Mine (Cost) Accountant

Role Description

ROLE TITLE: Mine/ Cost Accountant

Based in Burgersfort Area, Limpopo

Description Of Role

To assist the General Manager in the contract management of Mooihoek Chrome Mine as agreed between Umnotho weSizwe Resources and Mining Contractor and compliance to all statutory requirements.

PLEASE NOTE THAT ONLY BLACK SOUTH AFRICANS WILL BE CONSIDERED.

Key Accountabilities

• Develop and implement appropriate accounting systems that will accurately capture the activities of mine.
• Development, implementation and monitoring of Activity Based Costing to determine production costs
• Implement and manage financial control systems (Procurement to Payments)
• Assist in best procurement decisions and strategies.
• Produce Monthly annual cost reports
• Zero based costing
• Budget preparation, control and forecasting
• Contract cost negotiations
• Review Contract costs and approval
• Day to day accounting from books of prime entry to financial statements.
• Producing periodical (weekly, monthly, quarterly and annual) board financial reports
• Running allocation reports and ensuring all project cost are allocated correctly
• Implementation and monitoring protocols and procedures are followed and supervision of store personnel.
• Manage and oversee the petty cash process
• Checking project duration and schedules to ensure all projects are running according to plan.
• Authorise daily spend and ensure all expenses are valid and according to budget
• Maintain and analyze the general ledger accounts.
• Participation in weekly operational meeting in order to obtain an in depth knowledge on technical aspects and identify key expenditure areas.
• Perform frequent visits to the shaft sites and mining working areas to ascertain if proper
• Accounting controls and procedures are being applied and identify different costing sectors in order to minimise risk factors if there are any.
• Running profit and loss reports to ensure all expenses are correctly entered into the company’s books.
• Drafting of auditors working papers
• Any other duties as the General Manager may assign from time to time.

Educational Qualifications And Experience

• B Degree/Diploma in Accounting with emphasis on cost management and 5 years post qualification experience, 3 of these years should have been in a Cost Accountant capacity.