Senior Accountant: Modelling And Cost Report

Swakop Uranium - swakopmund, namibia

a month ago

MAIN PURPOSE OF THE JOB:

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

Specification

Key Performance Areas:

  • Prepare, improve and distribute management reports to management/budget holders to assess the company's financial performance on a monthly basis.
  • Produce management reporting against budget and business plan and perform analysis variances.
  • Assist Management Accountant to drive cost savings through the budget process.
  • Report on key business metrics and report on them in monthly management reports.
  • Improve management reports including the monthly report and cash flow forecast.
  • 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 bench marking 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

Requirements and experience:

  • Grade 12 with a Bachelors degree in Financial/ Management Accounting (B. Acc. / B. Com. / B. Compt.).
  • Honors degree in Accounting (CTA) will be an added advantage.
  • At least 5 years financial modelling experience.
  • Experience in the mining industry will be a distinct advantage.
  • Chartered Management Accountant (CIMA) will be an added advantage
  • Valid Code B/BE Drivers License.