AECI Limited is a South African mining and chemicals group headquartered in Sandton and listed on the JSE Limited. It is a specialty product and services group that provides solutions to customers through science, technology, and industry knowledge, with a focus on the mining and manufacturing sectors. AECI’s strategy focuses on four key growth pillars, providing products and services to a broad spectrum of customers, including agriculture, extractive industry, water treatment, and general industrial sectors.

Job Description

• Responsible for identifying, assessing, and mitigating financial risks, opportunities and threats to the achievement of the Africa businesses strategic objectives. within an organisation. They play a crucial role in ensuring the financial stability and sustainability of the organisation.
• Conduct comprehensive risk and opportunity assessments to identify and analyse potential risks related to financial operations, investments, market fluctuations, liquidity, credit, and other exposures.
• Stay updated with market trends, economic indicators, and regulatory changes that could impact risk exposure.
• Create risk heat maps or matrices to categorize and prioritize risks based on likelihood and potential impact.
• Engage with key stakeholders across departments to gather insights and perspectives on potential risks specific to their areas of operation.
• Sound proactive leadership and counsel to the Executive Committee on governance, risk and assurance related matters.
• To ensure compliance to internal processes and policies, applicable laws and regulations, across the organisation. This role requires a deep understanding of financial markets, instruments, and regulatory requirements to effectively mitigate risks and ensure the financial stability of the organisation.
• Coordinate with internal and external auditors to facilitate audits related to financial risk management practices and regulatory compliance.
• Ensure timely and accurate reporting of risk-related information to regulatory authorities and stakeholders as required by applicable regulations.
• Develop and maintain risk dashboards and regular risk reports for senior management and stakeholders, summarizing risk exposure, trends, and mitigation efforts.
• Develop contingency plans and procedures to address potential financial crises or emergencies.
• Act decisively during times of financial stress to implement risk mitigation measures and safeguard organizational assets.
• Establish communication protocols and channels to effectively communicate with stakeholders during crisis situations.

Qualifications & Experience

• Minimum: Bachelor’s degree in Finance, Accounting, Engineering, Environmental Science or a related field.
• Advantageous: Professional qualification such as CA (SA), CFA, or equivalent. Risk management qualification and experience advantageous.
• Minimum of 6 years of experience in finance and risk management.
• Relevant financial service experience.
• Relevant exposure to the mining and chemical industries.
• In depth experience of managing multi-dimensional programmes, deadlines, and large budgets.
• Engagement with diverse, external international stakeholders in managing legislative risk.
• Experience in working across a broad spectrum of industries – from white collar to unionised environments.
• Leading and Supervising
• Relating and Networking
• Persuading and Influencing
• Presenting and Communicating Information
• Adapting & Responding to Change
• Deciding and Initiating Action
• Formulating Strategies and Concepts
• Delivering Results & Meeting Expectations
• Coping with Pressures and Setbacks