Manager DAS (Duties at Source) & Levies at Sasol

In line with Sasol’s commitment to Employment Equity, preference will be given to suitable candidates from designated groups.

ENERGY

The Energy business manages the marketing and sales of all Sasol’s oil, gas and electricity products in Southern Africa. In addition, our mandate is to oversee the growth of Sasol’s direct liquid fuels marketing presence, with a strong bias toward retail outlets in Southern Africa.

Internationally, we are responsible for Sasol’s gas-to-liquid (GTL) business ventures based on our proprietary technology, creating higher-value products.

ABOUT THE ROLE / PURPOSE OF THE JOB

Implementing and maintaining systems, processes, procedures and controls to mitigate the Customs & Excise non-compliance risk and ensuring compliance at all times. 

KEY PERFORMANCE AREAS

• Develops a business compliance universe for the Sasol Energy business (in terms of the Customs & Excise Act & Rules and any related legislation, including the identification of mitigating controls).
• Collaborates with Sasol Group Compliance to monitor and facilitate Sasol Energy’s compliance with the Customs & Excise Act & Rules and related legislation.
• Review and approve the monthly DA160 SARS Petroleum Accounts (Secunda and Natref including Natcos) in detail for compliance to the Customs & Excise Act, accuracy of the DA160 Petroleum Account and adequacy of the supporting documentation, thereby managing and mitigating Sasol Energy’s compliance risks in terms of the Customs & Excise Act.
• Facilitate and establish constructive relationships with internal stakeholders, including:
•  Business Units and Relevant Functions;
•  Group Tax PSS Specialists – necessary consultations on matters that require their input to ensure sound governance;
•  Group Compliance; and
•  Sasol Legal Services.
•  Facilitate and establish constructive relationships with external stakeholders, including:

  The South African Petroleum Industry Association’s (SAPIA) Tax Forum – represent and actively participate at these meetings to ensure that Sasol Energy’s concerns are raised on matters affecting the oil industry, to provide input in respect of such matters, to gain insight regarding future SARS and legislative developments

• Engage with SARS regarding Customs and Excise matters to obtain the best possible outcome for Sasol Energy
• Co-ordinates, interfaces and negotiates with SARS on SARS audits at the Secunda, Natref, Natcos and Sasol Energy.
• Interfaces with other Oil Companies on industry specific issues relating to Customs & Excise
• Attends meetings with external lawyers and Senior Counsels on matters relating to lawsuits against Sasol Energy to ensure success for Sasol Energy as follows:
• Attend to actions taken before, at and after meetings
• Plans and co-ordinates relevant meetings with internal stakeholders / external stakeholders
• Presents an overview of the relevant provision of the Customs and Excise Act and Rules.
• Provides detailed explanations of the relevant sections of the Customs and Excise Act & Rules, Sasol Energy’s internal operations and processes, what controls are in place to identify compliance risks and implement appropriate controls to ensure that Sasol Energy comply with the requirements of Customs and Excise Act and Rules.
• Establishes and maintains a document management system for Customs & Excise matters, including engagements with SARS.
• Provides specialist business advice in relation to Customs and Excise compliance matters, including the analysis of complex questions raised by internal / external stakeholders and providing specialist business advice in response thereto.
• Maintain expert knowledge of the Customs & Excise Act, Central Energy Fund Act, Civil Aviation Authority Levies Act, Petroleum Products Act and applications thereto.
• Continuously evaluates SARS queries to establish the merits, the applicable sections of the Customs & Excise Act, drafts responses to SARS, obtain inputs from other stakeholders (legal advisors, Consultants, General Manager Finance: Group Tax) to ensure compliance.
• Collates, validates, analyses, interprets information from different departments for management reporting as well as to serve as the basis for the business results;
• Ensure timeous response to queries from Statutory and Regulatory bodies (including NERSA and DOE)
• Assesses changes to the Customs & Excise landscape and advises the business accordingly to ensure compliance.
• Reviews and provides inputs and comments into transporters, clearing agents’ and sales contracts to facilitate compliance to the Customs & Excise Act and Rules.
• Advises, develops and maintains internal controls to meet the Customs and Excise and other regulatory compliance requirements and to mitigate potential risks.
• Develops, implements and monitors a co-ordinated Southern Africa Energy Customs & Excise compliance framework to ensure compliance to the Customs & Excise Act
• Continuously provides general and specific Customs & Excise training to new and existing employees at Sasol Energy as well as the refineries (Secunda, Natref and Natcos) to ensure compliance with the Customs & Excise Act & Rules
• Consults with Sasol Energy’s Legal Advisor (Legal Services) regarding any Customs & Excise Act & Rules matters requiring legal advice 
• In collaboration with Legal Services (unless if agreed otherwise), consults with and manages the deliverables and fees of external consultants on technical aspects of the Customs & Excise Act & Rules to ensure compliance with the Customs & Excise Act & Rules. This is done especially on ad hoc queries and changes to the Customs and Excise Act & Rules in consultation with Legal Services.
• Manages and performs random compliance audits, including refinery visits, to facilitate compliance with the Customs & Excise Act and Rules. 
• Prepares and contributes to accurate and timely papers for the Board and Governance Committee meetings.
• Review cash flow forecasting and ensure accuracy thereof.
• Perform internal financial and SOX controls and quarterly SOX testing.
• Maintains controls regarding adherence to SOX 404 requirements.
• Review monthly General ledger reconciliations.
• Ensure that the DAS liability and related GL reconciliations are performed and correctly accounted for.
• Prepares journals for posting/authorisation in ledger
• Review year IOPCF SARS return for completeness, accuracy and compliance.
• Ensure that sound financial accounting principles and practices are implemented and applied.
• Adherence to SHER requirements.

JOB REQUIREMENTS

In line with Sasol’s commitment to Employment Equity, preference will be given to suitable candidates from designated groups. We actively encourage and welcome persons with disabilities to apply.

In addition to a pre-employment medical examination, some positions may require a physical fitness assessment, as part of the normal pre-employment selection criteria

Qualifications:

• Bcom Finance/Accounting/Law

Experience:

• 11+ relevant years

KEY COMPETENCIES REQUIRED

People Leadership

• Builds capability and leverages diversity for competitive advantage
• Authentically and inclusively engages all stakeholders in developing business relevant solutions

Partnership Leadership

• Persuades and influences stakeholders, builds relationships and partnerships for win-win outcomes
• Builds Teams and creates synergies through working across boundaries
• Builds and establishes core capabilities through partners and peers

Business Leadership

• Demonstrates commercial acumen, a global mindset and exercises sound judgment
• Achieves results through others and holds them accountable
• Works with business to understand Operating Model Entity needs and designs the appropriate support

Strategic Leadership

• Leads organisational change, innovation and sustainability
• Strong internal and external networks
• Ability to benchmark and apply best practices

Self-Mastery

• Demonstrates sound multi-functional stakeholder management and engagement abilities
• Continuously develops self

Functional Competencies

• Forecasting
• Time Value of Money
• Economic Criteria
• Financial Modelling Tools
• Predicting Cash Flow
• Producing Property Portfolio Analysis
• Valuing Producing Properties
• Contributing to Organizational Operating Decisions
• Accounting
• Data Gathering and Analysis
• Financial Analysis
• Financial Operations
• Financial Planning and Reporting
• Financial Stakeholder Relations
• Financial Systems
• Legislative and Regulatory Compliance
• Risk Management