PETROSA VACANCIES

PETROSA

ASSISTANT FINANCIAL ACCOUNTANT – CREDITORS (2023)
Listing reference: petro_000106
Listing status: Online
Apply by: 20 July 2023
Position summary
Industry: Chemical, Petrochemical, Oil & Gas
Job category: Accounting, Auditing
Location: Cape Town
Contract: Permanent
Remuneration: Negotiable
EE position: Yes

Introduction
The Petroleum Oil and Gas Corporation of South Africa (PetroSA): The Petroleum Oil and Gas Corporation of South Africa (SOC) Limited (PetroSA) is the national oil company of South Africa and is registered as a commercial entity under South African law. PetroSA is a subsidiary of the Central Energy Fund (CEF), which is wholly owned by the State and reports to the Department of Energy. The company holds a portfolio of assets that spans the petroleum value chain, with all operations run according to world-class safety and environmental standards.

Job description
Job Purpose: Perform accounts payable activities in compliance with company policies and accounting practices to ensure suppliers are paid on time and no penalties are incurred.

Responsibilities:

Perform accounting services such as preparing journals for posting/ authorisation in ledger, account reconciliations, manage and clear the ‘Goods Received Not Invoiced’ account, investigate, and escalate financial related discrepancies for resolution, to ensure journals and reconciled accounts are completed accurately and timeously.
Prepare cash flow forecasts for accounts payable within agreed percentage deviations and accurate cash flow forecasts are presented to Treasury in accordance with PetroSA’s policies and procedures to ensure the optimal management and utilisation of cash.
Maintain and control master records in accordance with PetroSA’s policies and procedures to ensure accounts payable/ general ledger is stored and updated in a controlled environment.
Process payments to creditors timeously in compliance with credit terms and ensure that all exceptions are investigated and resolved, and vendor reconciliation is reviewed and approved before payment runs to ensure suppliers are paid on time and discounts are optimised.
Perform general ledger reconciliation and identify, investigate, and resolve discrepancies in accordance with accounting practices and regulations to enable the alignment of financial transactions to tax returns.
Participate in testing and approve system changes, incorporating user requirements and provide training and support to users to ensure transfer of skills and optimal utilisation of the system.
Calculate creditors days for monitoring of payment terms and inclusion in the quarterly divisional scorecard to ensure that performance is monitored.
Prepare quarterly intercompany and related party confirmations to ensure accurate and complete consolidation of the PetroSA group.
Verify the release strategy requirements on behalf of the business to ensure that transactions are released at the correct levels.
Provide an advisory service to customers on financial information relating to statutory information and on the implementation of financial systems and related policies and procedures, to ensure quality customer service and alignment of business initiatives to financial system requirements.

Minimum requirements
Minimum Qualifications:

National Diploma in Accounting

Minimum Experience:

3 - 5 years related creditors experience
SAP experience would be an added advantage.

Knowledge & Competencies:

International Financial Reporting Standards (IFRS)
Generally Acceptable Accounting Practice (GAAP)
Public Financial Management Act (PFMA)

NB: As part of our recruitment process, candidates will be required to undergo Vetting/Security clearance.

PetroSA is committed to Equality, Employment Equity, and Diversity regarding employment opportunities and accordingly preference will be given to historically disadvantaged groups.

APPLY HERE

HEAD: EMPLOYEE RELATIONS
Listing reference: petro_000105
Listing status: Online
Apply by: 20 July 2023
Position summary
Industry: Chemical, Petrochemical, Oil & Gas
Job category: Legal
Location: Western Cape
Contract: Fixed Term Contract
Remuneration: Market Related
EE position: Yes

Introduction
The Petroleum Oil and Gas Corporation of South Africa (PetroSA): The Petroleum Oil and Gas Corporation of South Africa (SOC) Limited (PetroSA) is the national oil company of South Africa and is registered as a commercial entity under South African law. PetroSA is a subsidiary of the Central Energy Fund (CEF), which is wholly owned by the State and reports to the Department of Energy. The company holds a portfolio of assets that spans the petroleum value chain, with all operations run according to world-class safety and environmental standards.

Job description
Job Purpose: Manage Employee Relations to ensure the maintenance of a healthy and harmonious employee relations environment.

