing large sets of purchase data in the operational system and performing data validation checks
• Preparation of purchase of concentrate calculations and timeous liaison with supplier to resolve discrepancies
• Preparation of inventory purchase orders and obtaining relevant approvals
• Receipting of inventory in the ERP system
• Monthly bag level reconciliation of sales, cost of sales and inventory to general ledger
• ERP system reconciliation to the operational system
• Mark to market calculations performed and processed in the ERP system
• Attendance of inventory stock counts in Africa

1. Financial and management reporting

• Preparation of notes and inputs to the financial statements in accordance with IFRS
• Preparation of notes and inputs to the management accounts
• Prepare slides for inclusion in the monthly performance report (MPR)
• Facilitate external audits by providing necessary documentation and explanations timeously

1. Budgeting and forecasting

• Assist the Financial Manager in preparing the budget model and presentation
• Track sales, cost of sales and inventory balances in relation to budgeted amounts and provide commentary for variances

1. Other

• Payments on an ad hoc basis
• Back-fill for Financial Accountant in their absence
• Provide day-to-day business decision support on various financial and accounting topics

Experience required:

• Honours' degree in Accounting/Finance
• CA (SA) or CIMA qualification is an advantage
• 3 - 4 years’ experience in a Commercial / Management accountant or similar role
• Experience in the mining / natural resources or commodity trading industries a distinct advantage
• Proficient in Microsoft Excel, Word and PowerPoint
• Experience in ERP systems, with JDE experience considered advantageous

Personal Competencies should include:

• Dynamic self-starter
• Strong attention to detail
• Ability to work under tight deadlines with high volumes of data
• Ability to maintain a positive attitude in a constantly changing environment
• Excellent problem-solving skills and ability to work in an independent and logical manner
• Strong communication and interpersonal skills

The finer details:

When applying, please submit a PDF version of your CV. Should you be shortlisted a Representative of the Recruitment department will be in touch to set up an interview. Kindly note that prior to the interview confirmation, you will need to provide certified copies (certification within a 3-month period) of your ID/passport, driver's license and qualifications.

Should you not hear from us within 14 days of the closing date please consider your application unsuccessful.