Financial Accountant

Company Description

Join us as a Financial Accountant to take on the responsibility for financial reporting including the preparation of financial statements. Your role will also include supporting the Thungela Group Finance team to meet all governance, regulatory and statutory requirements.

Finances are vital, you’ll help us see where we’re going.

Thungela Resources [Thungela means “to ignite” in isiZulu] is a leading South African thermal coal business, focused exclusively on thermal coal production.  It is one of the largest pure-play producers and exporters of thermal coal in South Africa based on aggregate coal reserves and marketable coal production. Thungela focuses on exporting its thermal coal portfolio mainly to the Indian, Asian, Southeast Asian, Middle East and North African markets.

Job Description

Your focus will be on, but not limited to, ensuring accurate, timeous submission of information into Ramesys, accurate monthly costing per cost centre as well as ensuring forecasts are timeously updated. You will also be responsible for capturing accurate financial information into SAP and HFM.

More of your responsibilities will include:

• Completing monthly financial submissions that adhere to the Thungela accounting policies and practices, and are in line with the relevant accounting standards
• Ensuring financial submissions are loaded into HFM or other financial reporting system in a timely and accurate manner
• Assisting in the preparation of budget, forecast and MOP information for selected head office or operational entities, including requesting information from relevant stakeholders
• Preparing additional reports as required, including those related to subsidiaries and other investments, information related to the MOP process and other ad-hoc requests
• Performing ad-hoc analysis as required on significant transactions, identification and reporting of trends and unusual movements
• Performing SAP reconciliations and clearing reconciling items, while interrogating the data
• Processing journal entries to align intercompany and other accounts with supporting documentation
• Developing or enhancing forecast templates for financial reporting system uploads
• Reconciling financial systems to ensure accurate mapping and loading (SAP, HFM, Ramesys etc.)
• Ensuring VAT submissions are completed, including preparing the VAT schedules for input into statutory returns
• Preparing and reviewing financial statements or notes for various entities in the Thungela Group, including iXBRL tagging and CIPC submission
• Identifying areas of improvement in current processes as well as improved cost and commercial management
• Managing key stakeholder relationships, including understanding their requirements and delivering on their needs timeously

Qualifications

• Bachelor’s degree in in accounting or related Finance field
• Registered with SAICA CA (SA) advantageous

Experience

• Minimum 4 years in a financial reporting, month end close and forecasting field
• Previous experience in a Coal Mine environment (advantageous)

Additional Information

• Drivers Licence
• Proficient knowledge of relevant accounting standards and legislation applicable to financial accounting
• VAT Act
• Proficient knowledge on IFRS Standards
• Proficient knowledge of Generally Accepted Accounting Practices (GAAP)
• Proficient knowledge of Financial Accounting incl. budgeting and forecasting
• Proficient knowledge of Financial Reporting IM Systems including, but not limited to SAP, HFM and Ramesys

Who We Are

We’re a company that promotes an environment that inspires innovation and where people have a shared sense of purpose. Skills, experience, creativity, and agility underpin our ability to grow and thrive. This means building a diverse team of high-performing individuals who operate our sites safely, effectively and cost efficiently. Our people focus is centred on acquiring, developing and retaining the talent we need to take our business forward, safely and sustainably.

What We Offer

When you join Thungela, you can expect to enjoy a competitive salary and benefits package. But people want more out of their jobs than financial benefit alone. Being able to work with thought leaders, opportunities for development, strong values and a sound organisational culture all contribute significantly to a compelling employee value proposition.

Inclusion and Diversity

True diversity is about more than being an equal opportunities employer. It is about bringing out the best in people for the good of our business, its partners, and especially our employees. We’re committed to promoting an inclusive and diverse workplace where people are valued and respected for who they are and know exactly what value they bring to the table.