Manager: Group Finance

Our well know automotive passenger vehicle client is looking to employ an experienced Manager: Group Finance, reporting to the Executive: Finance.

Job Description

• Ensuring all Internal and Head Office deadlines are adhered to;
• Be actively involved in Internal and External audit reporting;
• Ensuring information and reports received from Financial Managers are accurate;
• Training of Financial Mangers, mostly on accounting issues, VAT and policies and procedures;
• Reviewing monthly General Ledger audit files;
• Assisting Dealer Principals and Financial Managers with queries;
• Preparation of financial information and reports for the Franchise Executive (board packs and presentation);
• Ensuring payments are made timeously and accurately with correct authorizations in place;
• Ensuring that expenses are recognized in correct periods and disclosed correctly;
• Ensuring completeness, validity and accuracy of provisions and accruals;
• Assisting Financial Managers with setting and monitoring of annual budgets and quarterly targets for all dealerships;
• Ensuring accuracy of all dealerships’ monthly commissions and authorization;
• Ensure that you have correct staff in the correct positions;
• Visiting dealerships to ensure that all policies and procedures are adhered to and that segregation of duties is adhered to;
• Implementing new company policies and procedures as instructed or discussed;
• To develop systems and reports that easily assist management in the management of their businesses;
• To ensure that required functions are correctly carried out by Financial Managers and dealership management;
• To assist Financial Managers in obtaining the assistance from dealership management to carry out their functions effectively;
• To establish best practice amongst dealerships;
• Ensure that all Company assets are managed properly (vehicle stock takes weekly, daily parts perpetuals, two wall-to-wall stock takes annually, two fixed assets counts annually, NATISs & key controls);
• Analyze financial accounts and financial ratios;
• Advise Franchise Executive, Finance Executive and Dealer Principals of areas for possible improvements;
• To ensure that costs are controlled, analysis and all cost savings are achieved.

Position Overview

Our client’s Passenger Division currently holds a vacancy for a Manager: Group Finance for their Passenger Cars Gauteng East businesses.

Reporting to the Executive: Finance, this position requires someone with vast experience in the financial field to oversee the Finance & Accounting function of the group and to ensure timely provision of group financial and statistical reports for management.

Specific Role Responsibilities

Minimum requirement:

• Communication:
• Able to communicate professionally at multiple levels in a professional, polite, and rational manner even when under pressure.
• Interpersonal competence; effective at working with people.
• Financial management and performance reporting
• Financial and commercial thinking.
• Financial and accounting control
• Sound knowledge and understanding of financial, accounting, and tax concepts, financial statements, trial balance, financial record-keeping process, etc.
• Analysing and reconciling financial information and data, identifying auditing discrepancies and reporting on such, ensuring root cause analysis is carried out and corrective and preventive measures are implemented.
• Problem-solving skills and sound judgement.
• Decision-making and action orientated.
• Conflict resolution
• People management and development skills, including effective delegation ability.
• Time management, including the ability to respond to and resolve queries and issues in the minimum amount of time.
• Able to work independently and under pressure.
• Improvement orientation

Qualifications and Experience

• Relevant tertiary qualification
• Financial Manager within the retail motor industry
• Experience minimum 10 years
• Autoline/ Kerridge or DRIVE experience mandatory
• EXCEL advanced
• General knowledge of generally accepted accounting policies
• Valid Driver’s License
• Clear Criminal Record
• Clear Financial Record

APPLICATION REQUIREMENTS:

• Our client is an Equal Opportunity Employer and preference will be given to Employment Equity candidates.

Skills and Personal Attributes

• Professional
• High level of detail and accuracy
• Energetic and self-motivated
• Resilient
• Hard-working
• Deadline driven
• Organised and disciplined.
• Someone who upholds professional ethics and values.
• An independent thinker; comfortable taking a stand in the interest of good governance and isn’t easily pressured.
• Must be assertive and mature in outlook