Manager Management Accounting - Sandton at Sasol

Purpose of Job

• Manage business financial activities and processes, provide financial decision support to Sasol Group Services (SGS), and achieve optimal financial performance.
• Ensure that sound financial management and reporting practices are implemented/applied, as per policies, procedures, and internal controls.
• Participate and provide input into business decision making and financial management of SGS and secure effective management of the financial team.
• Support the cost centre managers/budget owners with financial analysis and intelligence in a proactive and positive / critical attitude to facilitate decision making and evaluate the effect of decisions made.

Recruitment Description / Key Accountabilities
Monthly reporting

• Prepare and review monthly management and cost reports, presenting results in EXCO meeting, and helping budget owners to understand their cost and support their cost control process.
• Coordinate the internal monthly management reporting, variance analysis and providing support on group reporting and ad hoc request.
• Support in all matters of governance and compliance.
• Manage the monthly Group Functions cashflow forecasting process for submission to treasury.

Budgeting and forecasting

• Ensure accurate budget and forecasting is delivered and is aligned to guidelines and targets.
• Review inputs into the recovering model and SAP to ensure accuracy.
• Give guidance and support to budget owners in terms of budget and forecast preparation, consolidation, and presentation to various EXCO forums.
• Manage the consolidation of budget results and submit to Group Financial Reporting (GFR).
• Perform and Review variance analysis against budget relevant scenarios.
• Oversee and review inputs of budgets into OneStream and reconciliations to SAP.
• Compile and review budget and forecast Balance sheet, Interfacing with GFR.

Statutory and Technical Reporting

• Drive the Half-Year and Year-end process, including planning and coordination of activities.
• Preparation and review of reconciliations, tax schedules and disclosures to support the GFR period closure, analytical reviews and pack preparation process.
• Oversees the expected credit loss (ECL) calculation and review process.
• Oversees the Income Tax computation, Provisional Tax, VAT, and the review process.
• Manage the lease accounting process and IFRS16 completeness assessment at period close.
• Manage the Impairment testing (Integrated Value Chain) process and period close.
• Assist in IFRS matters, preparation and review Accounting Papers (RPC) for Sasol Business Services (SBS), as may be required.
• Liaise with internal and external auditors and ascertain compliance with SOX and internal controls

Team management

• Managing a team of Senior Accountants including, recruiting, training, motivating staff, work allocation and performance management ensuring diversity in the team.
• Establish an environment and team with sufficient accounting knowledge and close involvement with business activities to identify business issues and assess the impact on the cash management, accounting, and financial reporting.
• Nurture a team spirit and openness towards feedback, collaboration, knowledge sharing, and innovation.

Formal Education

• Post Graduate Honours Degree

Min Experience

• Experience: 10+ relevant years

Certification

• CA(SA) would be an advantage.