Corporate Finance Manager

Thungela; South Africa; On-site; ZAR 900 000 - 1 200 000; Full time

Job summary

A leading South African coal company is seeking a Corporate Finance Manager to lead financial due diligence and M&A activities. The role involves developing financial models, assessing the financial health of transactions, and ensuring governance compliance. The ideal candidate has at least 8 years of experience in the mining industry, holds a relevant degree, and has a strong background in financial governance and stakeholder management.

Benefits

Competitive salary

Opportunity for learning and growth

Leadership programs

Qualifications

• Minimum 8 years' experience in Corporate Finance Environment within the mining industry.
• Proven experience leading financial due diligence for M&A.
• Ability to manage stakeholder engagements and drive business development.

Responsibilities

• Lead financial due diligence for acquisitions and investments.
• Develop and maintain detailed financial models.
• Provide financial insights during negotiations and deal structuring.
• Collaborate with teams for integrated deal execution.
• Implement governance frameworks for investment decision-making.

Skills

Financial analysis

Stakeholder management

Governance compliance

Education

Bachelor's degree in Finance, Accounting or related discipline

Post-graduate qualification in Finance or Economics

Professional Registration as CA (SA)

CFA Certification

Tools

Financial modeling tools

Advanced Excel

Job description

Company Description

An exciting opportunity to join us as a Corporate Finance Manager to drive corporate finance initiatives and M&A activities by leading due diligence, financial modelling, and governance processes that support business growth, maximise shareholder value, and ensure seamless integration of acquisitions.

Finances are vital.

Thungela Resources [Thungela means "to ignite" in isiZulu] is a leading South African thermal coal business, focused exclusively on thermal coal production. It is one of the largest pure‑play producers and exporters of thermal coal in South Africa based on aggregate coal reserves and marketable coal production. Thungela focuses on exporting its thermal coal portfolio mainly to the Indian, Asian, Southeast Asian, Middle East and North African markets.

Job Description

As the Corporate Finance Manager, you will collaboratively lead comprehensive financial due diligence for M&A and investment activities.

More of your responsibilities will include:

• Direct end‑to‑end financial due diligence for potential acquisitions, assessing financial health, sustainability, and value creation opportunities.
• Analyse financial statements, forecasts, and operational performance to identify key value drivers, synergies, and risks impacting transaction outcomes.
• Develop and maintain detailed financial models, including accretion/dilution, synergy, and scenario analyses, to evaluate deal impacts.
• Provide financial expertise and insights during negotiations, deal structuring, and integration planning to optimise transaction value.
• Assess economic viability, market potential, and technology adoption risks to inform M&A and investment decisions.
• Maintain strict compliance with internal governance standards, regulatory requirements, and industry best practices throughout all due diligence activities.
• Collaborate with corporate development, legal, tax, and operational teams to integrate findings into deal strategy, valuation, and execution.
• Implement governance frameworks that integrate techno‑economic considerations into investment decision‑making.
• Maintain robust financial governance and compliance by overseeing regulatory adherence, developing accurate reporting processes, and building financial models to support strategic decision‑making.
• Drive strategic financial planning by contributing to governance frameworks, risk management practices, and capital allocation decisions that support business growth and long‑term value creation.
• Manage client engagements, drive business development, and strengthen stakeholder relationships.
• Facilitate cross‑departmental collaboration and enhance organisational communication.

Qualifications

• Bachelor's degree in Finance, Accounting, or related discipline (NQF Level 7).
• Post‑graduate qualification in Finance, Economics, or related discipline (NQF Level 8).
• Professional Registration as CA (SA) – Advantageous.
• CFA – Advantageous.

Experience

• Minimum 8 years' experience in Corporate Finance Environment within the mining industry.
• Proven experience leading financial due diligence for M&A and investment activities, including valuation modelling and risk assessment.
• Proven ability to manage stakeholder engagements, drive business development, and collaborate cross‑functionally to align financial insights with organisational strategy is essential.

Additional Information

• International Financial Reporting Standards.
• Advanced knowledge of mining and other relevant legislation applicable to Thungela.
• Advanced financial governance capabilities, with a deep understanding of regulatory compliance, reporting standards, and strategic financial planning.
• Proficient knowledge of financial best practices & standards including General Accepted Accounting Principles and International Financial Reporting Standards.
• Advanced understanding of the mining industry and value chain.
• Advanced knowledge of corporate governance and risk management.

What we offer

When you join Thungela, you can expect to enjoy a competitive salary and benefits package. But more than this, you'll find yourself in an environment where the opportunities for learning and growth are second to none. From technical training to leadership programmes, we bring out the best in our people. There are plenty of opportunities to move onwards and upwards too. We're a large, successful multinational company – and we're still growing all the time.

Who we are?

Thungela is a pure play coal mining business. Our portfolio of world‑class mining operations provides the metals and minerals that make modern life possible. We use innovative practices and the latest technologies to discover new resources and mine, process, move and market our products to our customers around the world.

Inclusion and Diversity

Thungela is an equal opportunities employer. We are committed to promoting an inclusive and diverse workplace where we value and respect every colleague for who they are and provide equality of opportunity so that everyone can fulfil their potential.

How we are committed to your safety

Nothing is more important to us than ensuring you return home safely after a day's work. To make that happen, we have the most rigorous safety standards in industry. Not only that, we're also continually investing in new technologies – from drones to data analytics – that are helping to make mining safer.

How to apply

To apply for this role, please complete our online application form. You will have the opportunity to upload your CV and other relevant documentation as part of this process.