Senior Management Accountant at Perseus Mining Limited

The Senior Management Accountant is responsible for leading the site’s management accounting,

budgeting, cost control and financial performance analysis for a large-scale gold mining operation. The role provides accurate, timely and insightful financial information to support operational decision making, drive cost efficiency, optimise cash flow and ensure compliance with both Group policies and Tanzanian

regulatory requirements.

The positionis a key business partnerto Operations, Maintenance, Processing, Mining, Supply Chain and Projects teams, translating operational data into financial impacts, and supporting strategic and

operational planningfor the mine. Key Responsibilities

Management Reporting & Analysis

• Lead preparation of monthly, quarterlyand annual management accounts for the mine, includingP&L, balance sheet and cash flow reports.
• Produce detailedvariance analyses againstbudget, forecast and prior periods,with clear commentary and recommendations.
• Develop and maintain site-level KPIs (cost per tonne mined/milled, AISC, unit costs,productivity metrics) and dashboards.
• Consolidate operational and financial data (production, grades,recoveries, consumables usage, maintenance, labour) into meaningful analyses for management.
• Present financial results and insightsat site and regional performance review meetings.

Budgeting, Forecasting & Planning

• Lead the annual site budgeting process,coordinating inputs from all departments (Mining, Processing, Engineering, HSE, HR, Supply Chain, Projects).
• Prepare rollingforecasts (monthly/quarterly) for production costs,capital expenditure, overheads and cash flow.
• Support Life of Mine (LOM) and medium-term (3–5 year) planningwith robust cost and financialmodels.
• Analyse economic,cost and operational assumptions underlying plans;challenge and validateinputs from operational departments.
• Provide scenarioand sensitivity analyseson gold price,exchange rates, fuel/consumables prices and production profiles.

Cost Control & Performance Management

• Oversee cost accounting for mining, processing, G&A, sustaining and growth capital.
• Implement and maintain cost control frameworks and procedures alignedwith Group standards.
• Monitor cost drivers and unit costs (e.g., drilling& blasting, load & haul, processing reagents, maintenance, power, labour).
• Identify cost-saving opportunities and efficiency improvements; work with operational managersto implement and track benefits.
• Ensure accurateallocation of coststo cost centres,departments, and projects(including capital vs operating expenditure).
• Support continuous improvement, lean initiatives and productivity projectsthrough robust financial evaluation and tracking.

Capital Projects & Investment Analysis

• Provide financial evaluation of capitalprojects (plant upgrades,expansions, fleet purchases, infrastructure, technology projects) including NPV, IRR, payback and risk assessment.
• Monitor and report on capital projectperformance against budgetand schedule; highlight variances and support corrective actions.
• Maintain an up-to-date capital register and ensure correctclassification, tracking and reporting of CAPEX.
• Support feasibility studies,optimization studies and technical-economic evaluations.

Governance, Compliance & Risk Management

• Ensure adherenceto Group accounting policies, IFRS and Tanzanian statutory and regulatory requirements.
• Support internaland external auditsby providing requireddocumentation, analyses and reconciliations.
• Maintain robustinternal controls over management accounting, cost allocations, stock, fixed assetsand project accounting.
• Identify financial risks and opportunities; recommend mitigation strategies.
• Support tax and royaltycalculations and reconciliations as required, in coordination with Tax specialists and external advisors.

Inventory, Stock & WorkingCapital Management

• Oversee costingof inventories (spares,consumables, fuel, explosives, ore stockpiles, gold in circuitand finished metal).
• Work closelywith Supply Chainand Warehouse to ensure accurateinventory valuation, stock reconciliations and provision policies.
• Monitor workingcapital trends; proposeand support initiatives to optimise inventory, payables and receivables (where applicable).

Systems, Data & ProcessImprovement

• Champion effective use of ERP, mining and maintenance systems(e.g., SAP/Pronto; mine planning, fleet management, plant control systems) for financial reporting.
• Improve integration of operational and financial data;drive automation and standardisation of reporting.
• Lead or support financedigitalisation and BI/reporting tool implementations and upgrades.
• Review and enhancefinance processes, procedures and policies for efficiency, accuracyand control.

Leadership &Stakeholder Engagement

• Lead, mentorand develop the site management accounting team; buildstrong succession and capability.
• Act as key financebusiness partner to senior site management and functional heads,providing proactive financial advice and challenge.
• Build strong relationships with Group Finance,Corporate Planning and other corporate functions.
• Provide training and financial literacysupport to non-finance managers.

Key Performance Indicators (KPIs)

• Timeliness and accuracy of monthly management accounts and reports.
• Quality and insightfulness of variance analysisand management commentary.
• Adherence to budget and forecast accuracytargets (costs, production cost per unit, CAPEX).
• Reduction in controllable unit costs and delivery of identified cost-saving/efficiency initiatives.
• Quality, timeliness and robustness of annual budgets,rolling forecasts and LOM cost models.
• Audit findingsrelated to management accounting and internalcontrol effectiveness.
• Team capability development and staff retentionwithin the management accounting function.

Qualifications & Experience

• Bachelor’s degreein accounting, Finance,Commerce or relatedfield.
• Professionalaccounting qualification (e.g., CPA (T), ACCA, CIMA,CA, or equivalent).
• Minimum 5 years’ post qualification experience in management accounting, cost accounting or financial analysis.
• At least 5 years in a senior management accounting or equivalent role, preferably in mining, heavy industry, or manufacturing.
• Demonstrated experience in budgeting, forecasting, cost control and project evaluation in a complex, multi-departmental environment.
• Strong ERP experience (SAP/Pronto or similar)and advanced Excel/financial modelling skills.

Application Mode:

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

Applications close on 06 September 2026