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