Manager, Cost Leadership

112 Oxford Road, Houghton Estate, Johannesburg, 2198

Private Bag X 20, Rosebank, 2196, South Africa   

Tel: +27 (0) 11 637 6000

Fax: +27 (0) 11 492 0233  

Website: www.anglogoldashanti.com

About AngloGold Ashanti

AngloGold Ashanti (AGA) is a leading global gold mining company, with a diverse portfolio of operations, projects, and exploration activities across the Americas, Africa, and Australia. Our purpose is to create value for our stakeholders through safe and sustainable mining, and our people are the driving force behind our success.

Role Purpose

AGA strives to produce gold in a way that is as cost-effective as possible. A relentless focus on achieving the best possible all-in sustaining cost per ounce, referred to as Cost Leadership, is a key priority across AGA. Cost Leadership requires Finance and Operations working together in a disciplined way to understand what work is being done on site, how this will translate into cost, and where things can be done more efficiently. The intended result is delivering the most value out of every dollar spent.

Cost Leadership is not a short-term initiative; it requires a sustainable effort to build capability and improve transparency and accountability. With this in mind, AGA has developed a Cost Leadership system, primarily centered around a global Cost Management standard and playbook. The Finance teams within each region are accountable for implementing the standard and working together to improve the standard.

Reporting to the Vice President Finance, Africa, the purpose of the Manager Cost Leadership Capability, Africa is to coordinate and drive the consistent application of the global Cost Leadership standard across the Africa region and coach the Finance Business Partners at the African sites to deliver improved Cost Leadership outcomes.

This role requires regular travel to the African sites.

Key Accountabilities

• Coordinate the rollout and application of the Cost Leadership standard across the African sites, working closely with the Finance Business Partners and Operations stakeholders at each site.
• Ensure the consistent application of the Cost Leadership standard across the African sites.
• Coach the African Finance Business Partners to deliver improved Cost Leadership outcomes, with a focus on the expected (a) technical and analytical skills, and (b) behavioural skills.
• Seek feedback from Africa Operations stakeholders on the progress of Cost Leadership and use this to improve the application of the Cost Leadership standard across the African sites.
• Review technical reports and data for the African sites, providing feedback and improvement suggestions to the Finance Business Partners.
• Coordinate periodic Cost Leadership maturity assessments across the African sites.
• Facilitate the sharing of Cost Leadership insights, opportunities and challenges across the African sites and Finance Business Partner network, as well as proactively collaborate with Finance peers in other regions.
• Proactively collaborate with the central AGA Cost Leadership team to advise suggested improvements to the global Cost Leadership standard.

Education and Qualifications

• Bachelors degree in a Finance discipline.
• Qualification in coaching or social sciences is an advantage.

Experience

• 10+ years finance experience.
• Strong experience in the mining industry.
• Strong experience in operations or working closely with operational teams.
• Experience contributing to operational routines, for example daily shift-start/toolbox/Lean meetings, weekly site performance meetings.
• Experience coaching individuals to high performance, ideally in an operational environment.

Technical Knowledge

• Strong knowledge of Cost Leadership principles and practices, particularly related to routines, KPIs and activity drivers.
• Proven ability to translate financial data into business insights.
• Knowledge of effective coaching techniques and practices.
• Analytical mindset with strong problem-solving and decision-making abilities.

Leadership and Behavioural Competencies

• Proven ability to lead change.
• Skilled in engaging and influencing leaders and employees at all levels and in developing positive relationships with key stakeholders.
• Proven ability to influence without authority and resolve conflicts.
• Excellent communication, presentation and collaboration skills.

AngloGold Ashanti Limited

Reg No: 1944/017354/06

Directors:  G Patterson     J Munanka     KV Naidoo     B Sangqu     B Chauke