Finance Manager – Johannesburg

Our passenger dealer client based in Johannesburg currently holds a vacancy for an experienced Financial Manager.

Must have experience in the Motor Retail Industry.

The role of the Financial Manager in a dealership is multifaceted, encompassing a broad range of tasks that ensure the financial integrity of the dealership.

The role puts you in a unique position to influence decision-making and strategy for the business, and promises an exciting career if you enjoy challenges and problem-solving and can thrive under pressure.

The Financial Manager plays a pivotal role in ensuring that all financial operations run smoothly, from tracking sales and expenses and overseeing inventory management, to preparing detailed financial reports.

Their work not only supports day-to-day business activities but also informs strategic decisions that can drive growth and profitability.

Specific Role Responsibilities

PROCESS AND GOVERNANCE

1. Contribute to the development of the appropriate strategy and set targets within area of accountability.
2. Define standard operating procedures (SOP's).
3. Implement and manage end-to-end processes.
4. Manage all operational risk and risk mitigation initiatives.
5. Monitor and report on progress against operational plan and make adjustments where required.
6. Plan, manage and monitor governance compliance processes in area of accountability in order to manage risks and expose liabilities.
7. Resolve problems with the necessary discretion and guidelines.
8. Conduct reconciliation of vehicles, parts, and service assets, verify against accounting records and address all anomalies with senior line management.
9. Manage the security of all assets (including cash) in line with approved policies, processes and procedures.
10. Monitor and evaluate financial processes for quality and effectiveness and notify stakeholders accordingly.
11. Perform reconciliations of financial records to enable verification of the validity of transactions and the appropriate action where required.
12. Prepare accurate and timeous reporting in respect of key performance metrics and recommendations to improve operational efficiency.
13. Prepare the accurate, timeous and effective input of remuneration including incentives, structures and deductions in compliance with organisational policy.

FINANCE

1. Manage financial activities in line with approved policies and procedures.
2. Manage, monitor and report on budget variances and provide solutions.
3. Authorise and approve all payments and ensure compliance in terms of company policies.
4. Compile management accounts, including budgets, cash flows, variance analysis and commentaries.
5. Ensure accurate billing in respect of accounts and charges, and identify opportunities for saving initiatives.
6. Ensure all reconciliations are complied and reviewed.
7. Ensure effective and efficient administration of operational costs within budget, identify areas of financial and operational risk and escalate appropriately.
8. Identify opportunities to minimise cost or increase revenue.
9. Manage outstanding debtors, cash sales and work in progress to ensure collections are up to date and all risks are identified and actioned.
10. Manage the sales process around vehicle stock books i.e. invoicing and deal files.
11. Manage creditors and ensure all creditors are in line with service level agreements and maximise payment opportunities.
12. Prepare VAT returns and ensure all documents are compliant in terms of SARS directives.
13. Secure the necessary resources to maintain service standards, facilitate problem solving and achieve objectives within budget.

CLIENT / CUSTOMER

1. Deliver services that create a culture which aims to exceed customers' expectations in all aspects of the business.
2. Plan, manage and monitor processes to ensure customer service excellence.
3. Develop and manage key stakeholder relationships that enable achievement of operational objectives.

PEOPLE

1. Create an engaging, enabling and productive work climate aligned to the employee value proposition.
2. Implement and manage workforce planning, recruitment, learning and development, performance management, reward and recognition and employee relations to ensure an optimal working environment.
3. Monitor and positively influence and manage change, and offer operational support where required.
4. Own and live up to company values.
5. Ensure timeous, clear contracting and assessment of performance expectations with direct reports in line with identified objectives.

Qualifications and Experience

Experience Required:

1. 5+ years' accounting / financial management experience in a similar environment, of which at least 2-3 years' in a team lead / management role.
2. Relevant accounting / finance management experience in the automotive industry at dealer level.

Also email CV to J Ljbffr