Management Accountant at Perseus Mining Limited

Perseus Mining (Tanzania) Limited (SMLC) is seeking a Management Accountant.

The Management Accountant will assist the Senior Management Accountant by providing timely, accurate and insightful financial and operational analysis to support effective decision making for a large-scale gold mining operation in Tanzania. The role focuses on cost control, budgeting and forecasting, operational performance analysis, and supporting compliance with company policies, Tanzanian regulations, and international reporting standards.

Key Responsibilities:

1. Management Reporting & Analysis:

• Assist in the preparation of monthly management accounts for the mine site, including P&L, cost centre reports, variance analysis and commentary.
• Analyse production, processing, maintenance, and support function costs, highlighting trends, risks and improvement opportunities.
• Maintain standard cost and unit cost models (e.g., cost per tonne mined, cost per tonne milled, cost per ounce produced).
• Work with operations (mining and processing) including supply chain teams to understand cost drivers and support data driven decision making.
• Prepare ad hoc financial analysis, scenario modelling and decision-support reports for management.

2.Budgeting, Forecasting & Planning:

• Participate in the annual budgeting process for the site, including operating and capital budgets.
• Prepare rolling forecasts (monthly/quarterly) for costs, production, and cash flow, incorporating operational plans and market assumptions.
• Challenge assumptions and ensure budgets and forecasts are realistic, aligned with mine plans and corporate guidelines.
• Provide clear variance analysis between actuals, budgets and forecasts, with explanations and corrective action recommendations.

3. Cost Control & Performance Management:

• Implement and maintain robust cost control frameworks, including cost allocation methodologies and cost centre structures.
• Monitor expenditures against approved budgets and authorizations, ensuring adherence to company policies.
• Support operations in developing and tracking key performance indicators (KPIs) related to productivity, efficiency, and cost.
• Identify cost saving and efficiency improvement opportunities across mining, processing, maintenance, G&A, and support functions.
• Participate in operational reviews and improvement projects (e.g., fleet optimization, maintenance planning, energy usage).

4. Capital Projects & Asset Management:

• Provide financial evaluation and analysis of capital expenditure proposals (e.g., NPV, IRR, payback).
• Monitor capital project budgets and actuals, including work in progress reconciliations and project close out reviews.
• Support asset life of mine planning and sustaining capital forecasting in conjunction with technical teams.

5. Compliance, Governance & Internal Controls:

• Ensure adherence to company policies, IFRS/IAS (or other relevant standards), and Tanzanian regulatory requirements.
• Support internal and external audit processes, providing requested information and addressing findings.
• Maintain strong internal controls over financial reporting, including reconciliations, approvals, and documentation.
• Assist in improving financial systems, processes, and procedures to enhance efficiency and control.

6. Stakeholder Engagement & Communication:

• Work closely with the Senior Management Accountant to provide financial insight and support.
• Present financial and operational performance to site leadership, explaining complex financial information in clear, non technical terms.

Qualifications & Experience:

• Bachelor’s degree in Accounting, Finance, Commerce, or related field.
• Professional accounting qualification preferred (CPA, ACCA, CIMA or equivalent).
• Minimum 5 years’ post qualification experience in management accounting or financial analysis.
• Experience in the mining industry (gold preferable) or other heavy industry/resources sector strongly preferred.
• Demonstrated experience in budgeting, forecasting, cost control, and management reporting in a large, complex organisation.
• Familiarity with Tanzanian tax and regulatory environment is an advantage.

Skills & Competencies:

• Strong financial and analytical skills with the ability to interpret and explain variances and trends.
• Solid understanding of cost accounting, standard costing, and activity based costing in an operational environment.
• Proficiency in ERP/accounting systems (e.g., SAP, Pronto, Sage) and advanced Excel skills; familiarity with BI tools is an advantage.
• High attention to detail combined with the ability to see the “big picture.”
• Strong communication and interpersonal skills; able to work effectively with multi-disciplinary, multicultural teams.
• Ability to work under pressure and meet tight deadlines in a remote or site based environment.
• Strong ethical standards, integrity, and commitment to health, safety, environment, and community (HSEC) values.

Working Conditions:

• Site-based role at a large gold mine in Tanzania; roster or residential arrangement as per company policy.
• Regular interaction with mine operations, including pit, plant, maintenance and logistics areas.
• May require extended working hours during month end, budgeting cycles, and project deadlines.

Key Performance Indicators (KPIs):

• Timeliness and accuracy of monthly management reports and forecasts.
• Quality and usefulness of variance analysis and decision-support insights.
• Effectiveness of cost control and contribution to cost reduction/efficiency initiatives.
• Quality of budgeting and forecasting (variance vs. actuals, responsiveness to changing conditions).
• Strength of internal controls and audit outcomes.

How to Apply:

Applications will only be received by email to [email protected] with the advertised job title Management Accountant as the subject line of the email.

Applications close on 3rd September 2026. Perseus Mining reserves the right to remove advertised roles prior to this date. Only shortlisted applicants will be contacted.