Group Financial Accountant

Ivanhoe Mines; Gauteng; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A leading mining company in South Africa is seeking a Group Financial Accountant to manage project accounting and financial reporting. This role requires a Chartered Accountant with a minimum of 2 years' experience, preferably in the mining sector. Responsibilities include group consolidations, budget preparation, and external reporting. Candidates should exhibit advanced skills in multi-currency consolidations and financial analysis. An equal opportunity employer committed to diversity.

Qualifications

• Minimum 2 years post-qualification experience.
• Experience with complex accounting in mining.
• Advanced skills in consolidations and budgeting.

Responsibilities

• Conduct group and joint-venture consolidations.
• Assist with budgeting and financial analysis.
• Prepare tax documentation for compliance.

Skills

Chartered Accountant (South Africa)

Experience within the mining industry

Complex accounting treatment

Budgeting process

Treasury administration

Consolidations preparation

Education

Post-qualification experience

Job description

Company Overview

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 projects in Southern Africa, including the 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 DRC, and exploration on the Western Foreland near Kamoa‑Kakula.

Role Overview

The Group Financial Accountant is a key junior management role within the Finance Department, responsible for all aspects of project accounting on a standalone and consolidated basis. The role involves all aspects of Group Financial Reporting, Financial Planning and Analysis, and Tax, rotating between these departments on a periodic basis. Output will be included in published external reporting, as well as reports presented to executive management and the Board of Directors. Key focus areas include consolidations and financial reporting, budget preparation and monitoring, treasury management, financial modelling and tax.

Responsibilities

• Group and joint‑venture consolidations, accounting and reporting to external shareholders on a monthly, quarterly and annual basis.
• Project accounting and reporting for inclusion in group consolidated results published externally on a monthly, quarterly and annual basis.
• Assist with the financial planning and analysis process, preparing budget workbook templates and consolidating budgets from various budget holders.
• Interrogate the accuracy of budgetary information prepared by other departments.
• Analyse and track budgeted costs against actual costs.
• Prepare and submit periodic facilities compliance requirements for Group companies.
• Contribute to the preparation of internal and external reports such as Group Financial Statements, CFO reports and Management's Discussion and Analysis.
• Review and monitor financial reporting packs prepared by finance departments across the Group.
• Prepare complex accounting for unique financial transactions that arise during project operations and communicate such accounting to relevant departments.
• Prepare tax calculations and tax returns for South African subsidiaries, and review tax calculations and returns for companies in other jurisdictions.
• Monitor work performed by other junior members within the department.
• Communicate with external stakeholders such as accounting service companies in Barbados and Luxembourg.
• Maintain signatories and access to accounts.
• Help with due‑diligence requests, collating required supporting information for new business opportunities, M&A and group‑wide financing transactions.
• Submit all work in a timely manner to prevent adverse consequences for the listed company due to non‑compliance with external stakeholder requirements.

Qualifications

• Chartered Accountant (South Africa) with a minimum of 2‑year post‑qualification experience.
• Experience within the mining industry.
• Experience with complex accounting treatment of financing transactions and the treatment of pre‑production mining costs and deferred revenue.
• Experience in accounting for revenue in the mining industry and remeasurement of contract receivables.
• Experience in the budgeting process.
• Experience in the treasury administration process.
• Advanced skills and knowledge in consolidations preparation within a multi‑currency, multi‑jurisdictional environment.
• Preparation of reports that are externally published and provided to a multi‑faced stakeholder base.
• Forecasting and budgeting for mining companies not yet in an advanced stage of production.

Key Performance Activities

• Operate on a rotational basis between Financial Reporting, FP&A and Tax.
• Conduct group and joint‑venture consolidations and reporting to external shareholders.
• Assist with budgeting and variance analysis.
• Prepare compliance and tax documentation.
• Provide timely reporting and communication to stakeholders.

Application Process

When applying, please submit a PDF version of your CV together with certified copies (certified within a 3‑month period) of your ID / passport, driver’s licence and qualifications.

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

Equal Employment Opportunity Statement

As an equal employment opportunity employer, we strive to have a workforce that reflects people of all backgrounds, identities and experiences.