South Africa Job Openings
TotalEnergies
Inventory Accountant
Johannesburg
October 22, 2024
- Degree in BCom or management accounting or with relevant business experience
- Good knowledge of oil industry an advantage
- Knowledge skills required: IFRS, SAP
- Key competencies include analytical ability and attention to detail, time management, planning and organizing skills, ability to work under pressure, good interpersonal skills, and questioning attitude. English is the working language
HSE
- To effectively manage and minimise HSE risk within area of responsibility by ensuring compliance with all HSE Policies, rules, guideline, and legal requirements.
- Promotion of safe working environment and positively contributing to the company HSE KPIs and risk reduction strategies
- That HSE competency requirements are identified & enforced within area of responsibility.
- Performing monthly inventory reconciliations & controls
- Performing monthly Price Change Validations
- Performing monthly Stock Evolution, Stock Analytics & Recon to Trial Balance
- Monthly gains and losses analysis – NBE Mass Balance
- Monthly PRC Calculations.
- Monthly Analysis of MAP vs. Standard Price (Pricing Revaluation)
- Performing monthly Exchange Revaluation and Pipeline Line fill Stock Adjustment
- To obtain explanations for variances between Harmonie and 3rd party reconciliations
- Hard closure and stock count reconciliations.
- Quarterly NRV calculation & adjustment
- Reporting of Inventory and exposures (Volume & Value). Complete all activities to the required standard as per Inventory Accounting control report monthly. Report on any exposures relating to 3rd party recons & Deadstock Provisions.
- Oil flow process and postings. Constant questioning of oil flows, root cause analysis and remedies for problem areas, including the analysis of the integrity of PC and GL postings due to MM flows.
- Adhere to policy: Inventory valuation, Loss approval, Data retention, Contact management and Ethics.
- Ensure 100% SOX Control compliance.
- Ensure any audit risk findings are closed: Team central & DAG.
- Ensure all related balance sheet account are reconciled monthly: Provisions and Manual accounts.
- Review inventory reconciliations performed by business - physical to TL. Performance of the following monthly inventory controls: valuation integrity, movement integrity, management reports. Report all risks and exposures identified and identify additional controls based on risk exposures.
- Comply with departmental procedures and updating thereof where applicable.
- Ensure all journal entries are correct and approved per LOA.
- Report all risks and exposures identified. Identify any additional controls required based on risks and exposures identified.
Corporate culture that encouraged working in silos; lack of process ownership
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