Posted on: 28 September 2023
ID 887083

Finance Manager

As a global premium leader in the fishing industry, the Oceana Group seeks to bring on board exceptional professionals who will help advance our mission to positively impact lives.
Our core business is the catching, processing, marketing and distribution of canned fish, fishmeal, fish oil, lobster, horse mackerel, squid and hake. But that's just on the surface, deep down we are so much more. We are ranked as one of the top 20 seafood companies in the world by market capitalisation. We have a global presence and Oceana is a black-owned company and a level 1 B-BBEE contributor.
This opportunity is available within our Lucky Star Marketing Department and will report to the Financial Director& Business Process Re-engineering and will have 4 direct subordinates, namely an Accountant; 2 Assistant Accountants and a finance Clerk.
Purpose of the role:
The Finance Manager will be responsible for collecting, organising, analysing and reporting financial and management information for the Lucky Star Sales and Marketing division. Furthermore this role will be responsible for offering insights and financial advice that will facilitate best business decisions for the company.
Key Responsibilities:

  • Manage finance team members providing guidance and training.
  • Review business budgets and forecasts.
  • Preparation of BBBEE schedules and scorecard on a monthly basis.
  • Ensure finance team completes monthly/quarterly deliverables in line with Group deadlines.
  • Review and approve monthly general ledger reconciliations.
  • Coordinates the preparation of the external audit materials.
  • Directs internal audits involving the review of accounting and administrative control
  • Prepare and review financial reports for monthly management meetings.
  • Prepare the annual insurance declarations.
  • Review weekly cash flow forecasts and evaluate and investigate variances.
  • Review forward cover requirements for foreign purchase contracts and ensure that adequate cover is in place in line with Group Forex Policy.
  • Prepare annual tax return schedules and tax calculations.
  • Review and approve statutory statutory/government returns (example SARB returns and Stats SA)
  • Understand and adhere to financial regulations and legislation.
Knowledge, Skills & Attributes:

  • Good communication skills
  • Accuracy and attention to detail
  • Ability to work as part of a team
  • Strong time management skills
  • Ability to work independently and implement systems and procedures.

Qualifications and experience

  • CA(SA)
  • Proven experience as a Financial Manager with minimum 3 years' experience in a similar role
  • Demonstrated experience with Consolidations' ;IFRS and Tax & VAT
  • SAP experience beneficial (FI, CO, MM & SD)
  • Advance Excel skills
Essential behavioural competencies:

  • Decision making and judgement
  • Action Orientation
  • People management/Leadership
  • Teamwork
  • Interpersonal skills
  • Integrity
  • Relationship building
  • Written and verbal communication
  • Numerical reasoning
  • Analytical thinking
In support of the company's Employment Equity Plan, applicants from designated groups will be given preference for this position.
If you are not contacted within two weeks of closing date,
Occupation:
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