Financial and Insurance Manager

4 weeks ago


Germiston, Gauteng, South Africa SiG Labour Corporate Full time
Job Title: Financial and Insurance Manager

Join SiG Labour Corporate as a Financial and Insurance Manager and take on a challenging role that requires strong leadership and financial management skills.

Key Responsibilities:
  • Relationships and Personal Activities:
    • Develop and maintain relationships with vehicle manufacturers, banks, insurance companies, and other professional organizations.
    • Collaborate with other companies' representatives and suppliers to achieve business objectives.
  • Customer Service and Satisfaction:
    • Ensure high levels of customer satisfaction while maximizing profits.
    • Improve customer service and retention by referring customers to in-house financial and insurance facilities.
    • Assist workshop clients with motor plan extension and quotes.
  • Cost Control:
    • Ensure all customer invoices are prepared and submitted on time.
    • Examine daily, weekly, and monthly debtor situations to ensure collection of outstanding accounts.
  • Main Job Functions:
    • Administration:
      • Ensure the department operates within legal parameters, including the National Credit Agreements Act, Insurance Acts, FAIS, FICA, and Tax Laws.
      • Operate within dealership parameters and load electronic applications, contracts, on all bank mediums to facilitate speedy finance approvals and payouts.
      • Use Signio for contract and product documentation and ensure compliance with FIAS files.
      • Assist with DOC, daily figure reporting.
    • Compliance:
      • Adhere to compliance procedures in terms of FAIS, FICA, and other company policies, including Beeswax.
      • Complete required FICA and FAIS documentation and submit completed FIAS files when required.
    • Communication:
      • Maintain good liaison with financial institutions, insurance companies, professional bodies, suppliers, statutory representatives, and all other contacts.
    • Finance:
      • Keep the financial structure of the department under constant review.
    Requirements:
    • Knowledge and experience of the retail motor industry.
    • Skills, experience, and knowledge of modern business methods and controls.
    • Credit Management skills and computer literacy.
    • Required minimum NCA, FAIS credits, and RE exams, CPD points, COB.


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