Supervisor - Budgetary Control and OPEX Analyst at Promasidor

To ensure accurate, timely, and insightful financial reporting through effective cost centre management, robust accrual and provision processes, and proactive business partnership. The role supports informed decision-making by providing detailed OPEX analysis, enforcing financial controls, and driving cost-saving initiatives across the organization.

KEY RESPONSIBILITIES

Coordination of cost centre review process:

• Agree cost centre review calendar with budget holders
• Generate monthly pre-close reports and analysis
• Conduct monthly cost centre reviews for all cost centres, providing adequate documentation.
• Conduct detailed analysis of all OPEX accounts
• Investigate and follow-up with responsible parties to resolve erroneous postings and raising necessary journals to correct them.
• Ensure adequacy and completeness of all entries in the accounts with correct classification to location and cost center.
• Report significant omissions in the account to management.
• Ensure that all necessary depreciations, amortisations and accruals are accurately captured in the account for each period
• Investigate and report OPEX variances
• Run post-close reports and extended trial balance for management accounts.
• Develop cost-saving initiatives for presentation to management, with subsequent implementation.

Ownership and reconciliation of all accruals and provision:

• Consolidate all accrual and provision schedules
• Validate all system-generated accruals
• Maintain and update accrual and provisioning model
• Reconcile provisioning model with system balances and management accounts

Business Partnership

• Monthly OPEX flash
• Monthly detailed cost analysis by account
• Accrual and provision model
• Monthly extended trial balance
• Ad-hoc analysis

EDUCATIONAL REQUIREMENTS

• Minimum 3 years’ experience on a similar role
• B.SC Accounting
• ACA or ACCA will be an added advantage

KNOWLEDGE

• MS Office Suite
• Advanced Excel user
• Business Intelligence (Additional advantage)
• Relevant IFRS standards

KEY COMPETENCIES & SKILL REQUIREMENTS

• Adherence to Professional ethics
• Adherence to Management policies/procedures
• Timely preparation and rendition of required reports
• Self-driven
• Team player
• Strong interpersonal skill