Current Opportunities at Rand Refinery

Requirements

REQUIREMENTS

• A completed Matric Certificate qualification.
• Bachelor of Accounting Degree.
• BA/BCom/BTech/Advanced Diploma in Marketing Management.
• Bachelor of Environmental Health/Science/Engineering.
• Bachelor of Laws (LLB) Degree:
  • Having successfully completed the CGISA programme would serve as an advantage.
• Acquired at least an overall average of 70% at tertiary level.

go to method of application »

Requirements

REQUIREMENTS

• A completed Matric Certificate qualification.
• Engineering NQF level 7 qualifications in the following fields:
  • Electrical Engineering/Automation;
  • Mechanical Engineering;
  • Chemical Engineering; and
  • Metallurgical Engineering/ Metallurgy. 
• Acquired at least an overall average of 70% at tertiary level.

go to method of application »

PURPOSE OF THE POSITION

• The purpose of this position includes:
  • Providing administrative support to the Risk Department in the execution of the Exco approved risk management plan.
  • Responsible for supporting statutory assurance activities for the Compliance Function.

DIVERSITY OF WORK

• Defines and manages setup and administration tasks for Risk Department.

DECISION MAKING

• Basic understanding of risk governance and enterprise risk management practices to be able to make operational decisions that relate to day to day running of risk management activities and some level of tactical decisions to implement the risk management strategy.

MAJOR RESPONSIBILITIES

• Report incidents to appropriate associates and ensure incidents are logged on risk information system and linked to operational risks and company risks.
• Assist in the preparation and tracking of SHEQ related audits.
• Ensure compliance with all applicable Safety Health Environmental policies and procedures in line with set standards.
• Encourage a culture that focuses on safety in all operations.
• Assist with the tracking and monitoring of Management frameworks, polices and plans.
• Ensure that all minutes for meetings are correctly complied and timeously distributed.
• Assist with the compilation of risk and business continuity management reports to various committee.
• Provide support to all information owners and capturers on the Risk Information Tool.
• Conduct operational risk reviews and ensure alignment with approved risk framework.
• Prepare and maintain information and documentation for Risk Management, Compliance, Combined Assurance and Business Continuity Management related reporting and presentation purposes.
• Coordinate the consolidation of the Risk Department’s monthly reports and ensure timeous submission to relevant members of the Risk Management forums.
• Train users on functionality of risk information system used by Rand Refinery.
• Presentation of basic risk and Business Continuity awareness programmes.
• Build strong relationships with management, operations and other staff to further the purpose of the role; work across functions, regions and business units to effectively further the Company’s compliance program.
• Ensure values embedded and entropy (Barret) within the Risk Department.  

Requirements

MINIMUM REQUIREMENTS

• A completed Matric Certificate qualification.
• Preference will be given to candidates with at least a NQF level 7 tertiary qualification in:
  • Business Management;
  • Auditing;
  • Law/Compliance; and
  • Risk Management.
• A Postgraduate Diploma in Compliance/Law would serve as an advantage.
• At least 2-5 years of working experience within a Risk, Legal or Compliance Management environment.

SKILLS AND KNOWLEDGE

• Good communication skills, strong interpersonal skills and willingness to share knowledge within the team
• Report writing and documentation skills. 
• Make decisions and work towards and meet deadlines.
• Commercial awareness.
• Assist in co-ordination risk department related projects.
• Manage priorities and ad-hoc tasks.
• Be a self- starter.
• Attention to detail required.
• Sound analytical skills.
• Strong organisational skills.
• Strong teamwork skills.
• High level of commitment and ability to work under pressure.
• Solution-oriented with a proactive, efficient and independent work style.

CLOSING DATE: 28 JULY 202

go to method of application »

PURPOSE OF THE POSITION

• The purpose of this position is to effectively manage resources, staff and execute duties, which include all financial reporting in accordance with prescribed legislation and standards, within the financial department of Rand Refinery.
• Responsibilities include the management of month-end closing, managing the audit processes and leading the development and implementation of effective processes, procedures & controls to ensure accurate and timeous recording and reporting of financial information.
• The position includes the responsibility for all direct and indirect taxation matters of the company. The Senior Manager: Further, engages in the financial analysis in such areas as forecasting, budgeting, engaging in cost.

