Snr Fin Accountant Mining

Closing date

25 February 2025

Reference number

7659

OME

FIN FSA Finance Mining & Gas

City / Town

Secunda

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