Overview
Sandvik Mining & Rock Technology, the leading global supplier of equipment and tools, service and technical solutions for the mining industry, currently has an opening for a Finance Manager in Mwanza, Tanzania.
Key performance areas
The Finance Manager position is accountable for the analysis and clear explanations and comments regarding the actual results, forecasts, and targets. The finance manager engages in financial analysis in such areas as forecasting, budgeting, engaging in cost reduction analysis, and reviewing operational performance. Mentoring and developing finance team. This position will report to the Managing Director, Tanzania.
Additional Responsibilities:
Operational
- Ensures that work is properly allocated and completed in a timely and accurate manner
- Support profitability analysis
- Engage in ongoing cost reduction analyses in all areas of the company
- Preparation and validation of business cases and investment proposals
- Consolidation and on time reporting of actual, forecast and target results
- Support Performance Management process, including KPI development and implementation
- Driver of Net Working Capital efficiency and overall business performance
- Provide tools for a standardized way of working within Business Control
- Provide administration support of Finance IT tools in day to day operations and as Finance representative for future developments
- Collaborates with other Head of departments to support overall department goals and objectives
Budgeting
- Manage the preparation of the company's budgets and forecasts
- Report to management on variances from the established forecast, and the reasons for those variances
- Assist management in the formulation of its overall strategic direction
Financial Analysis
- Review the performance of competitors and report on key issues to management
- Driver of improvements in both reporting and forecasting accuracy
- Engage in benchmarking studies to establish areas of potential operational improvement
- Interpret the company's financial results to management and recommend improvement activities
- Review company bottlenecks and recommend changes to improve the overall level of company throughout
- Participate in target costing activities to create products that meeting predetermined price goals
- Assist in the determination of product pricing in relation to features offered and competitor pricing
- Compile key business metrics and report on them to management
- Manage the capital budgeting process, based on constraint analysis and discounted cash flow analysis
- Create additional analyses and reports as requested by management
Personal Leadership
- Ensures that all activities are carried out in accordance with Company Values and current Company Policies and Procedures
- Takes responsibility for personal development and enhancement of skills
Your profile
You possess a Bachelor’s Degree in Finance or Accounting, or equivalent business experience. Ten years of progressively responsible finance or accounting experience. Exposure to the mining, construction or engineering industries.
Must be the Certified Accountant with CPA or ACCA / CA.
Strategic planning and operations experience. Excellent communication skills are essential, particularly regarding presenting the results of analyses to management.
The Finance Manager should also possess:
- Strong attention to detail
- Business acumen
- High level of financial analysis skills
- Problem solving skills
- Results oriented
- Outstanding knowledge of electronic spreadsheets