Accountant - Mining

2 weeks ago

Sandton, Gauteng, South Africa Acumen Group Full time

Accountant (SAIPA)

Mining Industry

Sandton, Gauteng

Duties:

As the Accountant for our mining and exports operations, you will be responsible for the end-to-end financial management of the business, ensuring full compliance, accuracy, and transparency across all financial functions. Your core responsibilities will include:


• Financial Reporting & Compliance: Prepare accurate monthly, quarterly, and annual financial

statements in accordance with IFRS. Ensure compliance with SARS, the Companies Act,

SARB, and mining/export regulations. Coordinate internal and external audits.


• Costing, Budgeting & Forecasting: Monitor operational costs related to mining, logistics, and

exports. Assist with budgeting, rolling forecasts, and variance analysis to support strategic

decision-making and cost control.


• Inventory & Fixed Asset Management: Oversee inventory reconciliations (weekly and

monthly) in collaboration with logistics. Ensure accuracy of warehouse stock reports, GRNs,

packing lists, and inventory journals. Manage fixed asset registrations and reconciliations.


• Accounts Payable & Receivable: Review and approve supplier invoices and bills in Xero,

ensuring alignment with contracts, GRNs, tonnages, pricing, and VAT regulations. Oversee

customer invoicing for shipments, ensuring all documentation is complete and compliant.


• Export Finance & Shipment Reporting: Manage all export-related financial documentation

(e.g. Bills of Lading, Certificates of Origin/Weight/Quality, SAD500s). Maintain the shipments

report, ensuring all associated costs are captured and aligned with contract terms.


• VAT & Statutory Submissions: Reconcile VAT201 reports monthly, ensuring all invoices are

correctly categorised and supported. Ensure timely and accurate submissions to SARS, UIF,

and other authorities.


• ERP, Controls & Systems: Maintain robust financial controls and contribute to ERP

implementation (planned for October Oversee financial SOPs, tracking reports, and

automation of manual reconciliations.


• Stakeholder Engagement: Work closely with logistics, procurement, and operations to ensure

cross-functional alignment on inventory, shipments, and financial performance. Liaise with

suppliers to verify recons and support billing accuracy.


• Loss Management & Stock Reporting: Monitor and report on stockpile losses per shipment,

ensuring variances are within budgeted thresholds. Investigate discrepancies across

departments and document outcomes.


• Balance Sheet & Month-End Close: Prepare balance sheet reconciliations, validate inventory

and prepayment movements, and ensure accurate reporting and supporting documentation is

maintained for all journals

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