Responsibilities:

Manage the development, implementation and reporting of Employee Relations strategy, policies, and procedures to ensure that PetroSA complies with current legislation and Labour Relations best practices.
Manage the ongoing analysis of employee relations data to identify trends and determine levels of staff satisfaction to create and develop programs and initiatives that will support strategic efforts to create an ideal work environment.
Provide documentation and support to contracted in labour lawyers when processing a dispute and legal case to ensure the best outcome for the organisation.
Manage and coordinate the implementation of employee relations strategies and plans to achieve employee relations strategic objectives.
Conducting or supporting management in wage or dispute negotiations to ensure a positive outcome for the organisation.
Investigate and respond to complaints involving complex employment matters with union and non-union employees and prepare comprehensive investigation reports which include recommendations for complaint resolution.
Manage the compilation, implementation, and monitoring of the Employee Relations department budget to ensure funds are optimally utilised and service delivery within budget.
Manage the communications and relations with labour unions ensuring healthy relations between PetroSA and labour unions are maintained.
Manage the counselling and training of managers, Supervisors and employees on Employee Relations and ensure they are equipped to deal with Employee Relations issues.

Minimum requirements
Minimum Qualifications:

Post graduate degree in Labour Law or Human Resources or Industrial Relations majoring in Labour Law or a certificate in Labour Relations

Minimum Experience:

8-10 years relevant experience in Human Resource Management with particular emphasis on Employee Relations with a minimum of 5 years experience in management, wage negotiations, collective bargaining and operating in a highly unionised environment.

Knowledge & Competencies:

BBBEE Codes; Labour Relations Act; Employment Equity Act; Basic Conditions of Employment Act;
Bargaining Councils
CCMA operations
Negotiations
Report writing

NB: As part of our recruitment process, candidates will be required to undergo Vetting/Security clearance.

PetroSA is committed to Equality, Employment Equity, and Diversity regarding employment opportunities and accordingly preference will be given to historically disadvantaged groups.

APPLY HERE

HEAD: ORGANISATIONAL DESIGN, REMUNERATION & PAYROLL
Listing reference: petro_000104
Listing status: Online
Apply by: 19 July 2023
Position summary
Industry: Chemical, Petrochemical, Oil & Gas
Job category: Admin, Office Support and Services
Location: Western Cape
Contract: Fixed Term Contract
Remuneration: Market Related
EE position: Yes

Introduction
The Petroleum Oil and Gas Corporation of South Africa (PetroSA): The Petroleum Oil and Gas Corporation of South Africa (SOC) Limited (PetroSA) is the national oil company of South Africa and is registered as a commercial entity under South African law. PetroSA is a subsidiary of the Central Energy Fund (CEF), which is wholly owned by the State and reports to the Department of Energy. The company holds a portfolio of assets that spans the petroleum value chain, with all operations run according to world-class safety and environmental standards.

Job description
Job Purpose: Manage the delivery of the HR Remuneration & Payroll and Organisational design transactions to all management and employees across multiple locations and business units to ensure the efficient and effective processing of employee remuneration, benefits, rewards, and an up-to-date organisational chart that is aligned to the business Strategy.

Responsibilities:

Promote the building of a new corporate identity, grounded on the integration of diverse cultures and achievements of EE targets to ensure PetroSA’s Transformation
Provide strategic direction and input into determining the remuneration, rewards and organisational design strategy and plan to ensure the attraction and retention of talented staff.
Manage the communication of the organisational design and remuneration & benefits policies and procedures to achieve Human Capital strategic objectives.
Manage and coordinate the implementation of the payroll and benefits processing to ensure employees are paid according to agreed timelines and legislative requirements.
Manage and coordinate the implementation of organisational change/design processing to ensure that all approved structural changes are implemented timeously, and document filed correctly.
Manage the implementation of best practices and principles for processing of shared services transactions and remuneration and benefits to attract and retain the best employees.
Manage and coordinate the implementation of the remuneration structures and systems to ensure that employees are remunerated at the correct level.
Manage and coordinate the implementation and distribution of performance-based rewards to ensure appropriate levels of remuneration are applied to performance delivery.
Manage the performance monitoring and reporting of the Organisation Design, Remuneration & Payroll operations, and l processing to ensure the departmental SLAs are met.
Manage and maintain personal and organisational change records to ensure availability of records for governance and compliance.
Manage the implementation of the time management processes and systems to monitor and control absences.
Develop, manage and monitor the departmental budget to ensure funds are optimally utilised toward service delivery.
Manage and monitor the implementation of Organisational Design, Shared Services and Payroll processing to ensure effective and efficient delivery of Organisation Design, Remuneration & Payroll transactions according to SLA’s.
Manage and monitor the insured benefit providers service delivery to ensure the organisational objectives and Human Capital strategy is achieved.
Manage subordinates’ performance and development of learning and growth plans to ensure good performance delivery, retention, and talent development.

