Company Description
-De Beers Technology
De Beers Technology has operations in both Cape Town and Johannesburg, South Africa and is part of the De Beers Group. We deliver technical services and technology systems to increase the efficiency and effectiveness of the De Beers Diamond value chain from exploration to diamond recovery. Activities include marine geophysical survey, sampling, mining, projects, engineering, technology development and maintenance. We provide specialized diamond processing and recovery technology for the De Beers Group Exploration and Mining Operations. We are the industry leader in marine mining practices resulting in the most successful and advanced marine mining equipment and operations globally.
-This role is reports to the Senior Commercial Manager
The Financial Reporting Manager plays a pivotal role in managing the and overseeing the financial accounting and reporting section.
Primary purpose of the role:
The annual financial statements are accurate and in compliance with IFRS and relevant laws and regulations and advising the business on accounting matters.
To ensure not only technical compliance with all appropriate accounting standards and reporting regulations but also ensuring strict management of the tax compliance activities in the countries in which the company operates, inclusive of any budgeting, forecasting and other financial planning activities.
To enhance the existing financial, accounting and control systems, policies, and procedures with an insight of using technology systems to maximize efficiencies.
Optimises the effectiveness of the section by analysing trends and implementing action to ensure optimal process and performance standards.
Build and maintain network across a wide range of stakeholders, both internal and external.
Formulates clear deliverables for the financial reporting section.
The incumbent is accountable for ensuring:
Management of Finance reporting team
+ Manage a team of direct reports and ensure that the team is resourced and capable of supporting businesses with technical accounting questions as they arise
Financial reporting and statutory returns
+ Review the submission of the monthly, interim, and annual HFM/AFC reporting and ensuring adherence to International Financial Reporting Standards, company standards and legislative/regulatory requirements.
Accurate and complete presentation of the Company's cash position and dividend value for declaration to shareholders.
+ Manage the preparation of cash flows, forecasting and reporting.
Accurate and complete presentation of financial reporting. compliance and regulations
+ Formulates the accounting policies of the company in accordance with International Financial Reporting Standards (IFRS) and aligns to Group policies and presents to the financial manager for approval.
Taxation Management: accurate and complete presentation of statutory reporting
+ Prepares the budget, forecast and annual income tax pack and tax liability of the company.
Payroll Accounting: Effective management of the payroll accounting requirements
External and Internal Audits: Manage the external and internal audits of the company
Broad-Based Black Economic Empowerment: Manage the total quarterly vendor spend based on the preliminary split of vendor spend and report to procurement pillar lead.
Respect and ethical standards: Maintains high ethical standards both personally and professionally
Qualifications
-Formal qualifications:
CA (SA) with 3 years of post-article experience and solid exposure to accounting and corporate taxation
Appropriate Honours Finance or Commercial qualification would be considered
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