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  • Posted: Oct 2, 2023
    Deadline: Not specified
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    Sasol is an international integrated energy and chemicals company that leverages the talent and expertise of our more than 30 300 people working in 33 countries. We develop and commercialise technologies, and build and operate world-scale facilities to produce a range of high-value product streams, including liquid fuels, chemicals and low-carbon electricity...
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    Snr Mgr Financial Moz Operations - Sandton

    Purpose of Job

    • The purpose of the Senior Manager Financial Moz Operations role is to be the Finance Lead Business Partner of the licenses for its plant operations in Maputo.
    • The role is to manage and provide a comprehensive accounting service which will facilitate the decision-making process in relation to business direction, management as well as implementation of the operations. The role also covers Project and Management Accounting as well as specific Joint Venture Accounting.

    Recruitment Description / Key Accountabilities
    Performance Management 

    • Facilitating the operations integrated planning, management and controlling process within business on a continuous basis to address issues arising from the operations review process that require resolution (e.g. KPI variance outside tolerance, major planned event misses, major changes to the budget, long-term positive or negative bias, changes to key assumptions. Etc.) 
    • Ensure key business issues are reconciled, recommendations are proposed, and the performance pack is prepared to support effective business decisions. 
    • Close liaison with respective operational heads of the operation plant facility integrated business process, to ensure all key issues are surfaced, and changes, recommendations are proposed. 
    • Serve as a key support to the VP Mozambique Upstream and Operations Asset working hand in hand to deliver key information to enable the business decisions. 
    • Supporting development and delivery of solutions to key business issues, ensuring that majority of business challenges and opportunities are considered and resolved through the integrated business process. 
    • Improve/Optimise current system and procedures to serve the needs of a growing operations on site 
    • Optimisation of the cost structure to ensure resources are used to its full capacity 
    • Continuous management and measurement of the execution of the short- and medium-term budget plans in relation to cost and capital expenditure 
    • Participate in relevant daily, weekly and monthly operational meetings for the plant operations and to remain aware of emerging issues that require linkage to the above and other process. 
    • Support performance management mindset, continuous improvement processes and facilitate strategy formulation and execution. 

    Joint Venture Accounting and Management Accounting 

    • Through a team of seasoned Joint Venture Accountants, manage the requirements of the Incorporated or Unincorporated Joint Ventures and ensure compliance with all obligations contained in Joint Operating Agreements (JOA) and license agreements (PPA &PSA) to external and internal stakeholders for Joint Venture and management reporting purposes, including but not limited to cash call, cash distributions, work programme and budgets, operating and management committee deliverables, Authorisation For Expenditure requirements. 
    • Manage partner audits of the Unincorporated Joint Ventures, providing sound and progressive management responses to audit findings as well as implementing the required mitigating and preventative controls required. 
    • Create and maintain effective relations between the Joint Venture Accounting team and relevant stakeholders, including relevant Joint Venture partners, various Government Agencies, Tax Authorities, Asset Managers, EXCO, Group Tax Services and various others. 

    Financial and functional management 

    • Manage and lead allocated Joint Venture Accounting team across the macro-processes of financial accounting, management accounting, joint venture accounting and taxation to achieve set targets and defined deliverables. 
    • Establish an environment and team with sufficient accounting knowledge and close involvement with business activities to identify business issues and establish the impact to the Joint Venture Accounting and Financial Reporting areas.

    Formal Education

    • Post Graduate Honours Degree in Accounting & Finance or Commerce

    Min Experience

    • Experience: 13+ relevant years in Accounting & Finance or Commerce

    Method of Application

    Interested and qualified? Go to Sasol on jobs.sasol.com to apply

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