Sunday, August 9, 2015

Financial Controller at Lubambe Copper Mine Ltd

Lubambe Copper Mine is located within the Greater Konkola Area of the Zambia Copperbelt and consists of a large-scale mining license covering an area of approximately 240 square kilometers. The mine is a modern, world class facility with fully mechanized underground operations.
Lubambe Copper Mine is a joint venture agreement between African Rainbow Minerals (ARM)/VALE, SA and ZCCM Investment Holding Plc.
The Mine will produce 45,000 tonnes of contained copper at steady state and will employ approximately 1,500 people. The investors have invested total capital of US$490 million in Plant infrastructure consisting of a Concentrator Plant, a laboratory and a new tailings disposal facility and underground infrastructure. The Concentrator incorporates crushing milling, flotation and filtration. The design capacity is 2.5 MTPA of ore at an average mill grade of 2.1% copper, yielding 45,000 tonnes of contained copper in concentrate to be sold to smelters in Zambia.
The Company requires the services of a motivated person to fill the position of Financial Controller. This position shall report to the Manager Finance and Administration.
Financial Controller
Job purposeThe incumbent will report to the Finance Manager and be responsible for the full financial accounting function, including cash/Treasury, Accounts Payable and Receivable, Capital Control
Duties and responsibilities include, but are not limited to the following:
  • Lead the financial accounting function
  • Implementation/maintenance of appropriate systems of internal control
  • Compilation of Standard operating procedures and policies with regards to the financial accounting function
  • Ensure efficient execution of bank and related transactions; cash flow management and forecasts; internal and external loan accounts
  • Oversee all activities within financial accounting department including general ledger, treasury, capital expenditure, working capital
  • Timeous preparation of monthly financial information required for management reports
  • Ensure financial accounts are maintained in line with statutory requirements and comply IFRS
  • Ensure compliance with all loan/borrowings agreements
  • Co-ordinates and plan internal and external audits
  • Full external audit responsibility
  • Compilation of annual accounting packs and completion of Annual Financial Statements
  • Ensure effective subordinate development through updated training and development interventions for the staff members
Qualifications
  • Full ACCA, B. Comm. Honours Degree in Financial and/or Management Accounting
  • Minimum eight years in financial/management accounting environment in a mining industry
  • A professional qualification e.g CA or CIMA Qualification will be a distinct advantage
  • Experience in Mining Tax
  • Experience of Integrated Database Systems (e.g Sun Systems) and advanced computer skills in Microsoft Office
  • A thorough business understanding will be a prerequisite
  • Must have high level of integrity
Requirements
  • Financial reporting standards(IFRS)
  • Relevant legislation in Zambia, with a very good understanding of taxation, especially VAT and payroll taxes
  • Business Acumen and Sound business operating experience
  • Performance Management
  • Report writing skills
Personal skills
  • Good communication skills
  • Drive
  • Good interpersonal skills
  • Leadership and management skills
  • Cultural sensitivity
  • Result orientation
  • Planning
  • Proactive
  • Emotional Intelligence
  • Team orientation
  • Ability to build strong relationships
  • Innovative thinking
  • Strong ethical values
  • Relationships building
  • Strategic orientation
  • Organisation
  • Organisation development
We invite you to send your CVs in MS Word format to recruitment@lubambe.com. The closing date for receipt of applications is Friday 14th August 2015.
Physical address
Lubambe Copper Mine Ltd, Shaft 2  Chimfunshi Road, Chiliabombwe, Zambia
Postal address
Lubambe Copper Mine Ltd,  PO Box 11215, Chingola, Zambia
For more information call on  +260 961 245800

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