Assistant Financial Manager at FFS Refiners

 ASSISTANT FINANCIAL MANAGER 1:

Operational Entity

Responsible for Property, plant and equipment reporting including:

• Fixed asset reconciliation and update of asset register for monthly movements.
• Preparation of internal reports.
• Liaise with the business to determine status of capital/construction projects and ensure capitalisation occurs timeously.
• Prepare all supporting calculations and assist with annual insurance renewal.
• Facilitate technical opinion of treatment of various assets that are acquired or disposed off in the business.

 Taxation

• Assist with year-end activities such as tax, preparation for year-end statutory audit and financial statements.

Reporting

• Reconciliation of TB to QlikView platform for completeness and sense checks.
• Preparation of monthly management accounts and consolidation
• Preparation of monthly capex in board report formats
• Preparation of reporting packs for Bankers & submission of Statistical returns.
• Preparation of quarterly board reports
• Preparation of group annual financial statements
• Preparation and submission of monthly, quarterly, annual results and budget in specific formats as may be required by shareholder group for operational and holding companies.

Subsidiary and Holding Companies

• Review of monthly reconciliations.
• Quarterly reports for board pack submission.
• Financial statements at year-end.
• Year-end reviews of tax and deferred tax computations.
• Full accounting function of investment holding company 

General

• Review and release of payments for the operating entity as and when required
• Approval of creditor invoices for processing and payment.
• Preparation and maintenance of the prepayment and other ad hoc GL and cash book reconciliations.
• Assist with annual budgetary process.   

ASSISTANT FINANCIAL MANAGER 2: 

Oil Procurement

• Directly responsible for management and oversight of oil procurement team and function including (but not limited to) the following responsibilities:
• Review product costings and monthly mass balance for accuracy and completeness
• Follow up and escalate on stock losses identified
• Review check and authorise Supplier invoices for Oil purchases prior to payments
• Review of Supplier reconciliations and accrual accounts and ensure queries and disputes resolved timeously.
• Forex exposure management on a deal-by-deal basis
• Provide management and supervision of team 

Assist with Treasury and Cash Management including:

• Prepare reserve bank applications for foreign payments and transactions
• Prepare weekly cash flow forecast
• Prepare LC applications and other General Short Term Banking facility utilisations on Standard Bank Portal and resolve queries with supplier and bank 

Assist with System Development as follows:

• Assist with implementation changes to Software (inhouse and Syspro)
• Manage system Admin team 

BOTH POSITIONS

• Ad hoc assignments as and when required by management
• Provide technical opinion on business imperatives/strategies as and when required

Requirements

Qualifications and Experience:

Essential: CA (SA); Articles at one of the major audit firms; 3 or more years post-qualification experience 

Other Attributes

• Highly ethical, consistent, fair, trustworthy, energetic, dedicated, accurate.
• Business orientated with strong technical ability and a logical thinker.
• A good team player with good communication and prioritisation skills.
• Able to function optimally with minimal direct supervision or support.
• Able to work under pressure. Good interaction with management (internal & external).
• Some extra time required to meet reporting deadlines.
• ERP systems and software knowledge and interest. 

CLOSING DATE: 30 June 2026