Assistant Financial Manager

Assistant Financial Manager 1

Operational Entity

• Fixed asset reconciliation and update of asset register for monthly movements.
• Preparation of internal reports.
• Liaise with the business to determine status of capital/construction projects and ensure capitalisation occurs timeously.
• Prepare all supporting calculations and assist with annual insurance renewal.
• Facilitate technical opinion of treatment of various assets that are acquired or disposed off in the business.

• Assist with year-end activities such as tax, preparation for year-end statutory audit and financial statements.
• Assist with annual tax return filing and reconciliation.

• Reconciliation of TB to Qlik View platform for completeness and sense checks.
• Preparation of monthly management accounts and consolidation.
• Preparation of monthly capex in board report formats.
• Preparation of reporting packs for Bankers & submission of Statistical returns.
• Preparation of quarterly board reports.
• Preparation of group annual financial statements.
• Preparation and submission of monthly, quarterly, annual results and budget in specific formats as may be required by shareholder group for operational and holding companies.

• Review of monthly reconciliations.
• Quarterly reports for board pack submission.
• Financial statements at year-end.
• Year-end reviews of tax and deferred tax computations.
• Full accounting function of investment holding company.

• Review and release of payments for the operating entity as and when required.
• Approval of creditor invoices for processing and payment.
• Preparation and maintenance of the prepayment and other ad hoc GL and cash book reconciliations.
• Assist with annual budgetary process.

Directly responsible for management and oversight of oil procurement team and function including (but not limited to) the following responsibilities:

• Review product costings and monthly mass balance for accuracy and completeness.
• Follow up and escalate on stock losses identified.
• Review check and authorise Supplier invoices for Oil purchases prior to payments.
• Review of Supplier reconciliations and accrual accounts and ensure queries and disputes resolved timeously.
• Forex exposure management on a deal-by-deal basis.
• Provide management and supervision of team.

• Prepare reserve bank applications for foreign payments and transactions.
• Prepare weekly cash flow forecast.
• Prepare LC applications and other General Short Term Banking facility utilisations on Standard Bank Portal and resolve queries with supplier and bank.

• Assist with implementation changes to Software (inhouse and Syspro).
• Manage system Admin team.

• Ad hoc assignments as and when required by management.
• Provide technical opinion on business imperatives/strategies as and when required.

• Essential
  : CA (SA) or CIMA or B Comm (Accounting)
• Essential
  : 6 years or more years Financial Accountant/ Manager
• Preferable
  :
  Articles at one of the major audit firms.

• Essential
  :
  Exposure to any large reporting system e.g. SAP or SYSPRO, Microsoft Office Suite, Advanced excel, Data query logic and systems development.

CLOSING DATE: 27 February 2026