Cost Management Accountant

SUMMARY:
An industry leader in the mining sector which is based in the North West Province and within the Orkney area, is recruiting for a Cost Management Accountant

POSITION INFO:

Purpose:

• This role incumbent is responsible for controlling the Management Accounting and related administration for the business unit in support of the senior finance manager:
• Determining the financial strategy for the mine in cooperation with the company financial discipline.
• Determining the optimized financial strategy that maximizes the business plan by achieving budgets.
• Identify critical financial opportunities and risks within the business plan e.g., margin squeeze and facilitate the compilation of intervention strategies.
• Embrace asset sweating and efficiency improvements.

Experience

• The successful incumbent must possess at least 5 years mining’ experience in terms of performing the functions and responsibilities of Cost Management Accountant.

Formal qualifications

• BCom/ Btech /Diploma Cost and Management Accounting
• CIMA or studying towards CIMA will be advantageous
• Grade 12 Numeracy and Literacy
• Valid driver’s licence code 08
• Conversant with the full Microsoft Office Package and specifically advanced excel skills
• Moderate Financial Modelling skills
• Accounting ERP system understanding

Inherent requirements and skills applicable to this vacancy

• Excellent communication skills (written and oral)
• Report writing
• Problem solving skills
• Planning and Organising
• Ethical judgment
• Team Player
• Assertive and confident.
• Business Acumen.
• Leadership .

Responsibilities

Management accounting and Reporting to identify negative trends for action and enable business decisions based on substantiated financial information.

• Ensure systems and procedures in place to enable mines to maintain cost within given budget parameters.
• Trends analysis and benchmarking on free cash flow, cost profile identify areas for attention and improvement. 
• Advise on financial implications of business decisions. 
• Monthly Management Accounting Reports and Presentations
• Manage preparation and distribution of Management reports.
• Daily Cost Variances reports Presentations.
• Benchmarking Reports (Cost centers and Mine to Mine)
• Exception reports (Budget VS Actual vs Flexible Budget)
• Information sharing at Management meetings.
• Mine Budgets preparation
• Cost centre budget management
• Stores issue allocations to cost centres
• Initiate cost saving and business improvement opportunities
• Maintain accurate shaft costs
• Enforcing internal controls and ensuring adherence thereto
• Maintain cost per ton /Kgs compare to Gold prices to show profitability margins
• Audit and corporate governance
• Contractor management
• Effective administration and control
• Support the overall financial management of the Company

Preference will be given to candidates from the designated groups, with specific mention of the female constituency.

Applicants who fulfil the abovementioned requirements are invited to apply for the position by following the link and registering your application on-line and by submitting an electronic application

--------Please upload your CV here-------->

Applications which are done by means of email or fax will not be considered. For more information, an email may be sent to Chantiny@------

Closing Date 3 May 2021, the advertisement will however remain live.

NB! This job is now closed. You can apply for other jobs by uploading your CV.