
INTERNAL AND EXTERNAL VACANCY: SENIOR
ACCOUNTANT: FINANCIAL ACCOUNTING AND REPORTING (IGAS)
CENTRE: CEF
SOC, SANDTON
CEF is a
Schedule 2 state owned diversified energy company reporting to the Department
of Mineral & Petroleum Resources. 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 Senior
Accountant prepares Interim and Annual Financial Statements for the iGas; and
supports the Senior Manager in managing the daily transactions of the iGas.
Provides daily transaction and accounting support for the iGas.
REQUIRED
MINIMUM QUALIFICATIONS AND EXPERIENCE:
DESIRED ADDITIONAL SKILLS/ COMPETENCIES:
- Basic understanding of accounting standards
applied in State-Owned Entities (including principles of IFRS/IFRIS).
- Sound knowledge of financial accounting
processes, particularly transaction management
- Solid understanding of National Treasury
Reporting Guidelines
- Strong grasp of internal controls and compliance
requirements
- Excellent communication skills and analytical
skills
- Ability to work effectively with diverse teams
- Ability to perform under pressure and meet strict
deadlines
- Capability to coordinate complex exercises and
activities
- High level of attention to detail
- Ability to manage people and oversee workflow
- Strong reporting skills
- Effective time-management abilities
- Critical thinking and strong problem-solving ability
- Consistency in accuracy and attention to detail
- Demonstrated integrity and ethical conduct
- Strong planning and prioritization skills
- Ability to engage professionally with stakeholders
- Clear and effective written and verbal communication
- Strong leadership and coaching capability
- Resilience, accountability, and a proactive attitude
KEY PERFORMANCE INDICATORS:
Financial Reporting
- Prepare iGas IFS and AFS for submission to Senior
Manager for review
- Prepare monthly and quarterly iGas financial
performance reports for review by the Senior Manager
- Prepare iGas presentations for review by Senior
Manager
Tax Submissions
- Establish working methods for the submission of tax
returns and provide guidelines to Accountants to avoid penalties
- Review tax returns, SARS requests and reports and
tax reconciliations
- Coordinate the timeous preparation of tax
calculations by the external service provider
- Review VAT for return submissions per subsidiary
- Submit tax returns and income tax returns
Audit Process Facilitation
- Oversee
the develop action plan for internal and external audit findings
- Oversee
the process of implementation of the audit action plans for the AFS report
accordingly
- Implement
the internal and external audit action plans and report accordingly
Internal controls/Financial controls
- Identify risk relating to finance
and act as the risk champion for iGas
- Consolidate and report back on
implementation of risk mitigation plans
- Facilitate development of iGas
policies and procedures (revenues, assets, liabilities, expenditure, Supply
Chain Management/Procurement and Treasury management)
- Ensure standard Finance, Treasury
and SCM Policy Framework across iGas and continuous improvement and compliance
to financial policies and procedures
- Monitor compliance to IFRIS and
National Treasury reporting guidelines
- Assess the adequacy of the
application software for transactions and financial reporting and recommend the
adequate system
Transactional
Accounting Functions
- Perform day-to-day transactional functions encompassing the
following:
- Payments
- management of ledger accounts - preparation and posting of
journals
- technical accounting matters
- Perform monthly reconciliations and
verification of third-party payments
- Manage loan accounts
- Collaborate with SCM in managing
timeous payment of creditors
- Perform Revenue management functions
- Ensure payment of suppliers in
accordance with Treasury Regulations
- Follow-up on the debtors and advise
on overdue debts and propose solutions
- Compile Compliance Certificates on
clearing of accounts and provide reasons for accounts not cleared
People
Management
- Develop staff plans to manage the
staff availability
- Manage the administration of staff
i.e. leave approval and travel expense approval
- Conduct quarterly performance
reviews of subordinates and attend to areas of non-performance
- Identify training and development
opportunities for subordinates
- Provide coaching and mentorship to
subordinates on financial management issues
- Participate in the recruitment of
staff members
- Supervise outputs to ensure the
deliverables of the Department are met
Thought
leadership
- Research new policies
- Lead awareness workshop
- Research /develop new financial
management techniques
Financial advisor
- Advise business on tax matters when
structuring transaction
- Advise business on public finance
management matters when structuring transactions
- Ensure that the contracts concluded
by business have favourable terms
- Advise business
on the impact of their decisions on the financial performance
Publish date: 13 October 2026
Closing Date: 22 October 2026
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.