Management Accountant (Ref - FIN-2616)

Ivanhoe; Limpopo; On-site; ZAR 1,800,000 - 3,000,000; Full time

Job summary

IVANPLATS (Pty) Ltd, a subsidiary of Ivanhoe Mines, invites suitably qualified candidates to apply for a Senior Management Accountant role to drive strategic financial planning, budgeting and cost control for the Limpopo project.

The successful candidate will lead monthly reporting, variance analysis, KPI reporting and governance across operations, partnering with Operations, Engineering and Supply Chain to optimise value and financial performance.

Qualifications

• Chartered Accountant (CA(SA)) qualification is essential.
• 10 years' experience in Management Accounting, FP&A and Cost Accounting.
• Cost management and operational finance expertise.
• Budgeting, forecasting, and financial planning.
• Financial analysis and performance reporting.
• Strategic thinking and problem-solving.
• High level of analytical capability and attention to detail.
• Strong communication and presentation skills.
• Leadership and people development.

Responsibilities

• Partner with Operations to support financial performance and business objectives.
• Provide financial insights to support operational and commercial decisions.
• Identify opportunities to improve financial performance, cost efficiency and effectiveness.
• Lead annual budgeting using zero-based budgeting principles for operations.
• Develop and maintain monthly forecasts and monitor budget performance.
• Ensure alignment between operational targets and financial commitments.
• Manage and review open purchase orders within forecasts and reporting.
• Deliver monthly management reports and KPI analyses.
• Monitor inventory consumption and cost drivers; report trends.
• Ensure strong governance, controls and compliance across operations.
• Foster stakeholder relationships with Operations, Engineering, Supply Chain, HR, and Tech Services.
• Lead, mentor and develop the management accounting team.

Skills

Financial planning & Analysis (FP&A)

Cost management

Budgeting & forecasting

Financial reporting

Strategic thinking

Problem solving

Communication & presentation

Leadership & people development

Education

Grade 12 / Matric

CA(SA) qualification

Job description

IVANPLATS (Pty) Ltd, a subsidiary of Ivanhoe Mines, is advancing the development of its world-class palladium-rhodium-nickel-copper-gold project in the Limpopo Province near Mokopane. This unique mineral deposit will be exploited using large mechanised state-of-the-art underground mining methods, deploying the latest technology to develop this “mine of the future”. Suitably qualified and experienced candidates are invited to apply for the following vacancies required for the project development.

Suitable candidates must possess the following minimum qualifications and skills

• Grade 12 / Matric.
• Chartered Accountant (CA(SA)) qualification is essential
• 10 years' experience in Management Accounting, Financial Planning & Analysis (FP&A), Cost Accounting.
• Cost management and operational finance expertise.
• Budgeting, forecasting, and financial planning.
• Financial analysis and performance reporting.
• Strategic thinking and problem-solving.
• High level of analytical capability and attention to detail.
• Strong communication and presentation skills.
• Leadership and people development.

Suitable candidates must have the following work experience

• Minimum 5 years' experience in a senior Management Accountant, Finance Manager, Operational Finance, or similar leadership role.
• Proven responsibility for annual budgeting & rolling forecasts
• Extensive experience in cost management, cost analysis, cost allocation methodologies, and operational expenditure control
• Strong exposure to month-end reporting processes including variance analysis reporting. Financial controls, and management reporting cycles
• Experience leading, coaching, and developing team members reporting into this role

The successful candidate will be responsible for, but not be limited to

Strategic Financial Support

• Partner with operational management teams to support financial performance and business objectives.
• Provide financial insights and recommendations to support operational and commercial decision-making.
• Identify opportunities to improve financial performance, cost efficiency, and operational effectiveness.

Budgeting, Forecasting & Financial Planning

• Lead the annual budgeting process based on zero budgeting principle for operations and support functions.
• Develop and maintain monthly forecasts
• Monitor budget performance and provide proactive recommendations to address risks and opportunities.
• Ensure alignment between operational targets and financial commitments.
• Manage and review open purchase order commitments as part of the monthly forecasting process.
• Ensure commitment reporting is accurately reflected in financial forecasts and management reports.

Cost Management & Operational Performance

• Monitor, analyse, and report on production, maintenance, engineering, labour, contractor, and support service costs.
• Identify cost-saving opportunities and support initiatives aimed at improving operational efficiency.
• Analyse key cost drivers and operational performance indicators.
• Ensure accurate cost allocation and expenditure reporting across departments and cost centres.
• Monitor expenditure trends and ensure compliance with approved budgets.

Management Reporting & Performance Analysis

• Prepare and deliver accurate, timely, and insightful monthly management reports.
• Perform detailed variance analysis against budget, forecast, and prior-period performance.
• Develop and maintain KPI reporting
• Prepare clear financial presentations and reports for operational and senior management teams.
• Support month-end reporting processes and ensure the integrity of financial information.

Inventory Consumption Reporting

• Monitor and report inventory and consumable usage against approved budgets and operational plans.
• Identify drivers of inventory consumption variances and communicate findings to management.
• Provide monthly reporting and commentary on inventory-related expenditure and consumption trends.
• Support operational departments in understanding inventory consumption performance and cost impacts.

Governance, Controls & Compliance

• Maintain a strong financial control environment across operations.
• Support internal and external audit processes and implement agreed actions.
• Identify financial risks and recommend effective mitigation measures.
• Ensure the accuracy, completeness, and integrity of financial information and reporting.

Stakeholder Management

• Build effective working relationships with Operations, Engineering, Supply Chain, Human Resources, and Technical Services teams.
• Support operational managers in understanding financial performance and achieving budget targets.
• Facilitate financial awareness and cost ownership across the operation.

Continuous Improvement

• Identify opportunities to improve reporting efficiency, data quality, and process effectiveness.
• Enhance reporting tools, dashboards, and business intelligence capabilities.
• Promote data-driven decision-making throughout the operation.
• Implement best practices to strengthen financial planning and reporting processes.

Leadership & Team Development

• Lead, mentor, and develop members of the management accounting team.
• Foster a culture of accountability, collaboration, and continuous improvement.
• Conduct performance reviews and support employee development initiatives.
• Ensure appropriate technical and professional development within the team.

What This Role Offers

• Strategic role with significant exposure to senior leadership teams
• Lead the budgeting, forecasting, cost management, and performance reporting processes for a complex environment
• Partner closely with operational leadership and directly influence business performance through insightful financial analysis and decision support
• Build a long-term career within a growing international mining group committed to innovation and sustainable value creation

Preference will be given to Historically Disadvantaged South Africans (HDSA) from local communities surrounding Ivanplats Platreef mine. Applications are only open to South African Citizens and Permanent RSA Residents.

Should you not hear from the Company within 14 days of the closing date, you should assume that your application has not been successful.