Finance Director - Mining

Recruiter
Recruitment Matters
Location
Harare, Zimbabwe
Salary
Competitive salary
Posted
23 Oct 2024
Closes
21 Nov 2024
Ref
21431
Job role
Finance director
Experience level
Director
The FD will lead the Finance Function of the business and is responsible for sound financial management, planning and control, timely and accurate financial reporting, commercial oversight, compliance, and risk management. The FD will support the GM in cultivating a culture of excellence and high standards at the business, and in addition to close involvement in day-to-day operations will be involved in longer term strategic planning. The FD will maintain, build and foster strong relationships with local stakeholders, including banks, tax authorities, accounting firms, and regulatory bodies.

Key Responsibilities

Financial Management
  • The preparation of annual budgets and longer-term forecasts
  • The preparation of monthly management accounts comparing actual to budgeted performance and providing analysis on areas of variance. Regularly reviewing the company's performance and adjusting as necessary.
  • The preparation of quarterly reports to the Board.
  • Analysing the company's financial results with respect to profits, cashflows, trends, and costs, and reporting these findings. Interrogating expenses and optimising costs.
  • Using strong commercial acumen to identify value adding opportunities and to drive improved profits and business performance.
  • Managing the interim and year end audit process, ensuring clean audits, and ensuring that recommendations from the auditors are implemented.
  • Managing tax compliance and tax efficiency across the business.
  • Managing the capital structure of the business, and careful oversight of the company's debt facilities. Close involvement in potential fundraising initiatives to support the company's growth.
  • Implementing and maintaining strong internal controls across all key areas of the business.
  • Risk management: identifying risks and implementing strategies to mitigate them.
  • Providing strategic recommendations to the GM and members of the executive management team.
  • Advising on long-term business and financial planning.

Compliance
  • Ensuring compliance with all relevant regulations, including but not limited to financial, legal, tax and accounting requirements and principles.
  • Monitoring and managing the company's compliance profile, ensuring adherence to local laws and statutory requirements.
  • Co-ordinating the company in all aspects of corporate governance including board and sub-committee meetings.

Leadership
  • Collaborating closely with the GM to ensure strong leadership that promotes trust among stakeholders in the business.
  • Establishing, developing and maintaining good relations with the board, employees and external partners and stakeholders.
  • Corporate culture: cultivating a strong corporate culture of excellence and high standards; and encouraging collaboration across different departments.
  • Decision support: collaborating on cross-functional decisions that affect key aspects of the company.
  • Leading the Finance Team, providing guidance, training and mentorship as appropriate.
  • Ensuring the finance team is motivated, with high engagement and retention. Implementing regular performance monitoring and feedback, developing talent and effectively managing any poor performance.
  • Ensuring adequate and appropriately skilled and experienced staffing.

Qualifications and Experience
  • Bachelor's degree in accounting, finance, or a related field.
  • Chartered Accountant (CA), CIMA or similar qualification.
  • Significant experience in finance and accounting, with at least 6 years in management positions of which at least three years should be in a mining business.
  • Experience with underground mining and the accounting thereof would be a positive.
  • Proficiency in accounting software platforms and advanced Excel skills.
  • Excellent organisational, communication, leadership, and negotiation skills.
  • Existing local networks with various stakeholders such as banks, the tax authority and regulatory bodies would be a positive.

Personal Attributes
  • High ethical standards and integrity.
  • Attention to detail with strong commercial acumen and analytical skills.
  • Proactive, decisive, with the ability to drive change and deliver results.
  • Excellent interpersonal and team-building skills.
  • Networking: ability to build and maintain strategic relationships that can benefit the company.
  • Innovation: a forward-thinking approach to drive innovation and change within the company.