Manager Financial Reporting and GL (SSO and Small Entities) at Sasol

Short Description / Purpose of Job

• Maintain sound Statutory Reporting environment.
• Ensure that sound financial management and reporting practices are implemented and applied. 
• Ensure effective, accurate and timely reporting to internal stakeholders and external shareholders

Recruitment Description / Key Accountabilities

Business Processes/ Financial System processes

• Actively contribute and support Finance of the future initiatives and the transition to Onestream reporting
• Participate in process and system enhancements (including Power BI and Onestream) and facilitate the creation of new financial policy and procedures.
• Build a good understanding of the data lake and work flow procedures in order to ensure integrity of statutory reporting
• Actively seek and support opportunities to streamline and reduce statutory activities based on a risk approach
• For statutory reporting, ensure the integrity of the GL accounts and the structure of the ledger.
• Good understanding of SAP FI module and profit centre accounting to ensure alignment with management reporting objectives and requirements.
• Support and contribute to the management of the external/internal stakeholder relationship, ie support External shareholder audit requirements, Hub/Profit split & SSA reporting ext.

Statutory Reporting

• Plan, monitor and co-ordinate the Business Unit Statutory Reporting process for year end and half year end.
• Compilation, preparation and review of the stand-alone Business Unit Annual Financial statements, where applicable.
• Conducts research and assist with accounting and disclosure issues.
• Support or prepare, where required, statutory returns to appropriate authorities.
• Assist with position papers on accounting treatments to Reporting Practices Committee.
• Manage relationship with External & Internal auditors.
• Manage relationship and statutory half year and year end deliverables with Energy and Group consolidation teams
• Detailed understanding of Onestream, Power BI Intercompany tool, reporting packs and the accounting manual.
• Prepare / Review the Business unit reporting pack
• For half year and year end, manage all statutory reporting deliverables, ie responding on queries, managing of overs and unders, annexures sign-offs & analytical reviews

Month end and Budgets

• Manage and prepare month end reporting in OneStream.
• Execute/review relevant month end activities in SAP if applicable
• Assist with compilation and review of the budget & Forecast balance sheet and cash flow requirements and capture/upload budgets and forecasts (both IS & BS) in HFM/Onestream.
• Provide financial information for reporting to the Board/Opscom, if applicable, and for Business Unit reporting.
• Assist with adhoc requests during month end, forecast and budget periods

GL reconciliations

• Manage GL reconciliation process which includes all the GL accounts feeding into the BU Financial trail balance and BU management acccounts.
• Scrutinise quarterly recons performed by BU management accounts for items that require additional attention or action in order to ensure statutory reporting compliance
• Perform and review relevant GL reconciliations.

Compliance

• Implement and perform internal and SOX controls around the statutory reporting process.
• Change relevant sox controls and internal business processes to ensure standarisation and alignment amongst various areas

Tax Support

• At year end and half year end, assist Tax with information to support accurate income and deferred tax calculations
• Assist with tax and deferred tax accounting/disclosure in BU with support from BU Tax advisor.

Managing team members

• Manage and develop direct reports. Ensure accurate and timely results are delivered through direct reports.
• Identify, contribute and support succession planning and career growth
• Actively be a team member by supporting the bigger GFR team to ensure the team deliver.

Formal Education

• CA (SA) qualification

Min Experience

• 8+ years experience
• Proven technical financial reporting skills.
• Working knowledge of SAP
• One stream skills
• Current knowledge of IFRS, relevant Companies Act and Tax knowledge

Certification & Professional Membership

• CA(SA)

Competencies

• Shapes business strategy
• Business acumen
• Drives accountability and high performance
• Fosters teamwork and collaboration
• Role models customer focus
• Leverages diversity and inclusion
• Nurtures and coaches
• Builds partnerships
• Develops self

Functional Competencies

• Accounting
• Contributing to Organisational Operating Decisions
• Data Gathering and Analysis
• Financial Analysis
• Financial Operations
• Financial Planning and Reporting
• Financial Stakeholder Relations
• Financial Systems
• Legislative and Regulatory Compliance
• Risk Management
• Strategic Thinking / Business Analysis

Closing Date: 20th, May 2022