Finance Manager Metallurgy

FINANCE MANAGER: METALLURGY

Location: MonteCircle, Fourways, South Africa

Business Unit: Finance BME Metallurgy

Reports To: Finance Director

Join BME and shape the future of mining.

BME, a division of Omnia Holdings, is a leading global provider of blasting and mining solutions, partnering with customers to improve safety, productivity and sustainability across the mining value chain. Combining advanced blasting technology, digital innovation, explosives and technical expertise, we help mining operations solve complex challenges, optimise performance and unlock value. From open-pit mines to underground operations, our solutions support responsible, efficient mining and enable the critical resources needed to power modern economies.

As part of Omnia Holdings Limited (JSE: OMN), you'll join a global, diversified business operating across the agriculture, mining and chemicals sectors. With operations in 23 countries, customers in more than 40 countries, over 70 distribution centres, and approximately 3,800 employees worldwide, Omnia develops innovative products, technologies and services that support food security, responsible mining and sustainable industrial development. Through science, innovation and collaboration, we help customers use resources more efficiently, solve complex operational challenges and create lasting value for a changing world.

At Omnia, you'll have the opportunity to work alongside industry experts, contribute to meaningful challenges, and grow your career in a purpose-led organisation committed to innovation, learning and sustainable impact.

Innovating to enhance life, together creating a greener future.

Role Impact

To manage the financial function in Mining (including the foreign operations as per territorial allocation) to ensure that financial risks, practices and processes are planned, organised, and controlled in line with statutory and professional prescriptions, and to meet the mission and vision of the Mining business.

Key Responsibilities

Reporting – To oversee and ensure that the monthly and quarterly reporting processes for the respective countries and deadlines are met. To identify opportunities for the organization through. Analysis, comparison and benchmarking to improve financial performance, and assess the current or future financial status of the organization

• Analysis of actual vs. forecast and budget - Monthly and YTD performance.
• Analysis of actual vs, prior year
• Compiling information for the Business Review Process
• Fully reconciled transactional processing
• Executing of ad-hoc reporting requirements
• Overall review of the ledger and IS, BS, CF

Cashflow – To effectively manage the cash management cycle to optimize the company cash position

• To effectively forecast cashflow positions, ensure that sufficient funds are available to meet ongoing operational and capital investment requirements, together with Group Treasury and the Financial Director. Assist with mitigating financial risk related to interest and manage BME's cash management practices and policies to ensure positive financial health.
• Analysis of actual versus forecasted cashflow position
• Liaising with Group Treasury on any cashflow requirements
• Review Cash flow forecast and reconcile the gaps and provide insight to changes
• Understand the capex forecasting and the impact on cash flow

Balance Sheet Management – to manage and report on the balance sheet and activities that highlight the net working capital and cash requirements. Ensuring that accurate and complete balance sheet recons for all accounts are performed and reviewed to quantify any balance sheet risk.

• Fixed assets accounts are accurately reconciled and register maintained and reviewed monthly
• Inventory is reconciled and the risk quantified and duly provided for
• Overseeing and highlighting any issues in accounts payable/receivable to the respective parties.
• Conduct detailed monthly recon review of balance sheet
• Analysis of key balance sheet accounts
• Simplify, improve and harmonise existing and complex processes and systems for account reconciliations and month-end closing

Control Environment

• To oversee the annual audit preparation process and ensure compliance to legislation
• Review audit packs completed by in country finance team
• To actively implement changes which will result in closed audit findings
• To manage and implement policies received from Risk, procedure and processes to ensure process excellence and continual process improvement
• To develop accounting policies and procedures in order to ensure adherence to all relevant accounting framework and statutory compliance
• Draft policies and procedures and implement such policies and procedures to ensure appropriate internal financial controls are in place and monitor the compliance to such controls
• Reviewing of annual financial statements in accordance to International Financial Reporting Standards
• Set up business processes to deliver successful outcomes, assess their effectiveness and review performance measures relating to each
• Identify opportunities for synergy and integration of processes and influence others to identify more efficient sustainable processes

Financial Business Partner

• Review of the business
• Reporting per business unit, product and customer
• Manage cost challenge processes and work closely with the business to ensure key performance indicators are measuring the right metrics
• Supporting and product development units and the manufacturing departments
• To oversee, manage and provide advice and technical assistance with cost analysis and fiscal allocation

Budgeting

• Assisting the Regional financial managers with compiling their country budgets
• Responsible for ensuring the budget reflects accurately in Vena
• Review of the budgets once finalized
• Monitor monthly performance against actual

Other

• To continuously develop skillsets and high-performance leaders and employees through mentoring, technical and business training and challenging assignments that build confidence and demonstrate the finance team's ability to make significant contribution to Finance and BME operations.
• Manage and communicate all aspects of the performance management process, ensuring alignment with development plans
• Ensure accountability among the team to set stretch targets; drive challenging targets and review functional performance against these targets
• Effectively manage change management along with potential conflicts to maximise acceptance and cooperation and achieve business objectives

Qualifications

• CA (SA) or CIMA
• MBA qualification advantageous

Experience

• Minimum 5 years post articles experience, preferably with multinational (Africa) exposure essential
• Experience in manufacturing/mining environment
• Minimum 3 years people and general management experience

Key Competencies

• Business Acumen
• Conflict Management
• Customer Focus
• Timely Decision Making
• Developing Direct Reports and Others
• Functional Technical Skills
• Innovation Management
• Integrity and Trust
• Motivating Others
• Problem Solving

Diversity, Equity & Inclusion

Adverse team drives stronger outcomes. At Omnia, we are committed to creating an inclusive workplace where every individual is valued, respected and empowered to contribute. We believe that diverse perspectives, experiences and backgrounds strengthen our ability to innovate, solve complex challenges and create sustainable value. We welcome applications from suitably qualified candidates who share our commitment to excellence, collaboration and making a positive impact.

Thank you for your interest

Thank you for considering a career with Omnia. We appreciate the time and effort invested in your application. Our Talent Acquisition team carefully reviews every application received. While only shortlisted