1. Financial Reporting and Analysis:
- Lead the preparation of financial reports (monthly, quarterly, and annual) in compliance with Philippine Financial Reporting Standards (PFRS) and International Financial Reporting Standards (IFRS), as applicable.
- Ensure the accuracy of mining-related financial data, including revenue from nickel sales, production costs, and operational expenditures.
- Provide in-depth financial analysis of cost structures, profit margins, and the overall performance of mining operations, focusing on cost of extraction, processing, and logistics.
- Maintain the financial dashboards and management reports, highlighting key performance indicators (KPIs) to assist in decision-making.
- Prepare the monthly trial balance, ensure accurate journal entries, and oversee the reconciliation of financial accounts.
2. Cost Accounting & Control:
- Oversee cost accounting for mining operations, including the tracking of production costs, inventory management (raw materials, mining equipment), and resource allocation.
- Monitor, analyze, and report on operational costs, identifying areas of inefficiency and implementing cost control measures.
- Manage capital expenditure (CapEx) and maintenance cost tracking, ensuring accurate reporting for asset management and depreciation schedules.
3. Budgeting and Forecasting:
- Assist in the preparation of the annual budget for mining operations, incorporating cost projections, commodity price forecasts, and capital investment requirements.
- Monitor budget variances, providing regular updates to senior management regarding cost performance and financial results.
- Participate in financial forecasting processes, adjusting financial strategies as necessary based on changes in market conditions, production targets, and operational costs.
4. Collaboration with Tax and Treasury Departments:
5. Compliance and Regulatory Reporting:
6. Internal Controls and Process Improvements:
- Implement and monitor internal controls to ensure the integrity and accuracy of financial reporting.
- Recommend improvements to accounting systems and processes, particularly in cost allocation, data management, and financial reporting efficiency.
- Ensure that financial controls meet both company standards and regulatory requirements for the mining sector.
7. Team Leadership and Development:
- Supervise and mentor a team of junior accountants and accounting assistants, providing guidance on accounting principles and mining industry-specific financial practices.
- Train team members on accounting systems, processes, and best practices.
- Foster a culture of continuous improvement within the accounting team to drive operational efficiency and effectiveness.
8. Ad-hoc Reporting & Special Projects:
Qualifications:
- Education:
- Bachelor’s degree in Accounting, Finance, or related field.
- Certified Public Accountant (CPA) preferred.
- Experience:
- At least 3-5 years of accounting experience, with at least 2 years in a supervisory role.
- Experience in mining operations or other resource-based industries (such as oil, gas, or energy) is highly preferred.
- Strong understanding of cost accounting, inventory management, and financial reporting in a manufacturing or mining context.
- Skills and Abilities:
- Proficiency in cost accounting for mining or manufacturing operations, including extraction, processing, and logistics.
- Familiarity with mining-specific financial regulations, including taxes, royalties, and government reporting.
- Excellent analytical skills with the ability to interpret complex financial data and draw meaningful insights.
- Advanced Microsoft Excel skills; familiarity with accounting software (e.g., SAP, QuickBooks, or mining-specific ERP systems) is a plus.
- Strong leadership skills with experience managing a small team.
- Ability to work effectively under pressure and meet deadlines.