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Posting Date: Apr 15, 2025
Location: Sandton, South Africa
Company: Sasol
Sasol is a global integrated chemicals and energy company with a 70-year heritage. Through our talented people, we use our expertise and selected technologies to safely and sustainably source, manufacture and market chemical and energy products globally. When you join Team Sasol, you are joining a company that puts people at the center of everything we do.
Sasol invests in its employees along every stage of the career path and offers development opportunities to help you cultivate your career in a culture that embraces diversity and inclusion.
Job Req Id
8301
Closing Date
01 May 2025
OME
FIN: Finance Southern Africa
Geogrpahical Area
Sandton
Role Category
Execution
Purpose of Job
Provide a continuous input into financial and business decision-making at tactical / operational level, the completion of financial accounting reports and the day-to-day execution of financial related activities, as well as ensuring the integrity of the General Ledger and Trial balance to ensure accurate and timely reporting on a monthly basis.
Key Accountabilities
Timeous preparation of finance lease payment runPreparation of calculations for CPI rentals
Preparation of monthly journals
Preparation of calculations for volume related rentals
Prepare Profit and Loss report on a monthly basis
Prepare presentation of results for monthly exco meeting with explanations
Prepare quarterly road levies calculations and ensure timeous submission to the relevant road agencies Road Levy Audit – Ensure audited during August every year
Impairment calculations on group model ( November and May)
OneStream implementation for Energy IFRS16 leases
Review of quarterly contracts register prepared by business
Assist with the monthly exco presentation
Ensure the integrity of the GL accounts and the structure of the ledger
Prepare monthly reconciliations/schedules for GL accounts under their control.
Prepare of Monthly Income statements (Geldsake)
Good understanding of SAP to ensure alignment with management reporting objectives and requirements.
Timeous and accurate completion of monthly reporting on Onestream/HFM, including intercompany process.
Technical issues timeously identified and actioned
Year End and Half year end Reporting
- Prepare CPI Remeasurement Calculation manual calc in Excel) with disclosures
- Prepare other manual lease calculations.
- Perform SOX testing during testing cycles for financial reporting and GL
- Rehabilitation Calculations for Retail & Commercial
- Update Rehab calcs for cycle 2 and 3
- Preparation of Stand-alone for Impairment calculations.
- Provide inputs into biannual impairment reviews for relevant CGU’s
- Ensure all GL reconciliations are performed and completed audit files are delivered for review.
Leases (currently 2) - Sasol Gas.
Preparation of IFRS16 journals for Sasol Gas, check and post journal, confirm balances for month end close.
HYE/YE disclosures & queries from reporting & auditors.
Other Activities during the year.
Operational Excellence through Simplification, Identify improvements and changes required (Automation)
Governance and Compliance
Maintain strong internal controls over decision making
No material audit and SOX findings
Ensure compliance to Group policies e.g. competition law training, declarations of conflict of interest etc.
Effective external/internal auditor relationships to meet reporting requirements/deadlines
Formal Education
4-Year University Bachelor's Degree in Finance or equivalent
Working Experience
Certification
CA or CIMA is a preference
Required Personal and Professional Skills
Sasol is an equal opportunity and affirmative action employer. Inspired by our Purpose of “Innovating for a better world”, Sasol acknowledges that diversity is intrinsic to the fabric of our organisation and is the key to our growth and success. Sasol is committed to the full inclusion of all suitably qualified individuals. Preference will be given to applicants from designated groups and people with disabilities according to Sasol’s Employment Equity Plan. This includes reasonable accommodation to enable individuals with disabilities to perform essential job functions.
Our automated process is designed to efficiently assess a large volume of applications. Should you not hear from us within 60 days of the advert closing then kindly consider your application unsuccessful. Thank you once-more for your interest in Sasol as your employer of choice, and we wish you all the best with your career aspirations and future applications with us.
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