Senior Accountant: Modelling and Cost Reporting at SWAKOP URANIUM

MAIN PURPOSE OF THE JOB:

To provide a cost effective management accounting service in accordance with Swakop Uranium (SU) policies and procedures.

Key Performance Areas:

• Prepare, improve and distribute management reports to management/budget holders to assess the company’s financial performance on a monthly basis.
• Assist Management Accountant to drive cost savings through the budget process.
• Report on key business metrics and report on them in monthly management reports.
• Assist Management Accountant in preparing long term cash flow with updated information.
• Propose and implement internal controls, policies and procedures.
• Ensure correctness of financial models.
• Conduct on-going cost analysis, identifying problem areas and submit recommendations for corrective action.
• Continually improve the existing financial model to better suit the dynamic nature of the business.
• Develop, maintain, update and optimize the financial model 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 reporting on inconsistencies and inaccuracies as to optimize departmental efficiency.
• Assist the Management Accountant in the coordination of midyear budget revisions and monthly 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 the review of budget implementations through monthly cost meetings with budget holders.
• 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.

Requirements and experience:

• Bachelor’s degree in Financial/ Management Accounting (B. Acc. / B. Com. / B. Compt.).
• Honours degree in Accounting (CTA) will be an added advantage.
• 5 years minimum financial modelling experience.
• Experience in the mining industry will be a distinct advantage.
• Valid Code B/BE Driver’s License.