SUMMARY:
Dealer Principal
POSITION INFO:
Brackenfell
Duties & Responsibilities
• To ensure maximum efficiency and profitability of the Company whilst giving customer satisfaction. To formulate and administer Company policy.
• To control cash flow, stocks, and assets at a level commensurate with profit requirements and satisfactory return on investment.
• To maximise Company profitability through the sale of vehicles, associated products, parts, and labour.
Relationships and Personal Activities Directly responsible for
Sales Manager, After Sales Manager, Service Manager, Parts Manager, Financial Controller, all Line Management.
• Relationships with: -Vehicle Manufacturers, Banks, Accountants, Solicitors, other
Professional Organizations, SABTA, M.I.F., N.A.D.A., N.A.A.M.S.A., I.M.I., Chamber of Commerce, other Motor Vehicle Dealers, other Companies Representatives, and Suppliers.
• To ensure all departments achieve profit margins as per their objectives. Ensure Company attains an overall net profit as per budgets.
• To continually monitor the financial situation on a daily/weekly basis to achieve financial objectives.
• Examine all accounts, operating controls, and composite figures to initiate improvement or corrective action where required.
• Ensure high level of contact with the bank, ensuring good cash flow, overdraft, and loan facilities as necessary.
• To forecast peak sales criteria and cash requirements.
• To monitor and control availability of vehicle and parts stock in line with customer demand and projected sales.
• Maintain and where possible increase market penetration to meet company objectives.
• Improve stock turnover ratios, reduce stock holding value and increase sales to meet company objectives.
Finance
• To keep financial structure of the Company under constant review.
• To review all pricing policies, sales discounts, fleet discounts, parts pricing, and labour rates.To monitor Labour Performance against known standards.
Experience & Qualification required:
At least 3-year experience in the same role.
Financial Qualification
FICA, FAIS & CPA knowledge
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