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.

Closing date

13 February 2024

OME

Energy Business

Business Unit

Energy Biz - Finance & IM

Role Category

Optimisation

City / Town

Sandton, Gauteng

Purpose of Job

Provide a consolidated overview of Sasol Oil business performance to both finance and business stakeholders.

Coordinate and standardise statutory reporting, board and governance submissions, monthly management reporting, budgets and forecasting.

Support the implementation and application of sound financial management and reporting practices.

Manage effective, accurate, and timely reporting to internal stakeholders.

Recruitment Description / Key Accountabilities

• Drive the consolidation of the Sasol Oil P&L to provide a single view of the business.
• Identify KPIs to measure the Business Performance and create dashboards to make performance visible.
• Provide comprehensive insights through robust analysis of financial results in Sasol Oil identifying key results /significant business issues and risks to statutory compliance.
• Prepare a monthly report to the VP Finance and track the financial results of Sasol Oil and advise on any key risks and vulnerabilities or where they may be need for interventions.
• Analyse financial and general operating information to identify trends and opportunities.
• Use data analytics and scenario planning to analyse the results, identify trends and anticipate movements in the results.
• Analyse and validate the business unit budget / forecast results against set targets.
• Track monthly reporting requirements and provide guidelines to Oil team to drive standardisation and consistency.
• Track the financial results, perform business and producing asset profitability analysis (ROIC)
• Prepare weekly volumes report to the BU/Divisional EXCO identifying key results, variances and opportunities to the forecast.
• Participate and track Integrated business process and ensure relevant measures are tracked and aligned to strategy.

Recruitment Description / Key Accountabilities

• Analyse and evaluate the impact of key economic indicators changes on profit expectations.
• Perform variance analysis against annual budget, prior year, previous month and forecasts. Review variance analysis for annual reports.
• Assist in setup of the Onestream/Reporting factory to enable complete and standardised reporting for Sasol Oil.
• Manage key deliverables to the Business Controlling team (PVPY, Quarterly BPM, Analyst book information, Roadshow files etc).
• Prepare consolidated financial presentations, forecast, and scenario analysis for actual and forecasting scenarios.
• Maintain sound internal controls over financial reporting and compliance with the Sarbanes Oxley Act (SOX). Review business controls to ensure effectiveness and adherence thereto is in place.
• Embed proper governance and strengthen internal control environment through review and audits.
• Prepare timely and accurate submission of dividend assessments for recommendation to the Sasol Oil Board by the Sasol Oil Governance Committee (Sasol Oil dividend computations and resolutions).
• Participate in business decision making, analyse business performance to support strategic decisions.

Recruitment Description / Key Accountabilities

• Identify improvements and changes required to processes and systems and drive automation. Drive automation of the standard reporting to minimise human intervention.
• Manage data sources underpinning the standardised reporting to ensure data integrity and accurate reporting.
• Drive the mapping of business and financial processes to support internal control assertions.
• Manage engagement with all stakeholders, including business management, internal and external auditors.
• Drive performance and career development for self and team.

Formal Education

University Bachelor's Hons degree

Min Experience

Experience: 10+ relevant years

Behavioural (BC) |Technical (TC) |Leadership (LC)

TC_Financial Analysis

TC_Planning and Organisation

TC_Financial Controlling

TC_Reporting

TC_Compliance Management

LC_Commercial Agility

LC_Business Ownership

LC_Drives Innovation

LC_Customer Centricity

LC_Collaborative

LC_Inspirational

LC_Builds Talent

LC_Developing Self

LC_Partnerships

LC_Delivery Excellence

Sasol 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.

Sasol