Job Description

Purpose of RoleTo manage and oversee the financial management of capital expenditure in the operation, by ensuring compliance to governance requirements and International Financial Reporting Standards (IFRS). To ensure that capital expenditure is supported by financially sound business cases, that assets are capitalised timeously and that the fixed asset registers are well maintained.Role ContextFinancial Management

• Analyse all relevant Departmental data and report on trends and operating requirements to determine capital expenditure funding requirements for the financial year.
• Prepare and manage the annual capital expenditure budget, ensuring timely capitalisation of projects and adherence to International Financial Reporting Standards (IFRS)
• Oversee the month-end close process by finalising and consolidating journal entries, reconciliations, and compiling variance analysis to ensure all capital expenditures are accounted for and posted for the respective department.
• Compile and monitor capital expenditure cash flow projections
• Comply with all financial, Supply Chain Management (SCM) and other Tharisa Minerals regulations and policies by facilitating the right actions, to reduce financial risk in the Department.
• Monitor key financial indicators and metrics to assess the company's financial health and performance and notify management of any risks or deviations to mitigate unnecessary financial risks.
• Identify and communicate financial risks by monitoring internal financial parameters and the external market for opportunities to senior management.
• Identify opportunities to streamline financial processes and enhance efficiency by scrutinising the current financial processes and tools ensuring that they are optimised and recommend changes to policies and procedures where required.
• Coordinate internal financial audits and liaise with external auditors to ensure seamless and transparent sharing of information to ensure the risk of audit findings is alleviated.

Operational Management

• Keep abreast of changes in relevant guidelines, accounting standards and other legislation, to make recommendations where policies, processes and/or procedures require amendment.
• Develop, enhance, and implement policies, processes and procedures that are within the respective Department aimed at the enhancement of service delivery and overall productivity within the Department.
• Drive effective communication across the various departments outside of the current department to ensure cross functional and cross department collaboration takes place.
• Provide capital project management support by compiling business cases and cost estimates and monitoring throughout the lifespan of the project to ensure budgets are adhered.

People Management

• Create and maintain a conducive work environment by appropriately applying Human Resources policies and procedures to ensure optimum performance is realised for the benefit of the Department and, by extension, the organisation.
• Lead the team according to Tharisa Minerals leadership principles and values throughout the entire employee life cycle (performance management, reward etc) to ensure, inter alia, a high-performance culture.

Stakeholder Relations

• Build and maintain relationships with internal and external stakeholders to ensure information, advice or opinions on relevant matters is made available and/or communicated with all relevant stakeholders, to manage expectations and timelines.
• Utilise opportunities presented to enhance the relationship between management, unions, and employees, and implement processes to maximise a collaborative working relationship.
• Engage with external system providers to solve system queries to correct financial reporting costs.

Qualifications:

• Bachelors Degree (NQF7) or equivalent in Finance/Accounting/Economics
• Newly qualified CA (SA) - Advantageous

Job specific experience:

• Minimum of between 5-8 years relevant experience in the accounting field, preferably in the mining industry
• Knowledge of statutory accounting principles.,
• Significant experience in Enterprise Resource Planning (ERP) systems.

Inherent requirementsMust be medically fit.Closing date: 24 October 2024Note: This is a 6 month fixed term contract.

Tharisa Minerals