Our client in the Petrochemical industry is seeking a seasoned Senior Financial Accountant to join them on a 5-month project. 

 

Job purpose:

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 accurate and timely financial reporting on a monthly basis.

 

Job description:

Business Processes/Financial System processes

• Responsible for all the SAP and OneStream reporting.
• Participate in process and system enhancements (including PowerBI and OneStream) and assist in the creation of new financial policies and procedures.
• Ensure accuracy of GL account mapping used in the various financial reporting systems.

 

Statutory Reporting

• 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.
• 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.
• Provide financial information to External and Internal auditors.
• Serve as the interface between the Energy financial reporting and management accounting teams.
• Detailed understanding of the applicable financial reporting tool (OneStream), Power BI Intercompany tool, reporting packs and the accounting manual.
• Prepare the Business unit reporting pack.
• For half year and year end, assist with all statutory reporting deliverables, ie. responding to queries, managing of overs and unders, annexures sign-offs & analytical reviews.

 

Month end and Budgets

• Responsible for month end reporting into OneStream.
• Assist with compilation of the budget and Forecast balance sheet and cash flow requirements and capture financial information for reporting to the Board and for Business Unit reporting.
• Assist with the deregistration and liquidation of dormant entities.
• Assist with adhoc requests during month end, forecast and budget periods.

 

Compliance

• Comply with requirements in terms of controls over financial reporting, performing monthly SOX controls and perform SOX testing during cycles for GL.

 

Tax Support

• Preparation of tax returns in conjunction with Group Tax Services.
• Assist Tax with information to support accurate income and deferred tax calculations.
• Assist with tax and deferrred tax accounting/disclosure in BU with support from BU Tax advisor.

 

Managing team members

• Manage and develop direct reports. Ensure accurate and timely results are delivered through directs reports.
• Identify, contribute and support succession planning and career growth.

 

Job Requirements:

• 3-4 year relevant degree
• Completed articles
• CA (SA)
• 6 years' experience (2 years post articles)
• Proven technical financial reporting skills
• Working knowledge of SAP
• Onestream skills 
• Current knowledge of IFRS, Companies Act and Tax knowledge