Minimum requirements
Minimum Qualifications:

Relevant Advanced Diploma (NQF Level 7)/Bachelor’s Degree
Equivalent Master’s Degree will be an added advantage

Minimum Experience:

8 - 10 years progressive work experience in organisational design, remuneration and payroll experience which 3 years should be at Management level

Knowledge & Competencies:

Financial/Payroll/OM/Design processes and systems
BBBEE Codes; Labour Relations Act; Employment Equity Act; Basic Conditions of Employment Act
Income Tax and SARS Regulations
SAP HR

PERFORMANCE MANAGEMENT ACCOUNTANT
Listing reference: petro_000102
Listing status: Online
Apply by: 16 July 2023
Position summary
Industry: Chemical, Petrochemical, Oil & Gas
Job category: Banking, Finance, Insurance. Stockbroking
Location: Cape Town
Contract: Permanent
Remuneration: Market Related
EE position: Yes

Introduction
The Petroleum Oil and Gas Corporation of South Africa (PetroSA):The Petroleum Oil and Gas Corporation of South Africa (SOC) Limited (PetroSA) is the national oil company of South Africa and is registered as a commercial entity under South African law. PetroSA is a subsidiary of the Central Energy Fund (CEF), which is wholly owned by the State and reports to the Department of Energy. The company holds a portfolio of assets that spans the petroleum value chain, with all operations run according to world-class safety and environmental standards.

Job description
Job Purpose: Provide performance management accounting and perform all related accounting duties for the corporate accounting function and for the business Divisions in accordance with International Financial Reporting Structures (IFRS) and PetroSA's policies and procedures to ensure financial performance is monitored and reported to enable sound financial business decisions.

Responsibilities:

Perform accounting services by processing journals, account reconciliations, investigate and escalate financial related discrepancies for resolution in accordance with IFRS to ensure journals and reconciled accounts are completed accurately and timeously.
Analyse variances between budgets and forecasts and explore potential problems with cost centre holders to ensure proactive approach to cost management.
Provide an advisory service to key stakeholders on the implementation of financial systems and related policies and procedures to ensure alignment of business initiatives to financial system requirements.
Generate and analyse monthly cost reports with cost centre holders to ensure correct allocation of costs between cost elements, cost centres and profit centres.
Provide guidance to cost centres holders in compilation of budgets and rolling forecasts in accordance with IFRS, statutory regulations and PetroSA’s policies and procedures to ensure alignment with corporate objectives and consistency of accounting practices within the business.
Consolidate annual budget for presentation and prepare financial reports (including subsidiaries) for EXCO, Board sub-committees, the Board and CEF in accordance with accounting practices and PetroSA’s policies and procedures to ensure accurate and timely reporting to relevant stakeholders.
Check the accuracy and completeness of SAP data and assist in identifying cost savings with cost centre holders to ensure correct captured information and professional service to cost centres holders.
Execute the calculation of the company WACC rates once a year by updating the current model metrics or design a new WACC calculation model. New WACC rates models to make provision for various rates.
Introduce the latest data analytics tools and practices to enable a more efficient and insightful approach to financial data presentation.
Assist staff and customers with information relating to their cost centres, budgets, forecast and performance management system.

