Accountant: Internal Control & Reporting CEF Trading & Dormants: Five Year Fixed Term

Sandton, South Africa

INTERNAL AND EXTERNAL VACANCY: ACCOUNTANT: INTERNAL CONTROL & REPORTING CEF TRADING & DORMANTS: FIVE YEAR FIXED-TERM

CEF SOC

CEF is a Schedule 2 state owned diversified energy company reporting to the Department of Mineral Resources and Energy. The Mandate of CEF is to contribute to the security of energy supply of South Africa and the Region through exploration, acquisition, development, marketing and strategic partnership. It is derived from the CEF Act (No 38 of 1977) and the Ministerial directives issued thereafter.

JOB PURPOSE

The accountant is responsible for financial reporting, compliance, and transactional accounting in line with the Public Finance Management Act (PFMA) and other regulatory frameworks applicable to CEF. This role ensures accurate financial records, supports audits, and contributes to the effective management of public funds.

REQUIRED MINIMUM QUALIFICATIONS AND EXPERIENCE

  • Matric and Honours degree (NQF8) in Accounting / Finance or equivalent qualification.
  • 3-5 years’ experience in Financial Accounting and reporting process
  • Registration with professional bodies (CA(SA), ACCA or CIMA).
  • Master’s degree (NQF9) in Finance or Accounting will serve as an added advantage

DESIRED ADDITIONAL SKILLS/ COMPETENCIES

  • Principles of front-desk operations and office management
  • Strong technical knowledge of accounting standards (IFRS/GRAP[KR1])
  • Knowledge of the PFMA
  • Knowledge of operational finance, cash flow management and
  • Coordination skills, Communication skills & Time management
  • Information System Skills (ACCAPAC, SAP, etc)
  • Record keeping and documenting skills
  • Attention to details & Problem-solving skills
  • Collaborator, Interpersonal Skills and Stakeholder Engagement & Collaboration
  • Continuous Improvement & Quality Orientation
  • Service orientated, Ethical Conduct & Professional Integrity
  • Conscientious, Assertive and Preference for working with concrete tasks

KEY PERFORMANCE INDICATORS

Financial accounting and reporting

  • Prepare monthly, quarterly, and annual financial statements in accordance with IFRS and PFMA.
  • Ensure accurate general ledger reconciliations and financial data integrity.
  • Assist in the preparation of reports for submission to the National Treasury, Auditor-General, and Board Committees

Operational finance and business support

  • Processing of supplier invoices, payments, and reconciliations.
  • Monitor accounts receivable and follow up on outstanding payments.
  • Ensure that all financial transactions are recorded accurately and on time.

General Ledger and reconciliations

  • Responsible for posting journal entries and reconciliations by posting journal entries and ensuring transactions are classified correctly
  • Processing journal entries such as deprecation, accruals and prepayments
  • Adjust journal entries required to correct misallocations and errors
  • Document supporting evidence for each journal entry
  • Submit journal entries for approval
  • Perform monthly reconciliation of bank accounts, AP & AR ledger, Fixed asset register, payroll, VAT and tax accounts
  • Resolve discrepancies and outstanding balances

Tax submissions

  • Prepare and submit tax returns and statutory fillings in accordance with local regulations.

Finance administration and documenting

  • Responsible for ensuring that all records are stored and filed for easy retrieval
  • Support the team during audits by providing requested information

Publish date:    10 December 2025

Closing Date:   15 December 2025

 

NOTE: The successful candidate/s for the advertised position/s will be required to undergo personnel suitability checks, which includes, criminal records, citizenship, financial checks, qualifications and previous employment (Reference checks). It is the responsibility of the applicant to make sure that foreign qualifications are evaluated by the South African Qualifications Authority and the evaluation certificate is attached to the application on submission. If you do not hear from the CEF SOC three months after the closing date of the advertisement, consider your application unsuccessful.  CEF SOC reserves the right to not fill this position. CEF SOC is an equal employment opportunity and affirmative action employer, and it is committed to the achievement and maintenance of diversity and equity in employment, especially in respect of race, gender and disability. This position will be filled in accordance with the CEF SOC Employment Equity Plan.

 [KR1]Please confirm - From my understanding, GAAP is US appropriate whereas GRAP is the standard for South African public sector entities?