Manager Financial Accounting SSA - Sandton at Sasol

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.
• aintain 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 group’s 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 Bachelor’s degree, preferably in the financial field.

Min Experience

• Minimum 9 years of relevant experience.

Certification & Professional Membership

• CA(SA) will be advantageous