Commercial Manager

2 months ago

Midrand, South Africa Ikwezi Mining (Pty) Ltd Full time
Key Responsibilities:
Purchasing management (sourcing of suppliers and/or goods and services)
  • Source new suppliers where required or drive sourcing activities from existing suppliers
  • Support Coal Origination field team with pricing analysis and evaluation of offers from 3rd party coal suppliers where required
  • Support Road Transport team with pricing analysis and evaluation of offers from Transporters where required
  • Costing analysis for reporting purposes and to identify potential areas for cost savings/optimisation.
  • Where the function resides with other role players, provide input where necessary
  • Manage the procurement officer to ensure fulfilment of this KPA
Contract management (suppliers, mainly coal mines contracting terms)
  • Conclude trade agreements with suppliers
  • Contracting with 3rd party coal mines for coal, Transporters and contracting with other suppliers to meet the needs of the logistics business
  • Ensure objectives and deliverables are clear in the contract upon which adherence will be monitored.
  • Monitor Contract Compliance as per contractual obligations
  • Manage the legal officer to ensure fulfilment of this KPA to ensure that trade terms and agreements are concluded efficiently
Analysis and reporting
  • Conduct commercial analysis to identify trends, variances, and opportunities for improvement
  • Provide insights and recommendations to management based on commercial and financial data
  • Produce the relevant reports required for the role within the stipulated time frame
Credit management and management of supplier invoices payment activities
  • Through the commercial accountant, monitor credit limit with the mines, where there is no credit limit, follow through to ensure that the credit limit is arranged and/or topped up otherwise this may affect ability to secure stock required
  • Check that supplier invoices are received, verified (including Port invoices), captured, audited, approved and payment processed timeously
  • Where prepayments are required, ensure that this is done so that Coal Transportation activities are not negatively impacted by payment issues
  • Provisions and payment requests for coal contracts and every vessel
  • Enhance processes where required to drive efficiencies and effectiveness
Team management
  • Provide guidance and mentorship to the team that includes a commercial accountant, procurement officer and legal officer; and ensure timely work execution
  • Conduct training sessions on processes and procedures where required
  • Identify areas of improvement for optimisation and recommend action
  • Develop and drive a high-performance culture

Minimum requirements:
  • Diploma/ Degree in Accounting / Cost Accounting / Business / Economics
  • 5 years experience in Commercial / Procurement role
  • Trucking, commodity trading, logistics experience preferred
  • Strong understanding of accounting principles and financial regulations
  • Proficiency in accounting software and Microsoft Excel
  • Maintain a professional work ethic in dealing with relevant stakeholders

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