Senior Financial Accountant Sandton

Phakisa Holdings is currently seeking a Senior Financial Accountant in the Sandton area.

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.

Duties & 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.

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.
• 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.

Month end and Budgets

• 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.

Compliance

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

Tax Support

• 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.

Managing team members

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

Desired Experience & Qualification

• 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.

Package & Remuneration

R357.26 Money in the Pocket A temporary project position with a contract duration of 12 months. #J-18808-Ljbffr