Financial Accounting Specialist

icon building Company : Thungela
icon briefcase Job Type : Full Time

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Job Description - Financial Accounting Specialist

At Thungela, we believe in taking ownership of our actions and decisions. We use our expertise to positively influence our society and the mining sector by remaining connected to the people and the communities we are a part of. Our proactive and upright approach encourages active participation in creating value responsibly. We are committed to the safety of all people and show humanity to all by remaining united and connected. We pride ourselves in being a high-value company and strive for excellence in all we do by being well-informed, agile and having an entrepreneurial mindset.Job Description You will be responsible for directing the timely and accurate preparation, compilation, and distribution of financial reports, ensuring compliance with regulatory standards and transparent transaction reporting as well as ensuring the timely completion, compilation, and distribution of relevant sections of internal reporting, month end reporting, and external results. More of your responsibilities will include: Providing detailed contribution to the consolidation of financial reports including focusing on and reviewing specific accounting areas across all operations Overseeing and leading accurate presentation of financial statements for applicable entities, including the Thungela consolidated results and interim reporting requirements Reviewing of consolidated results, using information gained from the operations to assess accuracy Leading efforts to ensure strict adherence to accounting standards and regulations, facilitate timely communication of updates on financial reporting requirements, and conduct comprehensive evaluations of ongoing transactions for compliance Communicating updates to IFRS and other reporting requirements to Thungela's head office and mine reporting teams, ensuring timely implementation Aligning current financial reporting standards, processes, and systems with regulatory changes Assessing ongoing transactions for compliance with IFRS, and other relevant regulatory requirements Where relevant, drive engagement with the head office or operational finance teams to ensure appropriate and timeous reporting, analysis of transactions and process improvement Overseeing and ensure transparent transaction reporting and disclosure by applicable entities Driving accuracy, compliance, and operational efficiency of financial reporting processes by minimising risks, driving improvements, and implementing enhancements Overseeing month-end processes, including journal entry processing and submission of financial data, while also assisting in budget and forecast preparation for selected entities Contributing to the preparation of budgets, forecasts, and MOP (Management Operating Plan) information for selected entities, preparing additional reports and performing ad-hoc analysis as required Managing relationships with key internal and external stakeholders, understand and deliver on their operational needs, and identify and resolve issues timeously Leading operational budgeting and consolidation initiatives This role is in the finance department at band 6 and reports to the Head of Financial Reporting. Qualifications Bachelor's Degree in Finance, Accounting, or related disciplines (NQF level 7) Registered with SAICA CA (SA) advantageous Experience and knowledge Minimum 6 years' financial accounting experience. Previous experience in a coal mine environment (advantageous) Experience in a JSE Listed company

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