About the position
Our client, a leading mining company, is currently seeking to engage with a Cost Controller to join their growing team to be based in Kathu, Northern Cape. This will be a 12 month contract, renewable for up to 3 years.
Reporting into the Project Controls Manager, the Cost Controller will support the project with stringent cost control measures, analyse cost performance, identify cost reduction opportunities, and provide sound commercial advice to the end users.
Minimum Requirements:
- National Diploma in Management Accounting/Finance (NQF6)
- Business Financial degree, e.g. B. Com or Degree in Management Accounting (NQF7) - preferred
- 3 - 5 years' experience in financial planning, analysis, and reporting - with required financial governance and compliance.
- Understand Project Management and the application thereof.
- In-depth knowledge of financial aspects and accounting principles, along with solid skills in execution and financial control.
- Record of accomplishment in continuous improvement.
- Understand procurement processes and systems.
- Knowledge of contract management.
- Willing to relocate to Kathu (Northern Cape), if not in the province
- Own vehicle and valid driver's license
Main duties will include, but are not limited to:
Safety, Health, and Environment
- Adhere to all safety, health and environmental practices and requirements.
- SHE policies and procedures:
- Escalate all unsafe practices or risks to the direct supervisor/manager.
- Support good housekeeping in the department and on-site to ensure compliance.
- Active participation in VFLs, Risk Assessments and close-out of Safety Actions.
Performance and Delivery
Financial Reporting & Analysis
- Provide financial support to other departments as requested to ensure operational efficiency and maintain data integrity through monthly accurate financial reports.
- Analyze monthly cost reports to eliminate deviations from the budget and supply "over cost" expenditure information to Finance in a timely and justified manner.
- Monitor the financial evaluation of business initiatives (cost and revenue ideas) to avoid deviations.
- Prepare and present financial performance reports to management, highlighting key trends and areas for improvement.
- Maintaining of cost control registers (actuals/commitments/accruals etc.)
- Validating contractor invoices and defined audit checks
- Preparation of cost reports
Cost Management and Compliance
- Continuously review and improve financial processes and controls to enhance compliance, efficiency and effectiveness.
- Maintain the development and management of a financial tracking system for audit purposes.
- Monitor the section's expenditure within the approved budget to ensure effective cost control and identify potential savings.
- Enforce compliance requirements and ensure team adherence to legal policies and corporate governance principles.
- Assist in developing and implementing cost control strategies and best practices across projects.
Stakeholder Engagement and Support
- Maintain appropriate stakeholder relationships, enhancing the corporate profile and fostering collaboration.
- Provide relevant financial support to applicable stakeholders, ensuring their needs are met effectively.
- Maintain internal and external relations, including interactions with external providers or other functions responsible for meeting business needs and achieving employee satisfaction.
- Collaborate with project managers to identify and manage financial risks throughout the project lifecycle.
Required technical skills:
- Proficiency in computer skills, particularly in using MS Office, including Excel, Word, and PowerPoint.
- Ability to make sound decisions based on available information and analysis.
- Capability to deliver precise and engaging presentations to various audiences.
- Strong research abilities to gather and analyse data effectively.
- Proficiency in analysing and interpreting complex information and data.
- Understanding of the essential principles governing effective financial systems.
- Ability to identify patterns and connections between information and unrelated situations.
- Able to judge situations from a business perspective and use business sense to identify and respond to opportunities.
- Able to scan the local and broader environment to gather diverse information potentially relevant to achieving objectives.
- Skilled in working effectively in different contexts, demonstrated by the capacity to amend one's approach to be in line with evolving circumstances and priorities.
- Professional reporting writing skills (minimum requirement that must be demonstrated).
Position interfaces with:
Internal Relationships:
- Project Manager, Area Project Manager
- Manager SIB Projects
- Manager Project Services
- VP Projects
- BU/Group Finance team
External Relationships:
- External auditors
- Suppliers engaged in finance department service provision.
- Contractors and consultants engaged in finance department work.
Desired Skills:
- cost controller
- mine
- mining
- finance
- project control
- financial reporting
- financial analysis
- project managment
- project lifecycle
- project planning
Desired Work Experience:
Desired Qualification Level: