Financial Manager

Ivanhoe; Gauteng; On-site; ZAR 700,000 - 900,000; Full time

Job summary

A leading mining company based in Johannesburg is seeking a Financial Manager to oversee financial reporting, budgeting, and team leadership in a dynamic environment. The ideal candidate will have a CA(SA) qualification, extensive experience in the mining industry, and strong analytical skills. Join us in driving the company's financial success and compliance with tax regulations.

Qualifications

• Proven experience as a financial manager in the mining industry
• Minimum 7 years of post-qualifying experience
• Previous experience in a commodity marketing or trading operation a distinct advantage
• Strong understanding of IFRS

Responsibilities

• Oversee the preparation of monthly reporting in the ERP system
• Monitor financial performance and support commercial decision making
• Lead the annual budgeting process
• Manage payments of suppliers in line with credit terms
• Oversee bank relationships and foreign exchange management
• Lead, mentor, and develop a team of finance professionals

Skills

Dynamic self-starter

Strategic mindset with strong analytical and commercial acumen

Excellent communication and interpersonal skills

High level of integrity, professionalism, and accountability

Strong leadership and project management capabilities

Excellent attention to detail

Education

CA(SA)

Tools

ERP systems

Job description

IVANHOE MINES is looking for a Financial Manager based in Johannesburg

Ivanhoe Mines is a leading Canadian mining company committed to becoming a global leader in the supply of critical resources required to transition our world to a low-carbon, renewable future. Ivanhoe is focused on developing and expanding its four principal mining and exploration projectsin Southern Africa. The development ofthe Kamoa-Kakula copper mining complex in the Democratic Republic of Congo(DRC), the Platreef palladium-rhodium-platinum-nickel-copper-gold discovery in South Africa,the extensive redevelopment and upgrading of the historic Kipushi zinc-copper-germanium-silver mine, also in the Democratic Republic of Congo and exploration on the Western Foreland, near Kamoa-Kakula.

Play your part in our teamsucceeding...

Ivanhoe Marketing is the commodity marketing, sales and logistics function of the Ivanhoe Mines Group. We are currently recruiting for a commercially astute Financial Manager who will play a critical leadership role in the department.

Operating in the dynamic and complex environment of commodity marketing and logistics, the Financial Manager is responsible for delivering high-quality financial insights and direction, and supporting commercial decision-making, all whilst ensuring robust financial reporting and compliance with relevant financial and tax regulations.

This role will form part of the Ivanhoe Marketing team.

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.

You will have the following:

• CA(SA)
• Proven experience as a financial manager in the mining industry
• Minimum 7 years of post-qualifying experience
• Previous experience in a commodity marketing or trading operation a distinct advantage
• Strong understanding of IFRS.
  

Personal Competencies should include:

• Dynamic self-starter
• Strategic mindset with strong analytical and commercial acumen
• Excellent communication and interpersonal skills
• Ability to thrive in a fast-paced, high-pressure, and evolving environment
• High level of integrity, professionalism, and accountability
• Strong leadership and project management capabilities
• Excellent attention to detail.
  

Your Key Performance Activities will include but not limited to:

Process:

1. Financial Reporting

• Oversee the preparation of monthly reporting in the ERP system
• Ensure accuracy and integrity of the general ledger and sub-ledgers
• Oversee quarterly reporting to the Group in compliance with IFRS
• Implement and maintain strong internal controls and accounting policies
• Review the annual financial statements as prepared under IFRS
• Prepare board-level financial reports and management commentaries.

1. Financial Management

• Monitor financial performance and support commercial decision making
• Track logistics and overhead costs and provide actionable insights for cost efficiencies
• Lead working capital optimisation initiatives, focusing on cash flow, accounts receivable, payables, and inventory
• Develop and maintain financial models to support decision-making and scenario analysis
• Prepare the monthly performance review report.

1. Budgeting and Forecasting

• Lead the annual budgeting process which includes collaboration with department heads to gather inputs
• Analyse variances between budget and actual performance, and recommend corrective actions.

1. Sales and Accounts Receivable

• Oversee the sales invoicing process in line with commercial contracts
• Ensure outstanding accounts receivable balances are collected on time.

1. Accounts Payable

• Ensure appropriate controls are in place over accounts payable
• Manage payments of suppliers in line with credit terms.

1. Inventory Management

• Financial oversight of inventory, including valuation, reconciliation, and obsolescence provisions
• Coordinate with operations and logistics to ensure accurate inventory tracking and cost allocation
• Potential involvement in annual stock takes.

1. Treasury and Cash Flow Management

• Manage weekly cash flow forecasting
• Oversee bank relationships and foreign exchange management
• Manage debt facilities including compliance with covenants.

1. Taxation and Compliance

• Ensure compliance with all corporate, VAT, and withholding tax regulations across jurisdictions
• Review tax returns and manage tax audits and correspondence with authorities.

1. Audit and Governance

• Act as the primary point of contact for external auditors, ensuring timely and effective audit processes
• Coordinate internal audits and implement agreed-upon recommendations
• Maintain risk management and governance frameworks in line with industry best practices.

1. Team Leadership and Development

• Lead, mentor, and develop a team of finance professionals
• Allocate responsibilities and monitor performance against KPIs and goals
• Foster a culture of accountability, continuous improvement, and professional development within the finance team.

The finer details:

When applying, please submit a PDF version of your CV together with certified copies (certification within a 3-month period) of your ID/passport, drivers license and qualifications.

Should you not hear from us within 30 days of the closing date please consider your application unsuccessful.