|Location||Swakopmund, Erongo Region, Namibia|
To assist the Management Accountant to provide a cost effective management accounting service in accordance with Swakop Uranium (SU) policies and procedures.
Key Performance Areas:
•Management reporting effectiveness: Prepare, improve and distribute management reports to management/budget holders to assess SU performance on a monthly basis; Produce management reporting against budget and business plan and perform variance analysis; Assist management accountant to drive cost savings through the budget process; Report on key business metrics in monthly management reports; Improve management reports including the monthly report and cash flow forecast; Assist Management accountant to prepare long term cash flow with updated information.
•Internal Control and Support: Propose and implement internal controls, policies and procedures; Ensure correctness of cost reporting ensuring that costs are allocated correctly; Conduct on-going cost analysis identifying problem areas & submit recommendations for corrective action; Continually improve management-, stock- and KPI reports, providing high quality information to budget holders and management; Support user departments through management reporting; Daily maintenance of SU’s approved insurance portfolio; Reporting and managing of all claims submitted to insurers keeping management abreast on the status of all claims.
•Budgeting and Forecasting: Develop, maintain, update and optimize the financial- and budget model for medium term and long term budget and forecast management; Assist in the coordination and consolidation of the annual CAPEX and OPEX budgeting process for final approval; Collate budget input data received from line management and cost accountants; Assist in the departmental budget reviews and report on inconsistencies and inaccuracies as to optimize departmental efficiency; Assist in the coordination of midyear budget revisions and forecasts; Assist in the identification and analysis of expenditure trends and performance against budget; Produce monthly management report on variances from the established budget, and the reasons for those variances through exception reports and explanatory information statements; Assist in scheduling and review of budget implementations through monthly cost meetings with budget holders; Provide input to support CAPEX and new business developments.
•Business Improvement initiatives: Engage in benchmarking studies to establish areas of potential operational improvement; Implement new knowledge/information by keeping abreast of developments and introducing change in work processes where appropriate; Identify and manage cost saving ideas and projects in order to assist the business in reaching its cost targets.
•Maintain External relationships: Establish and maintain relationships with external suppliers, software providers, regulatory authorities, individual or business customers and provides assistance with problems that may arise, ensuring a cost effective, quality service; Liaise with internal managerial staff and other colleagues; Respond to financial enquiries by analyzing and interpreting relevant financial data.
Requirements and experience:
•B.Com Degree in Management or Financial Accounting.
•Minimum 5 years’ experience in a Management Accounting environment.
•Sound experience in mining/metals management accounting and financial modelling, cost accounting principles and applications.
•Good management accounting report writing and cost analytical skills.
•Sound Management Accounting skills.
•Certified Chartered Accountant (“CA”) or Charted Management Accountant (CIMA) will be an added advantage.
•Advanced excel knowledge and experience in Financial Modelling will be an added advantage.
•Valid Code B/BE Driver’s License.
|Job Closing Date||11/06/2021|