Regional Financial Manager - Renault Multifranchise Divisional Office

Job Description

Motus Renault Multifranchise Division is looking for a Regional Finance Manager (RFM) to oversee the financial activities for a group of motor vehicle dealerships within the Division.

This is an exciting opportunity for an experienced automotive finance professional who is looking to expand their scope of responsibility and leadership capability, and is able to thrive in a pressurised environment.

The RFM plays a key role in supporting the dealers from a cost management, results, risk and compliance perspective. The role has many varied responsibilities that include gathering, consolidating and analyzing financial data, problem solving and conducting investigations where required, and producing financial reports, statements and forecasts.

They must also perform audits and assessments, review financial transactions and related documentation to ensure compliance to regulatory requirements and company policy and procedures; and identify and define tools and methods to improve efficiency and optimize use of resources.

The RFM is responsible to lead and support the dealership Finance/ Admin teams, and act as a business partner to dealership and divisional management.

Position Overview

Motus Renault Multifranchise Division is looking for a Regional Finance Manager (RFM) to oversee the financial activities for a group of motor vehicle dealerships within the Division.

This is an exciting opportunity for an experienced automotive finance professional who is looking to expand their scope of responsibility and leadership capability, and is able to thrive in a pressurised environment.

Specific Role Responsibilities

• 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 Accountants are accurate;
• Training of Accountants, mostly on accounting issues, VAT and policies and procedures;
• Reviewing monthly General Ledger audit files;
• Assisting Dealer Principals and Accountants with queries;
• Preparation of financial information and reports for Regional Director (Board packs and presentation);
• Ensuring payments are made timeously and accurately with correct authorisations in place;
• Ensuring that expenses are recognized in correct periods and disclosed correctly;
• Ensuring completeness, validity and accuracy of provisions and accruals;
• Assisting Accountants 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;
• Consolidation of results for Multifranchise Dealerships;
• 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 Accountants and Dealership management;
• To assist Accountants in obtaining the assistance from Dealership Management to carry out their functions effectively;
• To try and 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 Regional Director and Dealer Principals of areas for possible improvements;
• Oversee payroll reporting to ensure correct designations and departments are being used;
• To ensure that costs are controlled, analysis and all cost savings are achieved.

Qualifications and Experience

Minimum Experience

10 years experience in a similar environment.

Accountant/ Financial Manager with motor industry retail experience.

Minimum Qualification

Finance Related Degree

Other Requirements

Computer Literacy Business Applications
Industry legislative compliance/ knowledge.
Valid driver's license

Prior experience using a DMS (e.g Automate/ Autoline/ Kerridge etc.) is mandatory. DRIVE experience highly desired.

EXCEL advanced

General knowledge of generally accepted accounting policies

General knowledge of HR issues and disciplinary procedures

Skills and Personal Attributes

Skills and Expertise Required:

• Communication: Able to communicate professionally at multiple levels in a professional, diplomatic, polite and rational manner even when under pressure.
• Interpersonal competence; effective at working with people.
• Financial Accounting
• Competent application of accounting fundamentals and principles.
• Financial and Accounting Controls experience
• Financial and commercial acumen/ thinking
• Sound knowledge and understanding of accounting and tax concepts, financial statements, trial balance, financial recordkeeping process and books or accounts of the company.
• Interrogates transaction initiating information or data, and understands, records or enters transactions on to the system.
• Analyses and reconciles financial information and data, resolves accounting issues, and reports on such.
• Compiling and presenting reports.
• Planning and organising
• Problem-solving and judgement skills
• Decision making and action orientated.
• Conflict handling
• 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.

Personal Attributes:

• Professional
• High level of detail and accuracy
• Energetic and self-motivated
• Resilient and hard working
• Deadline driven
• Systematic and methodical
• Empathetic when dealing with personnel matters.
• Someone who upholds professional ethics and values.
• Must be assertive and comfortable to share views and ideas in the interest of good financial management of the business.