Senior Finance Manager (Ca)

Ikwezi Mining; Gauteng; On-site; ZAR 600 000 - 1 000 000; Full time

Job summary

An established industry player is seeking a Senior Finance Manager to lead financial management and reporting. This role involves implementing accounting systems, overseeing the accounting team, and ensuring compliance with regulations. The ideal candidate will have substantial experience in financial accounting, particularly in the mining sector, and will be responsible for preparing timely financial statements, managing audits, and conducting financial analyses. This position offers an opportunity to make a significant impact on the financial health of the organization while working in a collaborative environment that values accuracy and integrity.

Qualifications

• 7-10 years of financial accounting experience required.
• Strong knowledge of IFRS, SARS & SARB regulations essential.

Responsibilities

• Oversee financial management and ensure accuracy in reporting.
• Lead month-end and year-end close processes and audits.

Skills

Financial Reporting

Analytical Skills

Problem-Solving Skills

Communication Skills

Interpersonal Abilities

Education

Chartered Accountant Registration

Tools

Accounting Software

Microsoft Excel

Job description

As a Senior Finance Manager, you will oversee various aspects of financial management and ensure accuracy in reporting.

Key Responsibilities:

1. General: Implement accounting systems and processes for the organisation. Oversee the duties and performance of the accounting team. Detect and prevent financial frauds that may arise. Liaise with auditors and other stakeholders.
2. Financial Reporting: Prepare and analyze accurate and timely financial statements in accordance with accounting principles. Prepare and present monthly management accounts which include income statement, balance sheet, cash flow, and ratio analysis. Ensure compliance with relevant regulations and reporting standards.
3. 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.
4. General Ledger Management: Maintain and reconcile general ledger accounts, ensuring accuracy and completeness. Investigate and resolve discrepancies or variances in financial records.
5. 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.
6. Financial Analysis: Conduct financial analyses to identify trends, variances, and opportunities for improvement. Provide insights and recommendations to management based on financial data.
7. 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.
8. 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.
9. 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.
10. Financial Systems Maintenance: Oversee the maintenance and integrity of financial systems and databases. Collaborate with IT and other departments for system enhancements or upgrades.
11. 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:

1. Registered as a Chartered Accountant.
2. 7 to 10 years post-article experience in financial accounting.
3. Mining experience will be preferred.
4. Good understanding of IFRS, SARS & SARB Regulations.
5. Substantial experience in accounting roles, with a focus on financial reporting and analysis.
6. Proficiency in accounting software and Microsoft Excel.
7. Strong understanding of accounting principles and financial regulations.
8. Excellent analytical and problem-solving skills.
9. Effective communication and interpersonal abilities.
10. Detail-oriented with a high level of accuracy.