Group Finance Manager

Posted 2 years ago

Our well known automotive vehicle dealer client based in Johannesburg is looking o employ an experienced Group Finance Manager.

Job Description
Reporting to the Finance Director , this position requires someone with vast financial experience in Luxury and Commercial brands to oversee the Finance & Accounting function of the division and to ensure timely provision of financial and statistical reports for management

Position Overview:
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 Financial Managers 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 the Franchise Director (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 assists 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 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 Franchise Director and Dealer Principals of areas for possible improvements;
• To ensure that costs are controlled, analysis and all cost savings are achieved.

Qualifications and Experience
Knowledge, skills and Qualifications:
• 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

Skills and Personal Attributes
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

Job Features

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