Cost Accountant - UG Mining Operations at Tharisa

Role Context

Financial Management

• Develop a cost commitments report to ensure that the various departments do not overextend their financial position and any risk of non-payment can be proactively mitigated.
• Manage the capitalisation and disposal of resources across the mining operations by reviewing all respective audit documentation ensuring that all appropriate approvals have been given for the capitalisation and/or disposal process to take place.
• Compile the capital expenditure pack on behalf of the respective mining operations department by engaging with the relevant stakeholders to ensure all parameters are understood and are accounted for to ensure the appropriate budget is in place to support their growth.
• Monitor and oversee the allocation of requests against expenses to the general ledger (gl) accounts by collecting costing information and maintaining an expenses database, to minimise the frequency of incorrect allocations to the incorrect General Ledger accounts and/or project dimensions.
• Monitor, track and report on the respective departments predicted expenditure versus actual expenditure (variances) and guide the department heads on how to align between the two in order to minimise excess spend.
• Upskill and familiarise new department heads on their current operating budgets, the systems required to manage their budgets and the respective processes that need to be followed for financial approval on expenses, to ensure all stakeholders act in accordance with company policy.
• Review and monitor the day-to-day operating costs of the allocated departments by reviewing and ensuring contractors alignment and compliance to their contracts, the utilisation of equipment on the mine and general operating costs to identify areas where costs can be reduced, and services optimised.
• Determine the cost of production within the mining operations environment by considering, both, direct and indirect costs in order to effectively manage expenses and forecasts for the function.
• Develop month-end and year-end expense reports for review by collecting, analysing and consolidating all Mining Operations expense data, creating a platform for informed decision making through reporting.
• Review and compare weekly forecast reports against the predicted monthly forecast by collecting and analysing weekly expenditure data within the respective department in order to proactively identify any deviations from the estimated forecast.
• Develop and recommend business optimisation cases by identifying inefficiencies within the current processes, ultimately to enhance the ways of work within the area and improving efficiency.

Resource Management

• Provide input into required changes in resources (financial or non-financial) to enable the achievement of own objectives.
• Determine resource needs of the team and area of work to achieve business outcomes.
• Monitor the use of assets and resources within the team and across the allocated portfolio of operations and areas of responsibility, to ensure assets and resources are consistently and appropriately utilised and managed.

 Stakeholder Relations

• Communicate with all relevant Departments on issues of the area of speciality. Liaise across the relevant Departments by engaging with the appropriate stakeholders to ensure all stakeholders remain abreast of Departmental objectives, any potential derailers are appropriately managed and duplication of work is avoided.
• Communicate with internal and/or external stakeholders, where required, to achieve work objectives and to maintain relationships.

Requirements

Qualifications:

• Grade 12 (NQF4)
• BCom Degree (NQF7) in Accounting or Finance related field

Job-specific experience:

• Minimum of 3-4 years of relevant accounting experience, preferably, in the mining environment.
• Experience/Exposure on MS Dynamics F&O, Reporting tools: MS Power BI

 Inherent requirements

• Must be medically fit