Finance Manager

Ikwezi Mining (Pty) Ltd; Gauteng; On-site; ZAR 600,000 - 800,000; Full time

Job summary

A leading mining company is seeking a Financial Manager to oversee financial operations and ensure compliance with regulations. The role involves financial reporting, managing a team of accountants, and collaborating with cross-functional teams. Candidates should be Chartered Accountants or hold an Honours Degree with substantial accounting experience, preferably in mining. Strong analytical and communication skills are essential for success in this position.

Qualifications

• 5-6 years of work experience in accounting roles.
• Mining experience is advantageous.
• Good understanding of IFRS, SARS & SARB Regulations.

Responsibilities

• Implement accounting systems and oversee the performance of accounting team.
• Prepare and present monthly management accounts.
• Lead month-end and year-end close processes.

Skills

Analytical skills

Problem-solving skills

Effective communication

Interpersonal abilities

Education

Chartered Accountant preferred

Honours Degree in Finance

Tools

Accounting software

Microsoft Excel

Job description

Key Responsibilities : General : Implement accounting systems and processes for the organisationOverseeing the duties and performance of accounting teamDetect and prevent financial frauds that may ariseLaise with auditors and other stake holdersFinancial Reporting : Prepare and analyze accurate and timely financial statements in accordance with accounting principles.Prepare and present monthly management accounts which includes income statement, balance sheet, cash flow and ration analysis.Ensure compliance with relevant regulations and reporting standards.

Month-End and Year-End Close : Lead the month-end and year-end close processes, including reconciliation of accounts and preparation of adjusting journal entries.Collaborate with cross-functional teams to gather necessary financial data.

General Ledger Management : Maintain and reconcile general ledger accounts, ensuring accuracy and completenessInvestigate and resolve discrepancies or variances in financial records.

Budgeting and Forecasting : Contribute to the budgeting and forecasting processes by providing accurate financial data and analysis.Assist in monitoring actual performance against budgeted figures.

Financial Analysis : Conduct financial analyses to identify trends, variances, and opportunities for improvement.Provide insights and recommendations to management based on financial data.

Audit Support : Support internal and external audit processes by preparing audit schedules, providing necessary documentation, and addressing auditor inquiries.Implement audit recommendations to enhance internal controls.

Tax Compliance : Assist in the preparation of tax returns and ensure compliance with tax regulations.Collaborate with tax professionals to address tax-related inquiries and support tax planning.Fixed Assets Management : Manage the accounting for fixed assets, including capitalization, depreciation, and disposal.Ensure accurate and up-to-date records of fixed asset transactions.Review the accuracy of wear and tear schedule / Financial Systems Maintenance : Oversee the maintenance and integrity of financial systems and databases.Collaborate with IT and other departments for system enhancements or upgrades.

Team Leadership and Training : Provide guidance and mentorship to accountants and ensure timely work execution.Conduct training sessions on accounting processes and procedures Minimum requirements : Chartered Accountant would be preferred with 5-6 years of work experience.

Or Financial Manager with Honours Degree and 6 years+ experienceMining experience would be an advantageGood understanding of IFRS, SARS & SARB Regulations.Substantial experience in accounting roles, with a focus on financial reporting and analysisProficiency in accounting software and Microsoft ExcelStrong understanding of accounting principles and financial regulationsExcellent analytical and problem-solving skillsEffective communication and interpersonal abilitiesDetail-oriented with a high level of accuracy