Senior Finance Manager

3 weeks ago

Midrand, South Africa Ikwezi Mining Full time
As a Senior Finance Manager, you will oversee various aspects of financial management and ensure accuracy in reporting. Lead accounting activities, collaborating with cross-functional teams, and contributing to strategic financial decision making.

Key Responsibilities:
General :
  • Implement accounting systems and processes for the organisation
  • Overseeing the duties and performance of accounting team
  • Detect and prevent financial frauds that may arise
  • Laise with auditors and other stake holders
Financial Reporting:
  • Prepare and analyze accurate and timely financial statements in accordance with accounting principles.
  • Prepare and present monthly management accounts which includes income statement, balance sheet, cash flow and ration analysis.
  • Ensure compliance with relevant regulations and reporting standards.
Month-End and Year-End Close:
  • Lead the month-end and year-end close processes, including reconciliation of accounts and preparation of adjusting journal entries.
  • Collaborate with cross-functional teams to gather necessary financial data.
General Ledger Management:
  • Maintain and reconcile general ledger accounts, ensuring accuracy and completeness
  • Investigate and resolve discrepancies or variances in financial records.
Budgeting and Forecasting:
  • Contribute to the budgeting and forecasting processes by providing accurate financial data and analysis.
  • Assist in monitoring actual performance against budgeted figures.
Financial Analysis:
  • Conduct financial analyses to identify trends, variances, and opportunities for improvement.
  • Provide insights and recommendations to management based on financial data.
Audit Support:
  • Support internal and external audit processes by preparing audit schedules, providing necessary documentation, and addressing auditor inquiries.
  • Implement audit recommendations to enhance internal controls.
Tax Compliance:
  • Assist in the preparation of tax returns and ensure compliance with tax regulations.
  • Collaborate with tax professionals to address tax-related inquiries and support tax planning.
Fixed Assets Management:
  • Manage the accounting for fixed assets, including capitalization, depreciation, and disposal.
  • Ensure accurate and up-to-date records of fixed asset transactions.
  • Review the accuracy of wear and tear schedule/
Financial Systems Maintenance:
  • Oversee the maintenance and integrity of financial systems and databases.
  • Collaborate with IT and other departments for system enhancements or upgrades.
Team Leadership and Training:
  • Provide guidance and mentorship to accountants and ensure timely work execution.
  • Conduct training sessions on accounting processes and procedures
 
Minimum requirements:
  • Registered as a Chartered Accountant
  • 7 to 10 years post-article experience in financial accounting
  • Mining experience will be preferred.
  • Good understanding of IFRS, SARS & SARB Regulations.
  • Substantial experience in accounting roles, with a focus on financial reporting and analysis
  • Proficiency in accounting software and Microsoft Excel
  • Strong understanding of accounting principles and financial regulations
  • Excellent analytical and problem-solving skills
  • Effective communication and interpersonal abilities
  • Detail-oriented with a high level of accuracy

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