Financial Manager (Fixed Term Contract) at AngloGold Ashanti

Education & Qualifications

• Relevant post-graduate degree in Accounting, Chartered Accountant (CA) with a Master's Degree in Business Administration (MBA); Master's Degree in Management Information Systems (MIS); Master's Degree in Economics or Finance.

General Knowledge & Experience

• 10 years of experience in systems integration, data process flows and mapping, performance management reporting, complex data analytics, or related roles.
• Technology and tools: Advanced user level of finance systems software (including SAP, TM1, HFM, WData, etc), data visualisation tools, and other relevant technologies. Required to proficiently leverage technology to streamline performance reporting processes and enhance analytical capabilities. Understanding relevant technologies and tools for process optimisation, such as process mapping software, workflow automation tools, and data analytics platforms.
• Performance management principles: An advanced understanding of performance management principles, methodologies, and frameworks is required. This includes knowledge of key performance indicators (KPIs), balanced scorecard approaches, and performance measurement techniques.
• Project management experience: Strong project management skills to ensure projects are successfully executed.
• Key Performance Indicators (KPIs): Understanding how to identify, define, and measure KPIs relevant to organisational objectives. This includes selecting both lagging and leading indicators that provide insights into performance trends and areas for improvement.
• Data analysis and reporting: Proficiency in data analysis and reporting. Strong analytical skills are required; one must be comfortable working with large datasets to derive insights and inform decision-making.
• Process improvement or Business process optimisation: Use appropriate methods to identify opportunities, re-design processes using the best methods or technology, implement solutions and measure impact to improve operational effectiveness.
• Financial acumen: Financial concepts and metrics are important, as performance management often involves assessing financial performance and making strategic decisions based on financial data.
• Implementation of strategies: 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.
• Planning and organisation: Strong organisational skills, develop detailed plans, allocate resources effectively, and prioritise tasks based on their importance and urgency.
• Regulatory compliance knowledge: Familiarity with gold mining industry regulatory requirements related to performance.
• Legal and ethical considerations: Awareness of legal and ethical considerations related to performance management, including compliance with company values, relevant laws and regulations, confidentiality, and fairness in performance evaluation processes.
• IFRS: Advanced knowledge & understanding of IFRS accounting standards about specific areas of accountability.
• US GAAP: Moderate knowledge & understanding of US GAAP accounting standards about specific areas of accountability or ability to learn the fundamentals
• Business model and processes: In-depth understanding of the gold mining business model and related mining processes.
• Macro indicators: Advanced understanding of financial and economic concepts, commodities, commodity indexes, related analyst datasets and tools.

Legal Requirements:

• Clear security screening record.
• Be declared medically fit for the position and environment, as determined by a risk-based medical examination at the relevant AngloGold Ashanti Occupational Health Centre.

Role Accountabilities

Safety Accountabilities:

• Ensure that all staff, contractors, and suppliers under direction follow AngloGold Ashanti’s Health, Safety and Environment management systems, manuals and processes.
• Set your team's health, safety and environmental expectations and monitor behaviour to meet the required standards.
• Participate in relevant safety audits, inspections and observations and address issues to demonstrate safety leadership.

People Accountabilities:

• Demonstrate behaviour aligned with the Group’s values, standards and a professional workplace.
• Provide leadership to, and develop the team's performance in line with the Group’s policies and systems (e.g., performance management, talent management) to achieve business goals. As part of this:
• Foster a constructive and productive working environment.
• Monitor each team member's work and provide regular and useful feedback on their performance.
• Drive delivery of objectives, including holding team members to account for their work.
• Participate effectively in collaborative work with your leader, peers, and relevant others (including from other teams) to achieve business goals.
• Monitor the team's activities involving other teams and appropriately intervene to address any cross-team issues.
• Support the definition of recruiting needs and hiring for the department.
• Ensure cohesion and shared purpose by strong leadership, inspiration, and communication.
• Contribute to the broader business by working with others in such a way that it optimises the overall business results, rather than just the teams.

Financial Accountabilities:

• None

Work Accountabilities:

• Leveraging technology and data analytics: 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.
• Integration with Business Intelligence (BI) and analytics platforms: Integration with BI and analytics platforms to create reports that can analyse performance data, identify trends, and gain actionable insights. Ensure that data from multiple sources is unified, accessible, and actionable, supporting informed decision-making and strategic planning. To ensure these platforms can aggregate data from multiple sources, including performance management systems, financial systems, and operational databases.
• Design and implement a data warehouse/ data lake: Centralise all performance data in a data lake. Design and build data integration tools to allow for data extraction, transformation, and loading (ETL) from various sources into the data repository. Designed and implemented interfaces with various data sources like SAP, TM1, HFM, and operational systems for mapping, tracking, and managing data flows.
• Integration with Enterprise Resource Planning (ERP) System integration: Integration with the ERP system to align performance management with financial and operational processes. This integration allows tracking performance metrics related to revenue, costs, inventory, and supply chain management. To improve on existing technologies by optimising and documenting data mapping and data flows between the various systems. Manage integration projects from inception to completion, ensuring they are delivered on time, within scope, and within budget. Coordinate with external vendors and consultants as needed for integration projects.
• Utilise workflow automation tools: Integration with workflow automation tools streamlines performance management processes by automating tasks such as goal cascading, performance evaluation workflows, and notifications. This integration improves governance, control, and efficiency and reduces administrative burden.
• Implementing performance management processes: Designing and implementing performance management processes and workflows, including goal setting, performance appraisal, feedback mechanisms, and performance improvement plans. Ensuring that performance management practices are fair, transparent, and consistent across the organisation. Drive organisational success by ensuring that performance management processes, practices, and systems are effectively aligned with strategic objectives, optimised for efficiency and effectiveness, and continuously improved to meet evolving business needs and challenges.
• Driving performance improvement initiatives: Leading efforts to identify opportunities for performance improvement and operational excellence across the organisation. Developing and implementing strategies, initiatives, and interventions to enhance performance, productivity, and efficiency. To enable business to leverage data analytics to gain insights into performance trends and make informed decisions aligning with strategic goals. Setting policies and standards to simplify and standardise the group's performance management reporting processes and systems.
• Providing guidance and support: Advising senior leadership, department heads, and managers on performance management best practices, workflows, trends, and insights.
• Ensuring accountability and compliance: Establishing mechanisms to monitor and track performance against targets and objectives to ensure compliance with relevant laws, regulations, and industry performance management and measurement standards.
• Fostering a culture of continuous improvement: Promoting a culture of continuous learning, feedback, and improvement throughout project implementation. Conduct regular project status updates and risk assessments.
• Measuring and communicating performance impact: Establish mechanisms to measure the impact of performance management initiatives and interventions on organizational performance and business outcomes.
• Standardisation and simplification of reporting processes: Create a unified view of the organisation's financial performance.

Stakeholder Accountabilities:

• Build relationships with key stakeholders.
• External and Internal Auditors
• Industry Forums
• Digital Technology team
• Investor Relations team
• Business Unit finance leadership teams
• All corporate functions