Manager, Financial Planning & Analysis
ZA
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
AngloGold Ashanti (“AGA”), a leading global mining company, boasts a vibrant and inviting culture that beckons new individuals to join its ranks. Embracing diversity and inclusion, the company fosters an environment where every employee is valued and celebrated for their unique perspectives and contributions.
Collaboration and teamwork are at the core of their culture, promoting a sense of unity and shared goals amongst employees. Additionally, AngloGold Ashanti prioritizes employee growth and development, offering ample opportunities for career advancement and professional enrichment.
Joining this dynamic organization means becoming a part of a culture that champions innovation, sustainability, and a commitment to making a meaningful impact in the mining industry and the broader community.
Objective of the role
The incumbent will be responsible for providing support services for the financial planning and the performance management process for Africa Business Unit and compiling management information for the region to support decision making and improved performance. The position will also work to facilitate the preparation of financial forecasts based, overall management and preparation of the annual budget and periodic revised forecasts and performance management through analysis, review, and preparation of periodic financial reports.
Education & Qualification
- Chartered Accountant (CA), Certified Institute of Management Accountants (CIMA), Master's Degree in Business Administration (MBA) or a Master's Degree in Economics or Finance.
- Professional certification in finance or accounting (e.g., CPA, CA, CMA, CFA).
General Knowledge & Experience
- 10+ years of progressive advanced financial leadership experience, with at least 5+ years in senior mining operational finance roles.
- Proven track record of driving financial strategy and influencing executive decision-making in the mining industry or adjacent capital-intensive sectors.
- Expertise in cost management, advanced analytics, and financial modelling, leveraging complex insights to optimize operational and financial performance.
- Proven ability for problem solving and using advanced strategic thinking to approach responsibilities.
- Deep understanding of mining operations, value chain economics, and industry-specific financial challenges and opportunities, with the ability to assess and drive strategic investments.
- Extensive experience in advanced financial planning, forecasting, budgeting, and management reporting, ensuring accuracy, efficiency, and alignment with corporate objectives and strategies.
- Strong leadership in cross-functional and geographically dispersed teams, with the ability to influence and align diverse stakeholders toward strategic financial goals.
- Strong communication skills, with the ability to convey complex financial information clearly and effectively to both financial and non-financial stakeholders.
- Proven ability to manage competing priorities and drive results in fast-paced, high-stakes environments.
- Strong technical expertise in financial modelling, analytics, and strategic financial planning.
- Advanced proficiency in financial systems such as HFM, TM1, SAP, and Power BI, with a focus on automation and process optimization.
- Demonstrated expertise in data-driven decision-making, financial forecasting, and risk management in capital-intensive industries
Financial & Strategic Expertise
- Demonstrate a deep understanding of financial and economic principles, including the gold mining value chain
- Required to have an advanced understanding of performance management principles, methodologies, and frameworks. This includes knowledge of key performance indicators (KPIs), balanced scorecard approaches, and performance measurement techniques
- Analyse, interpret, and consolidate financial data, reports, and statements to provide actionable insights
- A strategic mindset and the ability to align performance management initiatives with the organisation's overall strategic objectives are required. This includes identifying opportunities for performance improvement and developing strategies to achieve them
- Conduct financial feasibility studies, ROI analysis, and due diligence for investment projects
Analytical & Problem-Solving Skills
- Apply advanced analytical skills to identify trends, risks, and opportunities for financial optimization
- Utilize statistical methods to validate and interpret financial data with accuracy and precision
- Approach complex challenges with a structured problem-solving mindset and attention to detail
Leadership & Professional Conduct
- Exhibit strong planning and organizational skills while adapting to changing priorities.
- Take ownership of tasks, demonstrating diligence, dependability, and accountability.
- Uphold integrity, honesty, and continuous self-development to enhance professional effectiveness.
- Continuous improvement mindset through commitment to ongoing learning and refinement, seeking out opportunities for further optimisation even after initial improvements have been implemented.
- Strong organisational skills, enabling them to develop detailed plans, allocate resources effectively, and prioritise tasks based on their importance and urgency.
Collaboration & Communication
- Foster strong cross-functional relationships through effective communication and teamwork.
