ACCOUNTANT: INVENTORY – SUPPLIES, GOLD INVENTORY

Reporting to: Senior Accountant, Africa Business Unit
Location: Shared Business centre, Dar es salaam
Employment Terms: Unspecified Period (Permanent)

POSITION OVERVIEW
The successful candidate will be responsible for the day to day accounting responsibilities associated with the gold and other inventory accounts, as well as the overview of the accounts payable, accruals and staff related accruals accounts. The main areas for which the person will be responsible is as follow:
Balance sheet:

- Gold inventory, consisting of ore stockpiles, gold io circuit and finished goods
- Supplies inventory balances
- Accounts payable balances
- Accruals
- Staff related accruals
Income Statement: - Payroll accounts
- Change in inventory (cost of sales) both cash and non- cash
- Inventory impairments and write downs
Key focus areas:
- Accounting function on mine site level
- Dedicated to a specific allocated mine site
- Coordination with site accountants
- Monthly Corporate reporting
He/she will report into the Senior Accountant. The role will require communicating and liaising with a small team of site accountants.

KEY RESULT AREAS/ESSENTIAL FUNCTIONS
• Perform a monthly reconciliation between the inventory supplies general ledger and sub ledger. The supply chain department will be responsible for the capturing of the receiving process associated with the supplies process, and the candidate will take responsibility for the reconciliation process.
• Follow up with the supply chain department on any significant reconciling items, or unrecorded items.
• Run the monthly standard stock model for ore stock ile invent
• Record the monthly movement in the stock model to the change in inventory accounts.
• Perform the monthly stock obsolescence calculation, and process the adjustments.
• Run the monthly inventory freight model per site, and record the movement.
• Record the monthly payroll journal.
• Perform and review the monthly payroll interface.
• Perform the monthly reconciliation of the Accounts Payable general ledger accounts to the sub ledger accounts. The Accounts Payable department in the Johannesburg Corporate Office is responsible for the daily capturing of the supplier invoices. The candidate will take E responsibility of follOWing up with the AP department on any reconciling and unprocessed items, and seek clarity on issues I identifjed.
• Perform the monthly reconciliation of the leave and bonus accruals.
The payroll department is responsible for processing these accruals, and the candidate will take responsibility of following up with the payroll department on any reconciling items and issues identified.
• Initiate and drive the month end accrual process, based on the open items report.
• Perform the reconciliation of the warehouse stock and liability accounts, for the consignment stock inventory items.
• Review the monthly GRNI/ MIT accounts reconciliation. The recording ( and reconciliation of these accounts will be the responsibility of the supply chain department, and the candidate will take responsibility of p reviewing the reconciliations and following up with the supply chain department on reconciling items. q
• Assist in the half- year and year end stock count procedures. The candidate will also be responsible for anranging the attendance of the auditors at these stock counts.
• Establish an open line of communication with the site accounting team, and facilitate effective issue resolution.
• Weekly consultation with the Senior Accountant regarding issues I identified.
• Pro- active issue resolution and procedures.
• Ensure continuous communication with the supply chain department, and follow up on reconciliation differences on a continuous basis. e
• Communicate with the payroll department and ensure that all required l processes have been completed before the payroll interface is done. :> Also follow up with the payroll department on any differences between J the interface and accounts.
• Communication with mine site accounting staff on use of inventory
PROFESSIONAL AND INTERPERSONAL DETAILS

EDUCATION & EXPERIENCE
Accounting qualification required
Familiarity with US GAAP and IFRS and SOX
At least 3 years experience in a similar role
Mining experience desirable, but not required
Must be organized and detail oriented, but also be able to step back ~ and think strategically
Must have excellent written and presentation skills.
Exposure to global multi nation, preferably with a matrix structure Work requires willingness to work a flexible schedule
Work requires willingness to travel
Specialized Skills or Certifications:
CORE COMPETENCIES:
• Takes ownership
• Results driven
• Acts like an owner
• Builds and maintains relationships
• People management
• Problem solving

APPLICATION MODE:
The positions will attract competitive salary packages. Applicants are invited to submit their resume (indicating the position title in the subject h,eading) via e-mail to:applydar@barrick.com

Barrick Group has a strong commitment to environmental, health and safety management. If you are not contacted by Barrick within fourteen days (14) days after the closing date, you should consider your application as unsuccessful. Late applications will not be considered. Short-listed candidates may be subjected to any of the following: a security clearance; a competency assessment; physical capability assessment, reference checking.

Barrick Gold Tanzania is an Equal Opportunity Employer and is very committed to Environmental, Health and Safety Management
Deadline: 23rd April 2010