Manager, Finance at Exxaro Resources

Job Advert Summary    
PURPOSE: To ensure Business sustainability through optimised Financial, Cost Accounting, Supply Chain Management and Commercial functions.

• MAJOR CHALLENGES:  Maintain a sustainable high-performance culture within a continually changing environment.  Align various functions in portfolio i.e. (Finance, Financial Accounting, Management Accounting, Risk Management, Supply Chain Management, Marketing, Costs).  High impact/complexity of decision making (Marketing, contracts, procurement, clients, strategy).  Diverse Independent Business Unit operating in Corporate, National and International environments.  Complexity of Ferrosilicon (Product) operations.

Minimum Requirements    
QUALIFICATIONS:

•  BCom (Hons) Finance (Essential/Minimum)
•  Management Development Programme (Essential/Minimum)
•  Chartered Accountant (CA) (Recommended/Desirable)

EXPERIENCE:

• 6-8 years Relevant Business Operations knowledge; Generally Accepted Accounting Principles (GAAP); International Financial Reporting standards; Companies Act; Income Tax; Commodity knowledge and other relevant areas
• Essential/Minimum: Importance
• Operational: Involvement

REQUIREMENTS:

•  Psychometric Assessment (Essential/Minimum)
•  Certificate of Fitness (Essential/Minimum)
•  SA Institute for Chartered Accountants (Recommended/Desirable)

Duties & Responsibilities    
The incumbent will inter alia be responsible for the following:

Best Practice and Knowledge Management

•  Confer and share strategic, tactical and operational information with relevant stakeholders to discuss issues, coordinate activities and resolve problems related to execution of company strategy
•  Monitor exchange and preservation of information between operations and individuals

Business Growth and Development

•  Interpret Business Unit (BU) strategies to provide financial support in delivering on Business Strategies
•  Provide input into overall Finance strategy to ensure strategy is in alignment with and supports BU strategies
•  Ensure strategy and related initiatives are integrated and aligned with the Company strategy and business plans
•  Establish appropriate financial and overall BU performance synergies aligned with Best Practise

Business Performance and Operations

•  Financial reports, statements and consolidated budget/forecasts and strategic plans for BU
•  Manage Service Level Agreements (SLA's) and take action to correct deviations
•  Monthly management and board reports (including ad-hoc BU reporting requirements)
•  Performance accounting for BU/Business Partner
•  Analyse and identify variations from budget
•  Manage Business income tax, International Financial Reporting Standards (IFRS) and compliance
•  Active involvement in business strategy and execution
•  Manage preventative audit and risk management processes
•  Oversee the Supply Chain Management (SCM) portfolio and develop strategy and execution plan for SCM portfolio
•  Allocate and monitor utilisation of financial resources and capital expenditure to facilitate efficient cash-flow management
•  Prepare and control annual budget
•  Measure and track performance against approved business plans and budgets
•  Manage resources and assets
•  Approve/seek approval of relevant contracts and documentation in line with SCM's budgetary stipulations

Compliance, Governance and Assurance

•  Provide information to Management to ensure that all policies, procedures, standards and guidelines are developed taking into account specific requirements of Business Unit
•  Ensure implementation of policies and procedures are in alignment with government legislation and charters
•  Interpret and enforce legislative and corporate governance requirements to manage risk and consequences of non-compliance within BU
•  Ensure compliance with statutory and non-statutory requirements

Customer, Stakeholder and Client Relationship Management

•  Support core business by ensuring appropriate stakeholder relation- ships toward enhancing corporate profile
•  Manage internal and external relations, including interface with external providers or other functions responsible
•  Ensure promotion of awareness of customer requirements throughout designated area
•  Represent the Company at applicable forums
•  Provide relevant and specialised support to applicable stakeholders

Effective People Management

•  Clarify roles and responsibilities and expectations for all subordinates
•  Define individual performance standards, monitor and measure performance, reward and recognise high performance
•  Apply consistent performance and consequence management, take prompt action against non-performance Act as change agent to foster an environment where people seek out better ways of operating team and sub-team processes
•  Lead and motivate staff to achieve performance excellence
•  Create an environment of accountability and trust Proactively address conflicts, initiate difficult conversations
•  Ensure staff resources are efficiently deployed, trained and developed
•  Ensure support, coaching and mentoring for all staff

Financial Management

•  Evaluate best production and Marketing plan aligned with Business Plan
•  Prepare and control BU annual budget by forecasting revenue and costs and monitor expenditure and working capital/assets
•  Approve expenditure according to approval framework
•  Measure and track performance against approved forecasts and budgets
•  Manage, allocate and monitor utilisation of financial resources and assets
•  Research and ensure that best practices are implemented and managed

Functional Excellence

•  Standardise, simplify and speed-up functional processes, eliminate duplication/bureaucracy
•  Develop and apply functional best practices, promote sharing of best practices/knowledge
•  Execute functional excellence initiatives
•  Identify and report critical functional risks

Safe and Healthy Work Environment

•  Maintain and ensure a healthy environment, safe operations and practices, ensuring compliance with all applicable Safety Health and Environmental (SHE) policies and procedures in line with set standards
•  Encourage a culture that focuses on safety in all operations

Behavioural Alignment

• Demonstrates the following:
•  Creativity, collaboration, sociable and awareness to the ecosystem
•  Stewardship, accountability, ability to develop trust, safety conscious and ethical
•  Ability to respond quickly to business needs/agility, flexibility, continuous learning, innovation and proven ability to experiment on creative business solutions
•  Ability to be inclusive, eagerness for multiple skills, embraces multiple cultures, accepts different approaches and be human-centric/empathetic
•  Results oriented, quality driven, excellence, entrepreneurial abilities, efficient and effective

The appointment will be made in accordance with Exxaro’s Employment Equity policy.
If you have not been contacted within 28 days of the closing date of this advertisement, please accept that your application was unsuccessful.