Inventory Accountant

TOTAL Deutschland GmbH; Pretoria; On-site; USD 40,000 - 55,000; Full time

Job summary

A leading company in the oil industry seeks an Inventory and Result Accountant in South Africa. Responsibilities include managing HSE risks, performing inventory reconciliations, and adhering to SOX compliance. Ideal candidates should have a BCom degree and strong analytical skills, contributing to a diverse and inclusive workplace.

Qualifications

• Degree in BCom, management accounting, or relevant business experience preferred.
• Knowledge of the oil industry is a plus.
• Fluency in English required.

Responsibilities

• Manage HSE risks and ensure compliance.
• Perform monthly inventory reconciliations and controls.
• Analyze stock evolution and calculate monthly PRC.

Skills

Analytical skills

Attention to detail

Time management

Planning

Organizational skills

Interpersonal skills

Questioning attitude

Education

BCom degree or equivalent

Job description

Domain: Finance

Type of contract: Regular position

Experience: Minimum 3 years

Technical skills: Handling high volume of transactions; working with integrated systems

Current challenges: Developing adequate accounting controls and accurate results analysis; organizational culture that encourages siloed work and lacks process ownership

Activities

As an Inventory and Result Accountant, your responsibilities will include:

HSE

• Managing and minimizing HSE risks by ensuring compliance with policies, rules, guidelines, and legal requirements
• Promoting a safe working environment and contributing to HSE KPIs and risk reduction strategies
• Identifying and enforcing HSE competency requirements within your area

Product accounting

• Performing monthly inventory reconciliations and controls
• Validating monthly price changes
• Analyzing monthly stock evolution, stock analytics, and reconciling to trial balance
• Conducting monthly gains and losses analysis (NBE Mass Balance)
• Calculating monthly PRC
• Analyzing MAP versus standard price for revaluation
• Revaluating exchange rates and adjusting pipeline line fill stocks
• Explaining variances between Harmonie and third-party reconciliations
• Performing hard closures and stock count reconciliations
• Quarterly NRV calculation and adjustments
• Reporting inventory and exposure volumes and values, including exposures related to third-party recons and deadstock provisions
• Managing oil flow processes, root cause analysis, and remedies for flow-related issues

Governance

• Adhering to policies on inventory valuation, loss approval, data retention, contact management, and ethics
• Ensuring 100% SOX control compliance
• Closing audit risk findings from team central and DAG
• Reconciling all related balance sheet accounts monthly, including provisions and manual accounts
• Reviewing inventory reconciliations performed by the business and performing monthly inventory controls
• Reporting risks, exposures, and additional controls based on risk assessments

Candidate Profile

Ideal candidates will have:

• A degree in BCom, management accounting, or relevant business experience
• Knowledge of the oil industry is advantageous
• Key competencies: analytical skills, attention to detail, time management, planning, organizational skills, ability to work under pressure, interpersonal skills, questioning attitude; English as the working language

Additional Information

TotalEnergies values diversity, promotes individual growth, and offers equal opportunity careers.

TotalEnergies is an equal opportunity employer. All qualified applicants will receive consideration without discrimination based on race, gender, sexual orientation, age, disability, religion, political beliefs, culture, language, marital status, or family responsibilities.