Snr Fin Accountant Mining at Sasol

Purpose of Job

• Provide a continuous input into financial and business decision-making at tactical / operational level, completion of financial accounting reports including the day to day execution of financial related activities, as well as ensuring the integrity of the General Ledger and Trial balance to enable and execute accurate and timely reporting on a monthly basis and for statutory reporting.

Key Accountabilities

Business Processes/ Financial System processes

• Participate in process and system enhancements (including, Power BI and Onestream) and assist in 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 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.

Statutory Reporting

• Plan, monitor and co-ordinate the Business Unit Statutory Reporting process for year end and half year end.
• 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 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

GL reconciliations

• Manage GL reconciliation process which includes all the GL accounts feeding into the BU Financial trail balance 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 relevant GL reconciliations.

Month end / Forecast / Budget

• Manage and prepare month end reporting in Onestream.
• Execute/review relevant month end activities in SAP
• 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 Onestream.
• Provide financial information for reporting to the Board/ Gov Com, if applicable, and for Business Unit reporting.
• Understanding and calculation of dividends, and free cash flow.
• Consolidation principles to be applied withing Sasol Mining Group.
• Assist with Adhoc requests during month end, forecast and budget periods

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

• Continuously manage and develop. Ensure accurate and timely results are delivered.
• Identify, contribute and support succession planning and career growth 
• Actively be a team member by supporting the bigger reporting team to ensure the team deliver.

Formal Education

• Bcom accounting degree and honours with articles

Min Experience

• Proven technical financial reporting skills.
• Working knowledge of SAP
• Onestream skills (not compulsory but preferred)
• Current knowledge of IFRS, relevant Companies Act and Tax knowledge

Required Personal and Professional Skills

• BC_Optimizes Work Processes
• TC_Financial Analysis
• BC_Business Insight
• TC_Financial Planning and Reporting
• BC_Manages Complexity
• TC_Analyse Alternatives and Recommend Solutions
• BC_Plans and Aligns
• TC_Financial Accounting
• TC_Compliance Management
• BC_Ensures Accountability

Closing date

25 February 2025