Job Description

Sasol is a global integrated chemicals and energy company with a 70-year heritage. Through our talented people, we use our expertise and selected technologies to safely and sustainably source, manufacture and market chemical and energy products globally. When you join Team Sasol, you are joining a company that puts people at the center of everything we do.Sasol invests in its employees along every stage of the career path and offers development opportunities to help you cultivate your career in a culture that embraces diversity and inclusion.Job Req ID4779Closing Date26 June 2024OMEFIN: Finance Southern AfricaLocationSandton,GautengPurpose of JobTo manage the business financial activities and processes (gatekeeper for Finance), provide financial decision support to business/ and be a pro-active business partners to achieve optimal financial performance. To provide finance support for the buying and selling of crude oil, petroleum products and fuel blending components including other activities such as shipping and risk management (hedging) operations.To provide a comprehensive accounting service to the trading team and various Sasol stakeholders which facilitates the decision-making process related to business direction and participates in the day-to-day supervision of/and the execution of financial related activities.Recruitment Description / Key Accountabilities

• Establish an environment and team with sufficient accounting knowledge and close involvement with business activities in order to identify business issues and establish the impact on the cash management, accounting and financial reporting.

• Ensure strict controls over cash management including ensuring payments are made on time, letters of credit or other guarantees are issued when required, daily monitoring of transactions, working closely with the trading team, as well as reporting for group purposes. Must have a good understanding of hedging, and be able to explain in detail price and volume variances.

• Provide input into contractual matters and dispute resolutions (where applicable). Develop, implement and maintain a sustainable internal control framework through good corporate governance, strategy, systems, policies, procedures and risk management to ensure compliance within the internal and regulatory operational framework.

• Report to the VP Trading & JV Management and Head of Trading on the daily, monthly, budget, forecasted financial performance, or other ad-hoc requests.

• Perform variance analysis for management and group reporting.

• Oversee and prepare the budget and forecast, including full financials and detailed cash flow requirements.

• Oversee accounting (in terms of relevant standards and Sasol Group Accounting Manual), analysis of transactions, recommendation and reporting of hedge transactions (knowledge of hedge accounting required).

• Report to the Crude Oil Procurement Committee and Hedging Committee (including Sasol Oil Board) regarding hedging status and progress.

• Liaise with both internal and external auditors and ensure compliance to SOX and internal control

Formal EducationUniversity Bachelor's Honours DegreeCertificationCA(SA) would be an advantageMin Experience10 Years Relevant ExperienceBehavioural (BC) |Technical (TC) |Leadership (LC)TC_Financial AnalysisTC_Planning and OrganisationTC_Financial ControllingTC_ReportingTC_Compliance ManagementLC_Commercial AgilityLC_Business OwnershipLC_Drives InnovationLC_Customer CentricityLC_CollaborativeLC_InspirationalLC_Builds TalentLC_Developing SelfLC_PartnershipsLC_Delivery ExcellenceSasol is an equal opportunity and affirmative action employer. Inspired by our Purpose of Innovating for a better world, Sasol acknowledges that diversity is intrinsic to the fabric of our organisation and is the key to our growth and success. Sasol is committed to the full inclusion of all suitably qualified individuals. Preference will be given to applicants from designated groups and people with disabilities according to Sasol's Employment Equity Plan. This includes reasonable accommodation to enable individuals with disabilities to perform essential job functions.Our automated process is designed to efficiently assess a large volume of applications. Should you not hear from us within 60 days of the advert closing then kindly consider your application unsuccessful. Thank you once-more for your interest in Sasol as your employer of choice, and we wish you all the best with your career aspirations and future applications with us.

Sasol