Financial Manager

2 months ago

Rustenburg, North-West, South Africa Bonafide Human Capital (Pty) Ltd Full time
Job Title: Finance Manager

Our motor dealer client in Rustenburg is seeking a highly skilled Finance Manager to join their team. As a key member of the dealership's management team, the successful candidate will be responsible for managing the financial department and ensuring the dealership's compliance with sound financial practices and good corporate governance.

Key Responsibilities:
  • Prepare and report financial statements to Division, H.O., and auditors (internal and external)
  • Prepare and complete various weekly, monthly, and annual financial statements
  • Complete monthly management reports
  • Compile management accounts, including budgets, cash flows, variance analysis, and commentaries
  • Produce financial and management information
  • Maintain the integrity and reliability of the financial data
  • Ensure that month-end cut-offs are compliant in terms of company policies
  • Manage the effective and timely provision of financial, statutory, and sustainability reporting
  • Oversee accurate reconciliation of all financial records
  • Prepare and complete financial budgets for the dealership
  • Ensure effective and efficient administration of operational costs within budget
  • Identify areas of financial and operational risk and escalate appropriately
  • Supervise cash management activities
  • Manage and report on progress against the operational budget
  • Analyse and interpret financial information
  • Complete analysis of financial data to understand and compare business results
  • Interpret and analyse financial data to draw conclusions and trends from the financial analysis
  • Complete profit and loss analysis
  • Complete and update daily cash flow statements
  • Assist in the preparation and timely filing of all internal accounting and financial reports for governmental and regulatory bodies
  • Accurately calculate and process VAT, provisional tax, etc.
  • Establish and monitor internal controls
  • Implement corporate governance and compliance policies and processes to identify and manage risks and expose liabilities
  • Manage and control the administration and financial processes within the dealership
  • Conduct reconciliation of vehicles, parts, and service assets
  • Verify against accounting records and address all anomalies with senior line management
  • Manage supplier and customer relationships
  • Ensure effective debtors and creditors processes are in place and adhered to
  • Identify opportunities to minimize cost and increase revenue
  • Manage the security of all assets within direct control
  • Attract, retain, appraise, train, coach, and develop finance and administration team members
Requirements:
  • BCom degree with Accounting NQF7+
  • Recognised Management/Leadership Diploma or Certificate – an advantage
  • 5+ years' accounting/financial management experience in a similar environment
  • Relevant experience in the Automotive Industry
  • Relevant experience as a Financial Manager for a premium brand would be an advantage
Skills:
  • 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 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 judgment
  • 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
  • Personal Attributes: Professional, high level of detail and accuracy, energetic and self-motivated, resilient, hard-working, deadline driven, organised and disciplined

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