Manager Financial Accounting SSA 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.
• 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.
• Support the SA Integrated Value Chain (IVC) impairment process by managing the end-to-end process, including support to business units across the value chain.

Key Accountabilities

SSA:

• 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.

IVC process:

• Facilitate the coordination of the IVC process, ensuring timely execution by OMEs.
• Independent review of OME inputs, ensuring alignment to budget and key assumptions, and execution of streamlined Corporate Asset process for half-year end.
• Coordinate, compile, and analyze inputs for long-term topside adjustments, including input into OneStream.
• Provide OneStream user support to the broader IVC teams.

Formal Education

• Minimum 4-Year Bachelor’s degree, preferably in the financial field.
• Preferable: Post-graduate degree in finance.

Working Experience

• 9 years of relevant experience

Certification & Professional Membership

• CA(SA), preferable