Join our team at Corporate Finance as the Capital Management Specialist and be responsible for driving the execution of the governance associated with the capital management process with all aspects of the business and analyse and prepare quality business performance information, investment evaluations and financial models to assist high level decisions on operational and capital decisions.

You’ll look after our most important resource. Our people.

Thungela Resources [Thungela means “to ignite” in isiZulu] is a leading South African thermal coal business, focused exclusively on thermal coal production. It is one of the largest pure-play producers and exporters of thermal coal in South Africa based on aggregate coal reserves and marketable coal production. Thungela focuses on exporting its thermal coal portfolio mainly to the Indian, Asian, Southeast Asian, Middle East and North African markets.

• Ensure the effective governance and execution of all capital and cost management processes for Thungela Resources.
• Responsible for the capital and cost management processes and data integrity on all applicable financial systems.
• Drive capital and cost management input into business planning processes, investment evaluations and investment review committee (IRC)
• Manage relationships with key internal and external stakeholders, understand and deliver on their operational needs, and identify and resolve issues timeously.
• Participate as an effective team member and work collaboratively with leaders, peers, and others to achieve business goals.
•  Contribute to the broader business by working with other teams in such a way that it optimises the overall business results.
• Contribute to the development of the budget for the Corporate Finance & Capital Management department.
• Identify any opportunities for improved cost management and address with applicable action plans.
• Analyse and provide input to the Business Performance tools; Business Plan (BP) and associated budgets, forecasts and KPIs which allow the Executive Team to manage the business effectively.
• Provide input to the commercial reporting process to meet business requirements

This role is in the Corporate Finance & Capital Management Department and is at a Band 6 level reporting to the Capital Management Manager.

• Bachelor’s degree in Finance, Accounting or related discipline (NQF Level 7)

Advantageous:

• Post-graduate qualification in Finance, Accounting or related discipline
• CA(SA) or CIMA

Experience

• Minimum of 5 years’ experience in Capital Management or Capital Projects / Commercial environment
• Experience in making commercial judgements in a commodity-specific business commercial function, with significant emphasis on Coal

Operations:

• Proficient knowledge of mining and other relevant legislation applicable to Thungela Resources incl.:

o Mineral and Petroleum Resources Development Act 2002, Act 28 of 2002

o Companies Act, No 71 of 2008

• Proficient knowledge of financial analysis, assessment and financial modelling (including business valuation)

• Advanced knowledge of all relevant financial systems with a specific focus on SAP & HFM.

Commercial:

• Proficient understanding of the mining industry and value chain

• Proficient knowledge of data analysis and reporting techniques, processes and tools

Management:

• Proficient knowledge of stakeholder management

Compliance:

• Proficient knowledge of Thungela Resources Finance policies, procedures, standards and systems

What we offer

When you join Thungela, you can expect to enjoy a competitive salary and benefits package. But more than this, you’ll find yourself in an environment where the opportunities for learning and growth are second to none. From technical training to leadership programmes, we bring out the best in our people. There are plenty of opportunities to move onwards and upwards too. We’re a large, successful multinational company – and we’re still growing all the time.

Who we are?

Thungela is a pure play coal mining business. Our portfolio of world-class mining operations provides the metals and minerals that make modern life possible. We use innovative practices and the latest technologies to discover new resources and mine, process, move and market our products to our customers around the world.

Inclusion and Diversity

Thungela is an equal opportunities employer. We are committed to promoting an inclusive and diverse workplace where we value and respect every colleague for who they are and provide equality of opportunity so that everyone can fulfil their potential.

How we are committed to your safety

Nothing is more important to us than ensuring you return home safely after a day’s work. To make that happen, we have the most rigorous safety standards in the industry. Not only that, we’re also continually investing in new technologies – from drones to data analytics – that are helping to make mining safer.

How to apply

To apply for this role, please complete our online application form. You will have the opportunity to upload your CV and other relevant documentation as part of this process.