Senior Budget & Impairment Accountant — Mining

Sasol Limited; Secunda; On-site; ZAR 900,000 - 1,300,000; Full time

Job summary

Sasol Limited is seeking a Senior Management Accountant for Budget & Integration to manage budgeting for Sasol Mining, impairment testing, SMOG calculations, and rehabilitation provisions. This role ensures accurate financial consolidation, SOX controls, and strong management reporting across Mining entities.

The candidate will support business partnering with EXCO and Group Finance, perform scenario analyses, and drive robust financial planning processes within a complex mining portfolio.

Qualifications

• BC_Business Insight
• TC_Financial Planning and Reporting
• BC_Manages Complexity
• TC_Analyse Alternatives and Recommend Solutions
• BC_Plans and Aligns
• TC_Compliance Management
• BC_Ensures Accountability

Responsibilities

• Budget process: Execute the budget process in Mining, Income statement / Balance sheet of Mining and all related entities.
• Upload and balance budgets in OneStream and SAP.
• Calculation of the budgeted dividends to be paid to the External Shareholder.
• Assist with and submit PVPY.
• Calculate transfer prices and perform ad hoc request relating to budget, i.e. scenarios.
• Ensure integrity and completeness of budget information used for management reporting and decision-making.
• Assist with Group budget presentations.
• Execute the integrated value chain (IVC) and standalone impairment testing, bi-annual and annually for the CGU’s in Mining.
• Ensure calculation is accurate and complete.
• Prepare the RPC paper for impairment.
• Mining rehabilitation provision: Execute the Mining rehabilitation provision in OneStream, hard close and financial reporting periods.
• Ensure completeness, accuracy of the provision.
• Prepare monthly reconciliations.
• SMOG: Execute the Table 5 & 6 SMOG calculation.
• Ensure calculation is accurate and complete, following agreed assumptions.
• Ensure long term production profile is signed off.
• Ensure effective execution and oversight of relevant financial controls.
• Maintain appropriate supporting documentation and evidence.
• Support internal and external audit requirements.
• Business Partnering & Decision Support: Be part of the Finance business partner team between Mining BU’s and the EXCO as well as Group Finance.
• Analyse financial and operational information and translate results into presentation to EXCO and Group.
• Support management with financial modelling, scenario analysis and decision-making.
• Identify areas of financial concern and influence corrective actions with operational management.
• Review the accuracy and completeness of SAP and OneStream budget information.
• Maintain appropriate cost/profit centre structures and financial reporting structures relevant to the business.
• Support reconciliation between financial systems and management reporting.
• Identify opportunities to improve financial reporting processes and systems.

Skills

Business Insight

Financial Planning & Reporting

Manages Complexity

Analyse Alternatives

Plans and Aligns

Compliance Management

Ensures Accountability

Education

3-4 year Relevant University Degree

Job description

Sasol Limited is seeking a Senior Management Accountant for Budget & Integration to manage budgeting for Sasol Mining, impairment testing, SMOG calculations, and rehabilitation provisions. This role ensures accurate financial consolidation, SOX controls, and strong management reporting across Mining entities.

The candidate will support business partnering with EXCO and Group Finance, perform scenario analyses, and drive robust financial planning processes within a complex mining portfolio.