Key Purpose Statement  

To execute activities of the The Ikageng Employee Trust (“Ikageng”) and to provide accounting and statutory support to the The Mintirho Foundation Trust (“Mintirho”) in accordance with the requirements of the respective trust documents.

Key Outputs and Accountabilities  

Statutory Reporting 

• Record Ikageng and Minitrho transactions on the ERP system, as per Risk and Control Matrix (RACM) requirements to ensure that the financial position of the respective trusts are accurately reflected.
• Compile financial analyses as input into the monthly submission to Group Office on the statutory reporting platform, for Ikageng and Minitrho, to accurately report on the financial performance of the respective trusts.
• Draft the annual financial statements for Ikageng and Mintirho in compliance with statutory reporting requirements.
• Collate information, conduct analyses and provide input into the Ikageng and Mintirho board packs.
• Compile the Ikageng award committee pack and submit for review and approval.
• Provide input into the review and re-design of the current statutory reporting processes to drive continuous improvement.
• Coach and provide guidance to team members and business stakeholders to build awareness of statutory compliance.

Governance

• Implement identified RACM controls to comply with the RACM framework requirements and mitigate financial risk to the business.
• Attend quarterly stock count within region, as a management control requirement, to ensure accurate stock reporting.
• Complete the quarterly impairment survey for Ikageng and Mintirho to identify and highlight any material impairments.
• Source and provide information required for the statutory audit process for identified entities in the South African statutory group structure (including Ikageng and Mintirho) to ensure compliance to International Financial Reporting Standards (IFRS) and audit controls.
• Implement action plans to ensure closure of audit findings and mitigation of further risk to the business.
• Reconcile identified Ikageng and Mintirho General Ledger (GL) accounts, monthly, as per RACM requirements.

Trust Administration

• Conduct analyses and provide input into the annual budget for Ikageng and Mintirho.
• Complete analyses and provide financial support to the Ikageng and Mintirho boards as per request.
• Compile monthly headcount reconciliation between the company and the Ikageng administrator to ensure accurate reporting and tracking of current beneficiaries.
• Draft communications, provide and review information for the dividend payment process for Ikageng to ensure all trust deed requirements are met.
• Compile minutes of Ikageng board meetings to ensure all discussed agenda items have been accurately recorded.
• Execute actions per the “matters arising” from the board meeting minutes.
• Execute project plan action items required for the annual general meeting for Ikageng beneficiaries to ensure trust deed requirements are met