Financial Analyst at Astron Energy (Pty) Ltd.

Key Responsibilities (but not limited to):

Financial Perspective

• Monthly validation of foreign exchange gains/losses results. Includes performing validation on results of monthly revaluation program executed by financial systems analyst
• Take ownership for accuracy of foreign exchange mapping table in SAP and instruct Financial Systems Analyst to make changes as and when required
• Processing of monthly foreign exchange journals (FBB1 entries) as and when needed to correct entity financial records
• Monthly review of general accountant journals and account reconciliations for South Africa, Botswana and the Development Funds
• Responsible for ensuring intercompany confirmations of transactions and balances are executed timeously by various members of financial team including the intercompany accountant, costing accountant and treasury accountant
• Responsible for collation and consolidation of intercompany transactions and balances reporting with the purpose of ensuring no material imbalances exist with Glencore trading partners at month-end
• Ensuring integrity of financial results through performance of variance analysis on income statement and balance sheet
• Ensuring integrity of financial results through performance of validation and reasonability checks on cash flow statement for South Africa, Botswana and the Development Funds
• Responsible for monthly consolidation and upload of Accounts Payable Aging in SAC
• Responsible for monthly upload of consolidation and intercompany reclassification journal entries to ensure accurate SAC reporting
• Responsible for performance of ad-hoc research into IFRS accounting treatment of new types of transactions entered into by Astron Energy as and when requested by General Accounting Lead

Customer Perspective

• Prepare, distribute and consolidate monthly movement type reporting files for Finance to enable accurate balance sheet movement reporting in HFM
• Prepare consolidated earnings file for South Africa, Botswana and the Development Funds for upload into Glencore group reporting tool (HFM) on a monthly basis
• Co-ordination and consolidation of quarterly additional information pack for South African, Botswana and the Development Funds for submission to Glencore group in HFM
• Assist General Accounting Lead with providing responses to ad-hoc queries from offshore controller and group reporting team
• Planning and coordination of bi-annual statutory audit timelines and auditor deliverables listing
• Annual preparation of AFS lead schedules and relevant supporting documentation for external auditors
• Annual co-ordination of preparation of USD and ZAR/BWP annual financial statements (AFS) for South Africa, Botswana and the Development Funds by external service provider
• Preparation of annual financial statements for smaller Astron entities AEPP Trust,  AEEPP No 2 Trust and Astron Energy Development Funds
• Assist with periodic ad-hoc BEE reporting requirements

Internal Processes

• Ownership of Chart of Accounts management in SAP, HFM and SAC in line with IFRS requirements and Glencore group accounting policy. Periodically review CoA and drive continuous improvement in accuracy of financial reporting
• Deployment of changes in group accounting policy and/or HFM reporting requirements within the company as prescribed by General Accounting Lead
• Review new vendor creation in SAP against supporting documents provided and ensure accuracy before providing sign-off
• Responsible for review and approval of external payments as house bank signatory

People Management

• Oversight over General Accountant ensuring month-end journals are processed and reviewed for all accounts under reconciliation
• Review and sign-off of General Accountant reconciliations on a monthly basis

Professional Qualification and Certifications:

• CA(SA) with strong technical IFRS knowledge

Work Experience:  

• Minimum 5 years’ experience in accounting and finance roles
• Big Four external audit experience and oil and gas experience preferred 
• Experience in external and internal audit management preferred

Knowledge and skills:

• Reporting in terms of IFRS
• SAP, CaseWare and HFM
• Preparation and review of annual financial statements
• Reporting to internal and external offshore shareholders