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    Senior Finance Manager - Midrand, South Africa - Ikwezi Mining

    Ikwezi Mining
    Ikwezi Mining Midrand, South Africa

    3 days ago

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    Description
    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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