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Accounting and Reporting Specialist

1 week ago

Sandton, South Africa Phakisa Holdings (Pty) Ltd Full time
Key Responsibilities

The ideal candidate will have strong technical financial reporting skills, with experience in completing financial accounting reports, including day-to-day execution of financial related activities, and ensuring accurate and timely financial reporting on a monthly basis.

Additional Responsibilities
  • Responsible for F3 activities to assist in the transition from HFM to OneStream reporting.
  • Participate in process and system enhancements (including Power BI and OneStream) and assist in the creation of new financial policy and procedures.
  • Ensure accuracy of GL account mapping used in the various financial reporting systems.
Reporting Requirements
  • Plan, monitor and coordinate 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.
  • Conduct 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.
  • Provide financial information to External & Internal auditors.
  • Serve as the interface between the Energy financial reporting and management accounting teams.
  • Detailed understanding of the applicable financial reporting tool (HFM/OneStream), Power BI Intercompany tool, reporting packs and the Sasol accounting manual.
  • Prepare the Business unit reporting pack.
  • For half year and year end, assist with all statutory reporting deliverables, i.e., responding on queries, managing of overs and unders, annexures sign-offs & analytical reviews.
Budgeting and Forecasting
  • Responsible for month end reporting into the applicable financial reporting tool (HFM/OneStream).
  • Assist with compilation of the budget & Forecast balance sheet and cash flow requirements and capture budgets and forecasts (both IS & BS) in the applicable financial reporting tool (HFM/OneStream).
  • Provide financial information for reporting to the Board/Opscom, if applicable, and for Business Unit reporting.
  • Assist with Adhoc requests during month end, forecast and budget periods.
SOX Compliance
  • Comply with requirements in terms of controls over financial reporting, perform monthly SOX controls and perform SOX testing during testing cycles for GL.
Taxation
  • Preparation of tax returns in conjunction with Group Tax Services.
  • 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.
Team Leadership
  • Manage and develop direct reports. Ensure accurate and timely results are delivered through direct reports.
  • Identify, contribute and support succession planning and career growth.
Requirements and Qualifications
  • Grade 12
  • University Bachelor's Degree in Accounting or related field
  • 6+ relevant years
  • Proven technical financial reporting skills.
  • Working knowledge of SAP
  • Current knowledge of IFRS, relevant Companies Act and Tax knowledge.
Terms and Conditions

R357.26 Money in the Pocket

A temporary project position with a contract duration of 12 months.