Minimum requirements
Minimum Qualifications:

Advanced Diploma (NQF Level 7)/Bachelor’s degree in accounting

Minimum Experience:

3 years accounting experience

Knowledge & Competencies:

International Financial Reporting Structure (IFRS)
Public Financial Management Act (PFMA)
Data Analytics tools and practices
Financial Modelling
SAP FI

DEBTORS ADMINISTRATOR
Listing reference: petro_000101
Listing status: Online
Apply by: 16 July 2023
Position summary
Industry: Chemical, Petrochemical, Oil & Gas
Job category: Banking, Finance, Insurance. Stockbroking
Location: Cape Town
Contract: Permanent
Remuneration: Market Related
EE position: Yes

Introduction
The Petroleum Oil and Gas Corporation of South Africa (PetroSA):The Petroleum Oil and Gas Corporation of South Africa (SOC) Limited (PetroSA) is the national oil company of South Africa and is registered as a commercial entity under South African law. PetroSA is a subsidiary of the Central Energy Fund (CEF), which is wholly owned by the State and reports to the Department of Energy. The company holds a portfolio of assets that spans the petroleum value chain, with all operations run according to world-class safety and environmental standards.

Job description
Job Purpose: Perform accounts receivable tasks in compliance with PetroSA’s policies and procedures and relevant accounting practices to ensure debtors are invoiced and payments are received in accordance with terms and conditions.

Responsibilities:

Process sales documentation, generate and issue invoices and monthly statements to customers in compliance with PetroSA’s policies and procedures to ensure that all goods issued have been billed on SAP, statements are accurate and distributed timeously and legal and tax requirements are maintained.
Review debtors age analysis and process dishonored advices and interest reversals after interest bearing overdue accounts are identified and approved in compliance with company policy and limits of authority to ensure collections and refunds are made timeously.
Process invoices, debit notes and credit notes in accordance with PetroSA’s policies and procedures to ensure queries are resolved and payments are made timeously.
Provide Treasury with completed cash flow forecasts for accounts receivable through utilising the age analysis report to ensure the return on investments are optimised.
Process the general reconciliation and journals and ensure that all listed items are current and accurately reflected to ensure compliance to accounting practices.
Reconcile debtor statements and investigate discrepancies with Trading, Marketing & Sales and Blending & Storage or debtor as required in accordance with PetroSA’s policies and procedures to ensure timely resolution and enable the optimisation of payment terms and to avoid interest being incurred.
Monitor customer accounts by blocking and unblocking accounts if overdue and / or over credit line and terms to ensure compliance with PetroSA’s policies and procedures.
Clearing of customer line items on accounts after payments received from Debtors to ensure payment terms are optimised to improve cash flows.
Create and maintain master data on SAP to create new accounts, credit lines and terms to ensure an updated system of customer information is accessible and aligned with PetroSA’s policies and procedures.
Provide an advisory service to customers on financial information relating to statutory information and on the implementation of financial systems and related policies and procedures, to ensure quality customer service and alignment of business initiatives to financial system requirements.

Minimum requirements
Minimum Qualifications:

Grade 12 with Mathematics/Economics/Consumer/Business Studies

Minimum Experience:

2 - 3 years’ experience in debtors’ administration
SAP experience would be an added advantage

Knowledge & Competencies:

International Financial Reporting Standards (IFRS)
Generally Acceptable Accounting Practice (GAAP)
Public Financial Management Act (PFMA)
SAP FI

ASSISTANT MANAGEMENT ACCOUNTANT
Listing reference: petro_000100
Listing status: Online
Apply by: 16 July 2023
Position summary
Industry: Chemical, Petrochemical, Oil & Gas
Job category: Banking, Finance, Insurance. Stockbroking
Location: Mosselbay
Contract: Permanent
Remuneration: Negotiable
EE position: Yes

Introduction
The Petroleum Oil and Gas Corporation of South Africa (PetroSA): The Petroleum Oil and Gas Corporation of South Africa (SOC) Limited (PetroSA) is the national oil company of South Africa and is registered as a commercial entity under South African law. PetroSA is a subsidiary of the Central Energy Fund (CEF), which is wholly owned by the State and reports to the Department of Energy. The company holds a portfolio of assets that spans the petroleum value chain, with all operations run according to world-class safety and environmental standards.

Job description
Job Purpose: Assist in performing management accounting functions, including processing journals, account reconciliations, financial reporting, providing input to forecasting and budgeting updates and all related duties in accordance with International Financial Reporting Structures (IFRS), PetroSA's policies and procedures and statutory regulations.

