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  • Posted: May 17, 2024
    Deadline: Not specified
  • Never pay for any CBT, test or assessment as part of any recruitment process. When in doubt, contact us

    Petra Diamonds is a leading independent diamond mining group and a consistent supplier of gem quality rough diamonds to the international market. The Company has a diversified portfolio incorporating interests in three underground producing mines in South Africa (Finsch, Cullinan and Koffiefontein) and one open pit producing mine in Tanzania (Williamson). ...
    Read more about this company


    Management Accountant


    • Assist in review operating expenditure and forecasts for Group and the operations to ensure alignment with business strategy.
    • Planning & Budgeting: Assist to develop and execute an operational finance forecast, budget and plan to support BU's Operational Finance forecast, budget and plan; in order to demonstrate efficiency and effectiveness in achieving business performance objectives as well as short and long term company business objectives.                                                 
    • Assist to review and communicate the analysis of KPIs, metrics and other key analytical data highlighting significant performance issues to senior management. 
    • Ensure compliance to the finance processes and capture related transactional data into the finance system.         
    • Ensure adherence to legislative and corporate governance compliance requirements to manage risk and consequences on non-compliance. 
    • Establish and maintain good working relationships and an effective / sound communication system with the Operations Finance Function.                                                                          
    • Ensure that all Operations Finance reporting is aligned with standards, guidelines and schedules.                           
    • Ensure accurate reporting of financial data at Operation level for Petra and provision of information to enable effective decision making.                                                                       
    • Prepare and distribute operating cost information as per agreed timelines.                                                                     
    • Assist with governance for operating expenditure through workflow.                                                                                
    • Design operating cost reports for Group Operation Finance and any other stakeholders.                                            
    • Analyses and interprets variance, budget and cost reports, in order to evaluate actual performance against plans and the effects of external factors on cost.                                     
    • Support with the design and implementation of a cost and enterprise management system to manage and control operating costs for Group and the operations as well as recharges to mines.                                                                                             
    • Execute Accounting processes timely and effectively, ensuring operational discipline and strict adherence to internal accounting guidelines and controls.                                                
    • Assist to evaluate and review current operational expenditure policies and procedures, amend if required and ensure compliance.
    • Request updates to Finance and other Master Data as required.                                                                                      
    • Support and provide guidance in achieving period end close process according to set metrics.                                 
    • Assist with the preparation for external audit.                                                                                                                 
    • Facilitate the OH&SS Pipeline ideas on BI software, ensuring all ideas generated are processed and maintained effectively and timely.                                                                      
    • Co-ordinate, schedule and guide monthly meetings with all OH&SS idea owners and the CI Manager ensuring all Business Improvement ideas are monitored and reviewed, implementing next steps if and where required.                             
    • Model behaviour that is consistent with the Company Vision, Values and Code of Ethical Conduct.
    • Monitor alignment of costing structures across operations to support Benchmarking as and when required.


    • B.Com Degree Accounting OR B.Tech Degree Cost Management Accounting OR CIMA qualification (NQF Level 7)
    • A minimum of 5 years general financial experience of which 3 years in a general cost and production environment.             
    • 1 year supervisory level experience will be advantageous.
    • Accounting / Management Accounting systems experience (AccPac and ESSbase).   
    • Computer Literate in Microsoft office Suit Package (Excel Advanced)                          
    • Valid driver's license. 


    • Demonstrate knowledge and skill with regards to financial accounting standards, practices, tax directives and legislative requirements.                                                                   
    • Demonstrate knowledge and skill in risk management principles and practices.                                                     
    • Demonstrate strong commercial and financial knowledge and understanding of internal financial controls.      
    • Demonstrate knowledge and skill as a commercially astute, business minded, operationally oriented individual of superior intelligence who is profit driven with bottom line awareness.                                                                                       
    • Demonstrate knowledge and skill in budgeting, forecasting and capital expenditure.                                                              


    • Planning and Organising; Decision Making; Earning Trust; Communication; Continuous Improvement; Safety Focus; Customer Orientation;  Valuing Differences; Initiating Action; Managing Relationships

    Method of Application

    Interested and qualified? Go to Petra Diamonds Limited on to apply

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