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Senior Financial Manager

Employer
SH Consulting
Location
Durban North Northern Natal eThekwini, South Africa
Salary
Competitive
Closing date
Feb 2, 2025
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Job Role
Finance Manager
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Introduction
The client, a well-established coal and anthracite mine in KZN is seeking to employ a Senior Financial Manager who will effectively manage the total scope of the Finance, Stores, Procurement and IT departments.

Duties & Responsibilities
- Account for all financial transactions;

- Preparation and monitoring of annual budgets and month-to-month forecasts;

- Financial modelling, feasibility studies and cost accounting;

- Cost control, working cost, capital expenditure, major repairs, labour cost - ongoing cost reporting;

- Cash flow control: working capital, consumable stores, debtors, creditors, transfer money between current and call account;

- Manage and report on risk, assurance management and any ad hoc financial projects;

- Prepare statutory annual financial statements;

- Prepare operational and risk reports for management analysis;

- Filing of all tax submissions, including PAYE, VAT, Royalty, diesel and Income Tax;

- Responsible for Financial, Accounting and Compliance functions incuding payrolls, cash flow

management, financial reporting (internal and external) within agreed reporting deadlines;

- Manage control over buying stores, issuing from stores, creditors reconciliations, bank reconciliations and payments, monthly sales reports, credit notes, stock take, etc.;

- Responsible to maintain and improve internal controls;

- Maintaining General Ledger on Accpac;

- Financial reporter - Accpa - new reports and maintaining existing reports;

- Monthly standard journals on general ledger;

- Manage Fixed Assets - Capex (CWIP), transfer to fixed assets, depreciaton, disposals;

- Co-ordinate and manage external auditors in respect of annual local audit obligations.
Desired Experience & Qualification
- Relevant post grade 12 qualification, preferably B Comm with completed articles;

- 10 Year's general experience post B Com (similar) of which five years at Management/senior level in the mining industry.

- Good working knowledge of financial accounting standars and IFRS;

- In-depth knowledge of relevant industry statutory tax and legal regulations;

- Experience in expansion of mining projects;

- Computer literacy (MS Office) and exceptional Word, Excel and Power Point skills. AccPac (SAGE)

knowledge would be an advantage.

- The successful candidate will be required to work at the office, based on the mine and pro-actively

participate as a member of the Management Team.

- The successful candidate will be required to pass a medical/fitness test.

Candiddates who do not receive a written response within two weeks after the closing date of this advert, are to regard their application as unsuccessful.

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