Manager Financial Reporting & GL Upstream - Sandton at Sasol

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 seek and support opportunities to streamline and reduce statutory activities based on a risk approach.
• Participate in process and system enhancements and facilitate the creation of new financial policy and procedures.
• Ensure the integrity of the GL accounts and the structure of the ledger.
• Good understanding of SAP FI module and profit center accounting to ensure alignment with management reporting objectives and requirements. SAP JVA knowledge will be advantageous.

Statutory Reporting

• Plan, monitor and co-ordinate the Business Unit Statutory Reporting process for year end and half year end.
• Review bi-annual financial reporting information to Group.
• Compilation and preparation 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 or prepare 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 and/or review the Business unit OneStream reporting packs.
• For half year and year end, manage all statutory reporting deliverables, i.e. 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.
• Assist with compilation of the budget & forecast balance sheet and cash flow requirements and capture budgets and forecasts in OneStream.
• Review month end, budget & forecast information for Upstream in OneStream.
• Provide financial information for reporting to the Board, if applicable, and for Business Unit reporting.

GL Reconciliation

• Manage GL reconciliation process which includes all the GL accounts feeding into the BU Financial accounts and BU management accounts.
• 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 GL reconciliations.

Compliance

• Implement and perform internal and SOX controls around the statutory reporting process.

Tax – In Conjunction with Group Tax Specialist

• Assist Group Tax with information on all tax enquiries and take appropriate action.
• Assist with tax and deferred tax accounting/disclosure in BU with support from BU Tax advisor.

Review VAT return

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.

Formal Education

• CA (SA) minimum of 9 years relevant experience OR
• B.Com Hons Accounting / CTA or equivalent with 9 years relevant experience

Min Experience

• Financial management, understanding of budget & forecast of balance sheet and cash flow
• Proven technical financial reporting skills.  Statutory Reporting, reporting to internal and external shareholders
• OneStream skills.
• Working knowledge of SAP (SAP JVA knowledge will be advantageous).
• Upstream knowledge (Will be advantageous).
• Current knowledge of IFRS, relevant Companies Act and Tax knowledge.

Behavioural (BC) |Technical (TC) |Leadership (LC)

• TC_Financial Analysis
• TC_Planning and Organisation
• TC_Financial Controlling
• TC_Reporting
• TC_Compliance Management
• LC_Commercial Agility
• LC_Business Ownership
• LC_Drives Innovation
• LC_Customer Centricity
• LC_Collaborative
• LC_Inspirational
• LC_Builds Talent
• LC_Developing Self
• LC_Partnerships
• LC_Delivery Excellence