Website Seriti
Seriti is a broad based, 91% black owned and controlled South African mining company co-owned by four black anchor shareholders, Masimong Group, Thebe Investments, Zungu Investments (Zico) and Community Investment Holdings (CIH). With Dr Anna Mokgokong and Mike Teke respectively as Chair and CEO … read moreat the helm, the company is directed by a board and management team who collectively have significant and relevant experience in the acquisition, operation and development of large-scale coal operations in the country.
Key responsibilities include:
Project Accounting & Reporting
Maintain detailed project accounts, ensuring proper costing.
Prepare monthly project financial statements and management reports.
Ensure proper allocation of indirect costs and overheads.
Budgeting & Forecasting
Assist in preparing annual project budgets and periodic forecasts.
Track project variances and provide explanations to management.
Revenue & Cost Recognition
Apply correct accounting treatment for revenue.
Ensure costs are captured accurately in alignment with project agreements.
Cash Flow & Funding Management
Monitor project cash flows, funding requirements, and capital drawdowns.
Liaise with treasury accountant and project managers to ensure liquidity for project execution.
Compliance & Audit Support
Ensure compliance with IFRS and local statutory requirements.
Provide documentation and support for internal and external audits.
Stakeholder Engagement
Act as a point of contact between finance, project managers, and external stakeholders.
Provide financial insights to support decision-making and risk mitigation.
EDUCATION AND EXPERIENCE
Bachelor’s degree in Accounting, Finance, or related field (essential).
Professional qualification (e.g., CA(SA), CIMA, ACCA, or ACT treasury certification) advantageous.
3–5 years of experience in project accounting or project finance, ideally within renewable energy, infrastructure, or large-scale capital projects.
Experience with budgeting, forecasting, and financial reporting in complex project environments.
Exposure to funding agreements, donor/grant reporting, or project financing structures is a plus.
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