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Senior Financial Manager

2 weeks ago

Johannesburg, Gauteng, South Africa Salix Recruitment Full time

Job Description:

A Senior Financial Manager is required by a reputable motor dealership company to manage financial operations and ensure accuracy in financial reporting.

Duties & Responsibilities:

  • Prepare and analyze financial statements, including balance sheets, income statements, and cash flow statements.
  • Assist in the development of annual budgets and forecasts, monitor performance against budgetary targets, and provide insights to support strategic decision-making.
  • Monitor expenses, analyze cost drivers, and implement cost-saving initiatives to improve profitability and efficiency.
  • Manage inventory accounting processes, including valuation, reconciliation, and tracking of vehicle inventory.
  • Oversee accounts payable and receivable functions, including processing invoices, reconciling accounts, and managing collections to optimize cash flow.
  • Ensure compliance with tax regulations, including sales tax, income tax, and other applicable taxes.
  • Conduct financial analysis, variance analysis, and performance metrics tracking to identify trends, opportunities, and areas for improvement.
  • Establish and maintain internal controls to safeguard assets, prevent fraud, and maintain compliance with company policies and procedures.

Required Skills & Qualifications:

A BCom Accounting qualification and 5-7 years of working experience in a dealership are essential requirements for this position. A strong understanding of dealership accounting principles and practices is also necessary.