Responsibilities:

Perform accounting services such as processing journals, account reconciliations, file documentation accordingly, investigate and escalate financial related discrepancies for resolution in accordance with IFRS, to ensure journals and reconciled accounts are completed accurately and other required accounting activities.
Advise and guide cost centre holders regarding cost allocation and perform relevant adjustments as required in compliance to relevant accounting policies and procedures to ensure information captured is reliable and accurate to make well informed business decisions.
Analyse monthly variances between budgets and actuals and explore potential problems with cost centre holders in compliance to relevant accounting policies and procedures to ensure proactive approach to cost management and to make well informed business decisions.
Analyse quarterly and annual variances between actuals, budgets and forecasts explore potential problems with cost centre holders in compliance to relevant accounting policies and procedures to ensure proactive approach to cost management and to make well informed business decisions.
Process the raising of invoices on JV partners for cost incurred, process journals for abandonment, insurance, interest and for cost incorrectly captured by creditors, follow up on invoices and payment and process accruals for outstanding invoices for PASA to ensure accurate, complete and relevant data is utilised in financial reporting.
Process the raising of invoices on JV partners for cost incurred, process journals for abandonment, insurance, interest and for cost incorrectly captured by creditors, follow up on invoices and payment and process accruals for outstanding invoices for PASA to ensure accurate, complete and relevant data is utilised in financial reporting.
Perform the continuous monitoring of AUX/ Projects in accordance with PetroSA's policies and procedures to ensure completeness and accuracy of financial data.
Assist staff and customers with information relating to financial statements including forecasts and budgets to ensure quality customer service.

Minimum requirements
Minimum Qualifications:

National Diploma in Accounting

Minimum Experience:

1-2 years management accounting experience

Knowledge & Competencies:

International Financial Reporting Structure (IFRS)
Public Financial Management Act (PFMA
Statement of Recommended Practice (SORP)
Financial Systems
SAP

RECEPTIONIST
Listing reference: petro_000097
Listing status: Online
Apply by: 11 July 2023
Position summary
Industry: Chemical, Petrochemical, Oil & Gas
Job category: Admin, Office Support and Services
Location: Cape Town
Contract: Permanent
Remuneration: Market Related
EE position: Yes

Introduction
The Petroleum Oil and Gas Corporation of South Africa (PetroSA): The Petroleum Oil and Gas Corporation of South Africa (SOC) Limited (PetroSA) is the national oil company of South Africa and is registered as a commercial entity under South African law. PetroSA is a subsidiary of the Central Energy Fund (CEF), which is wholly owned by the State and reports to the Department of Energy. The company holds a portfolio of assets that spans the petroleum value chain, with all operations run according to world-class safety and environmental standards.

Job description
Job Purpose: To perform the frontline functions of reception and switchboard and co-ordinates the availability of meeting rooms to meet internal client requirements to ensure an efficient and well-functioning reception.

Responsibilities:

Coordinate and conduct all frontline reception activities (managing visitors, maintaining an inviting space etc.) for the rendering of efficient reception services.
Receive and respond to office correspondence (direct internal and external calls; divert departmental absences etc.) and manage switchboard appropriately, for the accurate routing of correspondence.
Maintain and effect all updates and changes to the internal telephone directory for the corporate office, to ensure records reflect changes accordingly.
Manage electronic meeting-room requisitions and address conflicts appropriately and monitor the supply of equipment and refreshments as requested, for the efficient processing of meeting-room bookings and requirements.
Perform routine administrative tasks e.g., petty cash requisitions, stationery orders etc. and keep records of financial expenditures, to maintain a functional office environment.
Assist with organizing and coordinating departmental functions, events and meetings to ensure adequate planning and minimize ambiguity.
Execute and monitor that all documentation is recorded and stored according to ISO standards and the SHEQ practices are being adhered to ensure a safe and healthy working environment.
Contain expenditure within the budget guidelines to ensure that funds are optimally utilized in service delivery.
Assist staff with any requests or queries related to the daily operation of the corporate office for quality customer service.
Manage the development and implementation of a personal learning and growth plan to ensure continued development.

Minimum requirements
Minimum Qualifications:

Matric

Minimum Experience:

2 - 3 years’ front-line Reception, Switchboard or Clerical experience

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