The Role
The Management Accountant will provide financial insights, manage budgets, conduct variance analysis, and ensure compliance with regulations within a coal mining operation.
Summary Generated by Built In
Job Summary:
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
- Bachelor’s degree in Accounting.
- Professional certification (CPA-T, ACCA, CIMA, or equivalent) is an added advantage.
- 5–8 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.
Skills Required
- Bachelor's degree in Accounting
- Professional certification (CPA-T, ACCA, CIMA, or equivalent)
- 5-8 years of experience in management accounting
- Strong understanding of mining cost structures
- Proven experience in budgeting and forecasting
- Knowledge of Tanzanian tax laws and mining royalties
- Advanced Excel skills
- Experience with ERP systems (e.g., SAP, Oracle, Pronto)
- Fluency in English
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The Company
What We Do
Shugulika Africa Limited is a quality service provider with over 12 years of industry experience, specializing in recruitment, headhunting, HR consulting, training, payroll services, and other HR services.
