Manager Financial Accounting SSA

Sasol is a global integrated chemicals and energy company with a 70-year heritage. Through our talented people, we use our expertise and selected technologies to safely and sustainably source, manufacture and market chemical and energy products globally. When you join Team Sasol, you are joining a company that puts people at the center of everything we do.

Sasol invests in its employees along every stage of the career path and offers development opportunities to help you cultivate your career in a culture that embraces diversity and inclusion.

Job Req ID

2934

Closing Date

21 November 2023

OME

Energy Biz - Finance & IM

Location

Sandton, Gauteng

Purpose of Job

Manage the SSA, Sasol Khanyisa and Sasol Foundation financial accounting activities according to IFRS and SEC requirements. Direct financial reporting and disclosure and the preparation of financial statements and monitor overall compliance. Ensure that sound financial management and reporting practices are defined, implemented and applied. Ensure effective, accurate and timely consolidated reporting to internal and external stakeholders. Maintain sound Statutory Reporting environment.Provide insights into the businesses of SSA, Sasol Khanyisa and Sasol Foundation through financial board reporting to the various Governance Committees, Audit Committees and Boards.

Recruitment Description / Key Accountabilities

• Plan, monitor and co-ordinate month-end, the Statutory Reporting and financial compliance processes.
• Manage preparation and submission of monthly, half year-end and year-end actual results, as well as forecast and budget information on OneStream.
• Manage preparation and submission of monthly GL reconciliations for all trial balances.
• Maintain the SSA Company and SSA Group alternate structures in OneStream.
• Oversee all reporting in the SSA Corporate pack and oversee the aggregation and tax calculation sign off for the SSA_Co aggregation.
• Perform full financial function for SSA Corporate and Khanyisa entities i.e. taxes, payments, ERP record keeping, dividend payments and cash flow management.
• Plan, monitor and co-ordinate the SSA company and SSA group's impairment processes.
• Maintain the SSA company and SSA groups financial results, incorporating legal entity adjustments (not pertaining to the Sasol group, e.g. impairments, ECL on inter-company accounts, etc.) for reporting purposes.
• Sasol Khanyisa and Sasol Foundation reporting, board and committee responsibilities.
• Manage group capitalisation process as it pertains to SSA (e.g. SSA dividend computations and resolutions).
• Onestream reporting for year end, half year end, month end, budget and forecast for SSA_Corporate, SSA_holdaj, Inzalo Investments, Sizanani Trust, Sasol Foundation, SSA_Co aggregation and the SSA Company and SSA Group alternate structures.
• Ensure sound internal control over financial reporting and compliance with the Sarbanes Oxley Act (SOX).
• Manage engagement with all stakeholders, including business management, internal and external auditors.
• Oversee timely and accurate preparation of standalone financial statements and review same (SSA Company, SSA Group, 3 Khanyisa entities, Sasol Inzalo Investments, Sasol Foundation and Sizanani Trust).
• Oversee the preparation of financial submissions to the Governance committee and Board and review same.
• Stay abreast of the latest developments in IFRS to ensure accurate reporting.
• Enable the identification of significant accounting issues and guide personnel in addressing them.
• Guide the development of accounting positions, based on solid knowledge of IFRS, to be presented and discussed with the Reporting Practices Committee as well as with management and external audit.
• Prepare and review RPC submissions.
• Provide financial accounting expertise to assist operational and strategic decision making.
• Propose changes and/or improvement initiatives to the accounting and reporting systems.
• Oversee the process to ensure timely and accurate tax filings and reporting.
• Lead and motivate a staff of accounting professionals, assign tasks based on business requirements and individual expertise, and monitor performance.
• Direct the activities of financial staff and other departments to accomplish timely and satisfactory completion of financial period closures.

Formal Education

Minimum 4-Year Bachelors degree, preferably in the financial field.

Min Experience

Minimum 9 Years Of Relevant Experience.

Certification & Professional Membership

CA(SA) will be advantageous

Behavioural (BC) |Technical (TC) |Leadership (LC)

BC_Collaborates

BC_Optimizes Work Processes

TC_Financial Analysis

TC_Financial Controlling

TC_Reporting

BC_Manages Complexity

BC_Values Diversity and Inclusion

BC_Situational Adaptability

TC_Planning and Organisation

TC_Compliance Management

Sasol is an equal opportunity and affirmative action employer. Inspired by our Purpose of Innovating for a better world, Sasol acknowledges that diversity is intrinsic to the fabric of our organisation and is the key to our growth and success. Sasol is committed to the full inclusion of all suitably qualified individuals. Preference will be given to applicants from designated groups and people with disabilities according to Sasols Employment Equity Plan. This includes reasonable accommodation to enable individuals with disabilities to perform essential job functions.

Our automated process is designed to efficiently assess a large volume of applications. Should you not hear from us within 60 days of the advert closing then kindly consider your application unsuccessful. Thank you once-more for your interest in Sasol as your employer of choice, and we wish you all the best with your career aspirations and future applications with us.