Financial Modelling Business Analyst at Tharisa

Context of role

• Develop and maintain detailed financial models for mining projects in PGM and base metals sectors, to a DFS level.
• Ensure the financial models are robust, reflecting cash flows, capital expenditures (capex), operating costs (opex), taxation, and funding structures.
• Prepare financial models to support debt and equity fundraising and investment decisions, ensuring alignment with project finance requirements.
• Support the development of financial projections, ensuring they align with the company’s strategic goals, project timelines, and financing needs.
• Provide scenario analysis, sensitivity testing, and risk assessments within models to support decision-making processes.
• Work closely with the project development team to gather data and develop models for various mining projects.
• Report on the financial status of projects, tracking capital spend, cash flow projections, and budget variance analysis.
• Develop and maintain the holding company’s group financial model to assess overall corporate performance, including profitability, cash flows, and balance sheet health.
• Ensure the financial models meet governance standards and comply with relevant accounting standards (e.g., IFRS) and regulatory requirements.
• Travel locally and regionally to mining project sites as required for data gathering, stakeholder engagement, and site-based model discussions.
• Engage with local teams and stakeholders to ensure alignment on project financials and ensure accurate data flows back into financial models.
• Work with finance teams to track actual financial performance against budgets and forecasts, providing insights into financial performance, risks, and opportunities.
• Support business development efforts by creating financial models to evaluate new investment opportunities, mergers and acquisitions, or expansion projects.

Requirements

Qualifications

• Bachelor’s degree in Finance, Accounting, Engineering, or related field. A Postgraduate qualification (e.g., MBA, CFA, or MFM) is advantageous.
• Professional qualification in financial modelling will be beneficial.

Job specific experience

• Minimum of 5 years of experience in financial modelling within the mining industry, preferably in projects in the PGM, base metals or chrome sectors.
• Proven experience in building financial models to DFS for mining projects, with expertise in capital project finance, debt raising, and investment appraisal.
• Experience working in cross-functional teams and interacting with senior management.
• Strong understanding of mining project economics, including capex/opex forecasting, mine planning, scheduling, and funding structures.

Closing date

24 February 2026.