Fin Man: Corp Transactional Functions

Johannesburg, Gauteng, South Africa

Job Description


112 Oxford Road, Houghton Estate, Johannesburg, 2198Private Bag X 20, Rosebank, 2196, South AfricaTel: +27 (0) 11 637 6000Fax: +27 (0) 11 637 6624Website:AngloGold Ashanti (AGA), a leading global mining company, boasts a vibrant and inviting culture that beckons new individuals to join its ranks. Embracing diversity and inclusion, the company fosters an environment where every employee is valued and celebrated for their unique perspectives and contributions.Collaboration and teamwork are at the core of their culture, promoting a sense of unity and shared goals amongst employees. Additionally, AngloGold Ashanti prioritizes employee growth and development, offering ample opportunities for career advancement and professional enrichment.Joining this dynamic organization means becoming a part of a culture that champions innovation, sustainability, and a commitment to making a meaningful impact in the mining industry and the broader community.Summary/ Objective of the roleThe Financial Manager (Technical Accounting) is primarily responsible to govern group-wide technical accounting, advising senior management and relevant finance teams on accounting issues and developments as well as the delivery of certain ad hoc inputs where specialist accounting knowledge and expertise is required.The role also delivers ad hoc project execution related to accounting and reporting functions, including project management of the Annual Reporting cycle, corporate activities, M&A strategies and production of the annual Form 10K and quarterly Form 10-Q.Education & QualificationsRelevant post-graduate degree(s) in Accounting and/or Chartered Accountant, or equivalent qualification.General Knowledge & Experience

  • Approximately 10 years in the mining industry and/or associated business fields, and which should include corporate reporting / financial accounting functions.
  • Knowledge of US GAAP will be advantageous.
  • Detailed understanding of complex commercial, accounting, and financial reporting issues (IFRS).
  • Experience of working with cross-functional and geographical teams with significant senior level engagement.
  • Managing high performance teams.
Legal Requirements:
  • Clear security screening record.
  • Be declared medically fit for the position and environment, as determined by a risk-based medical examination at the relevant AngloGold Ashanti Occupational Health Centre.
Role AccountabilitiesSafety Accountabilities:
  • Ensure that all staff, contractors, and suppliers under direction follow AngloGold Ashanti's Health, Safety and Environment management systems, manuals and processes.
  • Set the health, safety and environmental expectations for your team and monitor behaviour so that it meets the required standards.
  • Participate in relevant safety audits, inspections and observations, and address issues as part of demonstrating safety leadership.
People Accountabilities:
  • Demonstrate behaviour in line with the Group's values, standards and a professional workplace.
  • Provide leadership to, and develop the performance of, the team in line with the Group's policies and systems (e.g., performance management, talent management) to achieve business goals. As part of this:
  • Develop a clear and aligned work plan for the team.
  • Foster a constructive and productive working environment.
  • Monitor the work of each team member and provide regular and useful feedback to them on how they are performing.
  • Drive delivery of objectives including holding team members to account for their work.
  • Participate as an effective team member in working collaboratively with your leader, peers and relevant others (including from other teams) to achieve business goals.
  • Monitor the activities of your team which involve other teams and appropriately intervene to address any cross-team issues.
  • Support the definition of recruiting needs and hiring for the department.
  • Ensure cohesion and common purpose by strong leadership, inspiration, and communication.
  • Contribute to the broader business by working with others in such a way that it optimises the overall business results, rather than just the teams.
Work Accountabilities:
  • Design and govern standard Group accounting policies, including accounting directives and non-GAAP reporting.
  • Advise on application and interpretation of technical accounting requirements in terms of IFRS and US GAAP.
  • Research and advise on non-routine transactions across the Group (finance and other functions).
  • Participate in the implementation of US-GAAP reporting, changes to quarterly and annual reporting processes due to the change in primary listing, compliance with reporting requirements in the UK and future requirements from sustainability accounting and reporting.
  • Research and advise on once-off transactions (acquisitions / disposals / group restructuring / new financing), including review of all regulatory filings and presentations.
  • Identify and implement new or changed disclosure requirements including annual revision of the IFRS financial reporting skeleton and the UK annual report.
  • Financial statement note reviews (from a disclosure perspective).
  • Maintain relationships with external auditors.
  • Maintain relationships with the US Securities' lawyers and resolve queries and provide all requested information in response to their review processes.
  • Completion of all disclosure and regulatory checklists for external reporting
  • Responds on behalf of AGA, where warranted, to any new exposure drafts (IFRS, etc.) where public commentary is required.
  • Support the SVP: Group Finance to address all ad-hoc regulatory comment letters received from SEC.
  • Provide World Gold Council (WGC) guidance framework implementation, review and monitoring support to business units and sites.
  • Maintain the growth capital assessment and classification process and supporting business units and sites in this regard.
  • Maintain the exploration assessment and classification process and supporting business units and sites in this regard.
  • Support the project management of the yearly overall annual reporting process. Drafting of Audit Committee Papers relating to new accounting developments and pronouncements, SEC rules and other regulatory developments.
  • Co-ordinate SOX control changes in the finance team, liaise with SOX team on control weaknesses, new controls required.
  • Participate in year-end SOX meetings to assist in assessing all identified SOX deficiencies and possible impacts with the SOX and external audit teams.
  • Participation in combined assurance reviews.
Stakeholder Accountabilities:Build relationships with key stakeholders.
  • External and Internal Auditors
  • Industry Forums
  • Digital Technology team
  • Investor Relations team
  • Business Unit finance leadership teams
  • All corporate functions
RemunerationAs per the AGA salary scales.Application ProcessInterested candidates who meet the requirements are invited to submit their applications, including a detailed CV and a cover letter addressing suitability for the role. All academic and work-related achievements to be clearly highlighted.AngloGold Ashanti is an equal opportunity employer and encourages applications from qualified individuals regardless of gender, race, religion, nationality, or disability. Experience in the manufacturing or mining sectors desired.Should you not hear from us within 30 days, please consider your application as unsuccessful.AngloGold Ashanti LimitedReg No: 1944/017354/06Directors: MDC Ramos (Chairperson) A Calderon Zuleta (Chief Executive Officer) (Australian) GA Doran (Chief Financial Officer) (Irish/Australian) KOF Busia (Ghanaian) AM Ferguson (British) AH Garner (American) R Gasant SP Lawson (American) J Magie (Canadian) MC Richter (American/Panamanian) DL Sands (American) JE Tilk (Canadian)Company Secretary: LM GoliathRequisition ID: 24275Category: AdministrationPosting Salary: Market RelatedPost End Date: May 30, 2024

AngloGold Ashanti

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Job Detail

  • Job Id
    JD1317826
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Johannesburg, Gauteng, South Africa
  • Education
    Not mentioned