- Communicate complex financial insights clearly and concisely in both oral and written formats.
- Facilitate structured meetings and workshops to drive alignment and achieve business objectives.
Technical & Industry Knowledge
- Apply advanced management accounting principles and financial modelling techniques.
- Demonstrate advanced understanding of financial and economic concepts, commodities, commodity indexes, related analyst datasets and tools.
- A deep understanding of the organisation's industry is essential. This includes knowledge of industry trends, competitive landscape, regulatory environment, and best practices related to performance management.
- Stay current with industry trends and maintain specialized expertise in key financial areas.
- Leverage best-in-class methodologies and technology to optimize financial processes.
Operational & Project Oversight
- Identify opportunities for process improvements and implement solutions that enhance operational effectiveness.
- Ensure financial projects are aligned with strategic objectives, timelines, and key deliverables.
- Maintain a meticulous approach to detail, ensuring accuracy and consistency in financial analysis and reporting.
Desirable Skills
- Africa Tax and Fiscal Legislation
- Africa operating environment
- Advanced Microsoft OS and Office skills
Role Accountabilities
Planning, Budgeting, and Forecasting
- Define and oversee the advanced financial planning framework, ensuring alignment with regional and corporate objectives.
- Guide and influence the development of advanced and in-depth rolling forecasts, incorporating macroeconomic and microeconomic assumptions to enhance accuracy and strategic insight.
- Direct and influence the management, coordination, and execution of the regional annual business plan, operating budget, and revised forecasts to ensure financial alignment with business priorities.
- Oversee the review and validation of advanced and professional site-level forecasts and budgets, providing strategic feedback to enhance financial and operational accuracy.
Performance Management & Reporting
- Oversee the generation of advanced site based financial and operational reports, ensuring excellence in data integrity and delivering strategic insights to executive stakeholders
- On a regional level, accountable to provide accurate and professional quality reports and presentations to all stakeholders, internally and externally. To ensure effective and professional level communication to business units, collate submitted data into required formats and reports and update monthly and quarterly management reports
- Identifying and implementing performance management tools, technologies, and analytics capabilities to streamline processes, automate tasks, and generate actionable insights from performance data. Designing and implementing performance management systems and processes utilising advanced technologies, tools, and systems to improve the efficiency and effectiveness of performance management practices. Utilising big data, predictive analytics, and AI to forecast trends and identify opportunities for proactive strategic decisions.
- Lead comprehensive in-depth and professional business analysis, identifying and driving strategic initiatives to unlock performance improvements, enhance profitability and drive regional operational strategies
- Act as a key strategic advisor to operations, ensuring financial rigor in decision-making and driving accountability for performance outcomes
- Influence spend at sites, focusing on specific cost pools amounting to ~$200m per annum, to optimise cost and operational performance
- Peer group analysis to track and benchmark against the peer group and identify areas of opportunity.
- Leading efforts to identify opportunities for performance improvement and operational excellence across the region. Developing and implementing strategies, initiatives, and interventions to enhance performance, productivity, and efficiency. Leverage data analytics to gain insights into performance trends and make informed decisions aligning with strategic goals.
- Provide leadership in evaluating the financial feasibility of key strategic projects, expansions, and scenario planning to optimize capital deployment
- Oversee the development of advanced financial models and analyses to support high-impact business decisions and ad hoc executive requirements
- Build and maintain strong partnerships with business leaders and cross-functional teams, ensuring financial strategy is embedded across all levels of the organization
Remuneration
As per the AGA salary scales.
Application Process
Interested candidates who meet the requirements are invited to submit their applications, including a detailed CV and a cover letter addressing suitability for the role. All academic and work-related achievements to be clearly highlighted. AngloGold Ashanti is an equal opportunity employer and encourages applications from qualified individuals regardless of gender, race, religion, nationality, or disability. Experience in the manufacturing or mining sectors desired. Please note that applications should be submitted before close of business on 25 June 2025. Should you not hear from us within 30 days, please consider your application as unsuccessful.
AngloGold Ashanti Limited
Reg No: 1944/017354/06
Directors: G Patterson J Munanka KV Naidoo B Sangqu B Chauke