Senior Management Accountant (NPE) at Sasol

Purpose of Job

• Ensure that sound financial management and reporting practices are implemented and applied in the Business Unit. Ensures effective, accurate and timely reporting to internal stakeholders. Participates and provides input in business decision making, financial management of the business unit and also ensure the effective management of the financial people. Support the cost and profit centre managers with financial analysis and intelligence in a proactive and positive/ critical attitude to facilitate decision making as well as to evaluate the effect of decisions made.

Recruitment Description / Key Accountabilities

• Analyse pricing & volume variances compared to budget or forecast. Processes sales documentation and issues invoices. Variances on pricing and volumes reconciled and explained. Accurate cash flow forecasts presented within agreed deadlines. All supporting documentation on hand. Sales recorded and updated on system. Prepare mass balancing and reconciles gains/losses. Prepare pricing, volume and quality variances. Calculate provision for obsolete inventory. Gains/losses recorded and reconciled on a monthly basis. Variances on pricing and volumes reconciled and explained. Inventory performance measured against working capital targets. Value and volume of inventory known and understood. Dead / slow moving stock identified and correctly valued or written off. Present and confirm the accuracy and completeness of SAP data to cost centre owners. Prepare SAP journals to ensure correct cost allocation between GL accounts and cost centre's. Prepare detail cost centre information to enable cost centre owners in preparing and managing their costs/budgets. Prepare monthly analysis of cost centres to identify areas of concern to be addressed by cost centre owners/BU management. Guidance to cost centre owners on financial decisions including scenario analysis to inform business decisions. Prepare and analyses financial information received for budgets and forecasts. Perform variance analysis of expenditure against budget, prior year and forecast. Give guidance to cost centre owners in terms of budget and forecast trends and requirements. Support finance team in preparing BU/value chain results for budget presentations and quarterly BU Exco forecast presentations. Compare budget and forecast information between different areas to determine and establish best practices. Perform biannual impairment reviews for relevant CGU’s. Prepare GMO/monthly forecast for the BU/value chain, and analyse for reasonableness. Maintain SAP structures to align with BU/value chain requirements and make budget changes accordingly. Prepare daily, weekly and/or monthly cost reporting of the BU/value chain/area results. Provide detail information regarding price and volume variances to cost centre owners. Evaluate completeness of monthly cost and create provisions were necessary. Prepare monthly reconciliations/schedules for GL accounts under their control. Reconciliation of monthly SAP/HFM and BW/Management reporting results. Tracking of financial and operating results against KPIs to be reported to cost centre owners. Prepare variance analysis of current results against annual budget, prior year and forecasts. Provide continuous training to cost centre owners in terms of cost awareness, optimization and available SAP cost reports. Maintain cost and profit centre structure within SAP to ensure alignment with BU/value chain/area requirements. Maintain WBS and/or internal order structure in alignment with BU/value chain/area requirements. Maintain BW structure to align with BU/value chain/area requirements. Identify HFM improvements and changes required for BU. Prepare data in TM management reporting system. Prepare BU/value chain data in Ten Year Model (FST).

Formal Education

• Grade 12
• University Bacherlor's Degree

Min Experience

• Experience: 6+ relevant years
• Behavioural (BC) |Technical (TC) |Leadership (LC)
• 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
• BC_Decision Quality