Our client is seeking a Management Accountant to play a critical role in delivering timely and accurate financial insights, analysis, and costing reports to support operational and strategic decision-making within a coal mining operation. The role focuses on cost control, budgeting, forecasting, variance analysis, and performance reporting in a high-cost, regulated environment, reporting directly to the Mine Finance and Costing Controller.
Responsibilities:
Prepare and analyze monthly management accounts and detailed cost reports across mining operations.
Develop, monitor, and update annual budgets and rolling forecasts aligned with production plans and operational metrics.
Conduct variance analysis (actual vs budget/forecast) and investigate significant cost deviations.
Provide cost-benefit analysis, scenario modeling, and financial evaluations for projects and operational decisions.
Track and report key unit costs (e.g., cost per tonne, overburden cost, cash cost per saleable tonne).
Ensure compliance with tax regulations, mining royalties, and financial reporting standards (IFRS/TAS).
Manage inventory accounting (spares, fuel, explosives, coal stock) including reconciliations.
Prepare cash flow forecasts and working capital analysis.
Collaborate with operational departments to improve cost visibility and drive cost-saving initiatives.
Support audits (external, tax, regulatory) and reporting obligations.
Contribute to financial risk management in a volatile commodity and forex environment.
Requirements
Bachelorâs degree in Accounting.
Professional certification (CPA-T, ACCA, CIMA, or equivalent) is an added advantage.
5â8 years of experience in management accounting, with at least 3 years in mining, heavy industry, or manufacturing.
Strong understanding of mining cost structures and costing methodologies.
Proven experience in budgeting, forecasting, and variance analysis in complex operations.
Knowledge of Tanzanian tax laws, mining royalties, and regulatory frameworks.
Advanced Excel skills and experience with ERP systems (e.g., SAP, Oracle, Pronto).
Fluency in English; Kiswahili is an added advantage.
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