Job Description

Closing Date 2025/07/24
Reference Number AEC250710-1
Pillar AECI Mining
Job Title Senior Accountant
Job Type Classification Permanent
Job Grade DU
Number of Positions 1
Location - Town / Site Woodmead
Location - Province Gauteng
Location - Country South Africa

Purpose of the job : To oversee the financial health of AECI. You will manage financial reporting, budgeting, auditing, and forecasting activities. Your role involves ensuring compliance with accounting standards and regulations while providing strategic financial insights to senior management.
Planning and Budgeting

• Assist with the AECI entity budget process, in conformance with the AECI guidelines and principles.
• Assist with monitoring and controlling expenditure within the approved level, ensuring compliance with budgetary control procedures and policies.
• Manage the budget and forecast reports for the Income Statement and Balance Sheet.

Financial Management and Reporting

• Coordinate the compilation of financial information in preparing financial statements, including monthly and annual reporting.
• Ensure financial records are maintained in compliance with accepted policies and procedures.
• Oversee the creation of new GL accounts and cost centres.
• Prepare monthly and year-to-date financials with accompanying analysis of results and insight into variances.
• Coordinate the monthly management reporting packages.
• Ensure all financial reporting deadlines are met.
• Review financial reconciliations (including GL).
• Authorise month-end journal postings.
• Prepare month-end and year-end Cognos reporting packs.
• Investigate and resolve accounting discrepancies and irregularities.
• Coordinate monthly and year-end financial reporting.
• Conduct ad-hoc financial analysis as required.
• Ensure the export provision is cleared every month.
• Prepare and maintain accounting records up to the draft of financial statements stage.
• Monitor filing deadlines for a portfolio of clients.
• Liaise with other staff and departments dealing with other aspects of a client's regulatory requirements.
• Review accounting statements, expense reports, and standard forms for accuracy, completeness, and conformity to procedures.

Intercompany Loan Accounts

• Maintain intercompany loan accounts.
• Oversee intercompany monthly confirmations.
• Oversee monthly intercompany reconciliations.
• Manage relationships with AECI subsidiaries.

Hedging Process

• Maintain the hedging process in line with AECI Treasury policy & ensure that all imports and exports are hedged accordingly weekly.
• Oversee treasury reconciliation and submit to AECI as per the deadline.
• Request the draw in of contracts by AECI for FEC payments.
• Request spot cover to be taken out by AECI for Rand payments.
• Ensure compliance with all legislation in relation to SARB & accounting matters.

Treasury and Cash Management

• Follow up with FSSC on any outstanding bank reconciliation items.
• Inform FFSC of the minimum amounts required to open bank accounts in country.
• Liaise with banks on any queries.
• Manage relationships with banks and financial institutions.
• Manage monthly management accounts for a portfolio of internal and external customers.
• Correspond and interact with clients to obtain information required to complete tasks and to make them aware of filing deadlines and other obligations.

Qualifications & Experience

• Minimum: Post-graduate / Honours Degree in Accounting and or Finance
• Member of a recognised professional Institute, Nationally, Regionally, or Internationally.
• Registered member of SAICA: CA (SA)
• Minimum 5-8 years' experience as an Accountant.
• Proficiency in accounting software (SAP) and advanced Excel skills. Familiarity with ERP systems and financial reporting tools.
• In depth experience of managing multi-dimensional programmes, deadlines, and large budgets.
• Engagement with diverse, external international stakeholders in managing legislative risk.
• ERP system /SAP R3
• Internationally Accepted Accounting Standards (IAAS)

Personal attributes

• Analytical Skills
• Attention to Detail
• Critical Thinking
• Ethical Conduct
• Coping with Pressures and Setbacks
• Delivering Results and Meeting Customer Expectations
• Relating and Networking
• Planning & Organising
• Deciding & Initiating Action
• Adhering to principles and values
• Presenting and Communicating Information