Compliance Officer (110761) at Sasol

Short Description / Purpose of Job

• Handle compliance requirements for EBS including statutory and legal compliance.

Recruitment Description / Key Accountabilities

• Ascertain compliance with statutory requirements. Conduct compliance monitoring and reporting.
• Coordinate the relationship between Sasol Group compliance services and EBS to secure effective execution of compliance monitoring reviews.
• Facilitate and examine legal compliance issues. Verify that legal compliance requirements are met by the EBS functions and that next steps are implemented.
• Draft compliance-related training material and content.
• Assure compliance with SOX requirements. Organise the execution of supply chain and finance SOX controls. Assist in the remediation of deficiencies identified through SOX testing. Confirm SOX-related information as per the SOX control matrix.
• Execute requested changes of control and process owners as well as control statements, control evidence descriptions, and test steps on Livelink.
• Evaluate and resolve SOX failures. Update and maintain SOX user group on Livelink. Complete SOX assessment dashboard.
• Arrange and examine the application of next steps as per the Compliance Risk Profiles (CRPs), issue logs, and / or Compliance Risk Management Plans’ (CRMPs) deadlines.
• Coordinate and facilitate the audit processes between assurance services and the EBS clients. Ensure the implementation of audit recommendations to promote a sound control environment. Act on internal audit findings.
• Follow up and measure completed and outstanding recommendations.
• Prevent C&D audit reports and recurring audit findings.
• Carry out ad-hoc audits to ascertain the effectiveness of controls.
• Compile /draft management comments / audit next steps.
• Monitor forensic recommendations and assure continuous implementation thereof.
• Support accounting services by checking / updating / maintaining the petty cash / sundry specimen signature list.
• Verify that the information captured on the signatories list is accurate as authorised by the relevant CFO.
• Perform annual reviews to validate the correctness of information contained in the current list of specimen signatures.
• Handle activities relating to the Financial Operation Accounting Manual (FOAM).
• Review and update FOAM to ensure accuracy and adequacy of high-level processes and transactions performed and managed by the accounting services function on behalf of EBS.
• Oversee the FOAM document in consultation with various stakeholders within accounting services. Implement changes and update the FOAM.
• Distribute the FOAM document to CFOs, internal audits, and relevant stakeholders as per SOX control requirements.
• Enable compliance with data privacy requirements.
• Apply evidence-based SHE practices in alignment with set standards for safe operations.
• Implement Sasol Group's risk philosophy and enterprise risk management framework.
• Build and maintain positive relationships with relevant stakeholders to enable compliance with company and statutory requirements.
• Continuously improve own skills and knowledge. Complete, implement, and track personal development plan to attain personal performance goals.

Formal Education

• University Bacherlor's Degree

Min Experience

• 6+ relevant years

Closing Date: 18th, July 2022