Management Accountant - Coal Mining

About the role

A client of Shugulika Africa Limited is looking for a Management Accountant to deliver timely and accurate financial insights, analysis and costing reports for a coal mining operation. The role covers cost control, budgeting, forecasting, variance analysis and performance reporting in a high-cost, regulated environment, reporting directly to the Mine Finance and Costing Controller.

Key responsibilities

• Prepare and analyse monthly management accounts and detailed cost reports across mining operations.
• Develop, monitor and update annual budgets and rolling forecasts aligned with production plans and operational metrics.
• Conduct variance analysis (actual vs budget/forecast) and investigate significant cost deviations.
• Provide cost-benefit analysis, scenario modelling and financial evaluations for projects and operational decisions.
• Track and report key unit costs such as cost per tonne, overburden cost and cash cost per saleable tonne.
• Ensure compliance with tax regulations, mining royalties and financial reporting standards (IFRS/TAS).
• Manage inventory accounting (spares, fuel, explosives, coal stock) including reconciliations.
• Prepare cash flow forecasts and working capital analysis.
• Collaborate with operational departments to improve cost visibility and drive cost-saving initiatives.
• Support audits (external, tax, regulatory) and reporting obligations, and contribute to financial risk management in a volatile commodity and forex environment.

Required profile

• Bachelor's degree in Accounting.
• Professional certification (CPA-T, ACCA, CIMA or equivalent) is an added advantage.
• 5-8 years of experience in management accounting, with at least 3 years in mining, heavy industry or manufacturing.
• Strong understanding of mining cost structures and costing methodologies.
• Proven experience in budgeting, forecasting and variance analysis in complex operations.
• Knowledge of Tanzanian tax laws, mining royalties and regulatory frameworks.
• Fluency in English; Kiswahili is an added advantage.

Required skills

• Advanced Excel skills
• Experience with ERP systems such as SAP, Oracle and Pronto