Midrand: Finance Manager posted by Ikwezi Mining (Pty) Ltd
Posted on 2025-06-06 00:00:00
| Employer | Ikwezi Mining (Pty) Ltd |
|---|---|
| Category | Finance/Accounting Management |
| Location | Gauteng / Midrand |
Job Summary
General :
- Implement accounting systems and processes for the organisation
- Overseeing the duties and performance of accounting team
- Detect and prevent financial frauds that may arise
- Laise with auditors and other stake holders
Financial Reporting:
- Prepare and analyze accurate and timely financial statements in accordance with accounting principles.
- Prepare and present monthly management accounts which includes income statement, balance sheet, cash flow and ration analysis.
- Ensure compliance with relevant regulations and reporting standards.
Month-End and Year-End Close:
- Lead the month-end and year-end close processes, including reconciliation of accounts and preparation of adjusting journal entries.
- Collaborate with cross-functional teams to gather necessary financial data.
General Ledger Management:
- Maintain and reconcile general ledger accounts, ensuring accuracy and completeness
- Investigate and resolve discrepancies or variances in financial records.
Budgeting and Forecasting:
- Contribute to the budgeting and forecasting processes by providing accurate financial data and analysis.
- Assist in monitoring actual performance against budgeted figures.
Financial Analysis:
- Conduct financial analyses to identify trends, variances, and opportunities for improvement.
- Provide insights and recommendations to management based on financial data.
Audit Support:
- Support internal and external audit processes by preparing audit schedules, providing necessary documentation, and addressing auditor inquiries.
- Implement audit recommendations to enhance internal controls.
Tax Compliance:
- Assist in the preparation of tax returns and ensure compliance with tax regulations.
- Collaborate with tax professionals to address tax-related inquiries and support tax planning.
Fixed Assets Management:
- Manage the accounting for fixed assets, including capitalization, depreciation, and disposal.
- Ensure accurate and up-to-date records of fixed asset transactions.
- Review the accuracy of wear and tear schedule/
Financial Systems Maintenance:
- Oversee the maintenance and integrity of financial systems and databases.
- Collaborate with IT and other departments for system enhancements or upgrades.
Team Leadership and Training:
- Provide guidance and mentorship to accountants and ensure timely work execution.
- Conduct training sessions on accounting processes and procedures
Minimum requirements:
- Chartered Accountant would be preferred with 5-6 years of work experience. Or Financial Manager with Honours Degree and 6 years+ experience
- Mining experience would be an advantage
- Good understanding of IFRS, SARS & SARB Regulations.
- Substantial experience in accounting roles, with a focus on financial reporting and analysis
- Proficiency in accounting software and Microsoft Excel
- Strong understanding of accounting principles and financial regulations
- Excellent analytical and problem-solving skills
- Effective communication and interpersonal abilities
- Detail-oriented with a high level of accuracy
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