EXECUTIVE SEARCH STATUS: Current

 

POSITION: Financial Director

 

NATURE OF BUSINESS: Mining Company in Namibia

                                

JOB LOCATION: Namibia

 

SUMMARY OF EXECUTIVE OPPORTUNITY:

 

  • Responsible and accountable for all financial and accounting functions including the development of strategies for sustainable value creation and for supporting senior management in strategic decision making.

  • Responsible for implementing and monitoring effective financial and risk control systems and ensuring relevant and accurate financial reporting systems and stakeholder engagement

  • Formulating financial strategy and policies taking account of the Mine’s and its Shareholders’ business strategy, policies, generally accepted accounting policies and standards, statutory frameworks and regulations.

  • Identification and reporting of all economic, financial, regulatory risks to the organisation and recommendation of mitigating actions.

  • Financial analysis and reporting, including all internal and external financial submissions and all regulatory submissions (IFRS format and activity based costing).

  • Compliance to all financial aspects of statutory and regulatory requirements of the Companies Act, Income Tax Act, Value Added Tax (VAT) Act and Minerals Act.

  • Facilitate LOM budgeting process within a cost control system, analyse compliance to budget, review and report on reasons for variances and advise best practice solutions for variances.

  • Evaluation of capital project submissions; compilation of applications to the Board and reporting project status and operational requirements; determination of assets to be capitalised and the depreciation thereof according to relevant policies and standards.

  • Oversee the execution of a comprehensive budgeting process and co-ordinate the effective financial management practices of the overall business.

     

    KEY EXECUTIVE ATTRIBUTES REQUIRED:

     

  • Essential to hold a Chartered Accountant qualification. Additional post graduate qualifications would be desirable

  • Eight to ten years of progressively responsible financial experience for a major company or division of a large corporation

  • Preferably someone who has worked in Namibia and is familiar with business and relationships in the country

  • Mining company experience covering a broad range of activities such as financial, commercial and systems skills

  • Detailed understanding of mining economics and impacts on business short/long term perspectives

  • Experience in the application of analytical methods with an emphasis on corporate decision making.

  • Must understand the Mine planning cycle

  • Ability to see the value drivers in the business and drive areas for improvement

  • Previous experience in supporting shareholders and the Board both is successfully running the current business and in M&A (preparing and reviewing materials, interfacing with external investors, preparing Board presentations).

     

    Send your details in confidence to: palesa.rasentsoere@woodburnmann.co.za

     

    Note: Should you be interviewed by Woodburn Mann you will be asked to sign a consent form to permit us to verify your qualifications. Scanned copies of your degrees and diplomas may be asked for and can be sent to us when sending us your educational and career details.