MAJOR RESPONSIBILITIES

FINANCIAL REPORTS AND ACCOUNTING

• Coordinate the production of financial reports and accounting for the company results, including the financial position and cash flows on a monthly basis for Exco and Shareholders.
• Compile key business metrics and report to them to management.
• Calculation and recommendation of dividends payable

GROUP ANNUAL FINANCIAL STATEMENTS

• Produce Group Annual Financial Statements at yearend by co-ordinating all activities applicable to a successful closure to financial yearend, ensuring that these comply with International Financial Reporting Standards
• Coordinate the production of the Annual Integrated Report and responsible for the technical evaluation thereof.

AUDITING AND REPORTING OF FINANCIAL INFORMATION

• Managing the audit processes (external and Internal audits) and leading the development and implementation of effective processes, procedures & controls to ensure accurate and timeous recording and reporting of financial information.

PAYROLL MANAGMEMT

• Manage remuneration and benefits including two payrolls and benefit funds such as medical aid, pension schemes as well as the investment management and administration of post-retirement medical aid.

TAXATION MANAGEMENT

• Responsible for all taxation matters including Income Tax, VAT, DWT, DRC, PAYE of the company and also the subsidiaries.
• Ensure that all taxes are up to date and that compliance is adhered to.
• Continuous study of changes to legislation and accounting standards to ensure compliance by the company.

JOINT VENTURES

• Maintain accounting records of local and foreign subsidiaries and Joint Ventures, including taxation matters and producing the annual financial statements.

BUDGET MANAGEMENT

• Budget management by coordinating balance sheet related inputs and liaise with the costing department on all budget related matters.
• Prepare the budget cash flow statement and assist with the production of the annual budget book.
• Manage and assist with all ad hoc technical accounting projects.

FINANCIAL POLICIES AND PROCEDURES

• Maintain a documented system of accounting policies and procedures.

CASH MANAGEMENT

• Cash Management: Forecast on cash flow positions, related borrowing needs and available funds for working capital.
• Ensuring that there are sufficient funds to meet on-going operational and capital investment requirements.
• Maintain bank relationships; invest funds; recommend appropriate dividend declaration based on historical dividend patterns and expected cash flows.
• Ensure compliance to the Delegation of Authority for all investments.
• Oversee the extension of credit to customers.

FINANCIAL ANALYSIS

• Engage in on-going cost reduction analysis in all areas of the company.
• Review the performance of competitors and report on key issues to management; Interpret the company’s financial results and recommend improvements activities.
• Participate in target cost activities to create products that meet pre-determined price goals.

CAPITAL BUDGETING

• Manage the capital budgeting process, based on constraints analysis and discounted cash flow analysis.
• Create additional analysis and reports as requested by management.

PEOPLE MANAGEMENT

• People management including performance, continuity, succession planning and training.
• Management of cash management, debtors, creditors, management accounting, payroll and procurement.

NON-BULLION INSURANCE

• Responsible for the Non-Bullion insurance.
• Ensure compliance to all the insurance regulations and annual renewal process.

Requirements

MINIMUM REQUIREMENTS

• Tertiary qualification (3-year degree or higher) and 10 to 15 years’ experience
• Financial Statement knowledge: CA(SA) knowledge level of legislation, regulations, income tax, consolidations, international finance and mergers and acquisitions
• Risk Management, including SOX requirements.
• Remuneration management: Salary package structuring, all payroll related legislation, remuneration and HR systems, benefit funds (e.g., pension, medical, group life etc.
• Specialist financial knowledge to interpret financial information for ad hoc projects.

SKILLS AND KNOWLEDGE

• Computer knowledge; SAP, MS office –Outlook, Word, Excel, IFRS and Taxation.
• An ability to coordinate, prepare and produce accurate meaningful financial reports for Rand Refinery and stakeholders.
• An ability to extract the most from human capital in a productive and positive manner. Conflict Management skills. Provide leadership and guidance to the reporting team.
• Focus on results through quality and safety awareness, managing work, planning, and organising, decision making and customer focus.
• Express potential through adaptability, applied learning, initiating action, innovation, impact, and work standards.
• Interact effectively through communication at all levels, building relationships, negotiation and gaining commitment.
• Achieve goals by aligning performance for success, developing others, facilitating change, monitoring information, inspiring others, information monitoring, meeting leadership and participation and follow up.

DIVERSITY OF WORK

• Incumbent is s responsible for the work of a division, business unit, function or of a number of disciplines.

DECISION MAKING

• Carries out complex and risky decisions that could impact the success of an entire division or business unit.

CLOSING DATE: 21 JULY 2023