Motus Nelspruit Multifranchise (Kia, Hyundai, Renault Nelspruit)
is looking for a Financial Manager. The role of the Financial Mananger in a dealership is multifaceted, encompassing a broad range of tasks that ensure the financial integrity of the dealership. The role puts you in a unique position to influence decision-making and strategy for the business, and promises an exciting career if you enjoy challenges and problem-solving and can thrive under pressure.
The Financial Manager plays a pivotal role in ensuring that all financial operations run smoothly, from tracking sales and expenses and overseeing inventory management, to preparing detailed financial reports. Their work not only supports day-to-day business activities but also informs strategic decisions that can drive growth and profitability.
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Position Overview
Motus Nelspruit Multifranchise (Kia, Hyundai, Renault Nelspruit)
is looking for a Financial Manager. The role of the Financial Mananger in a dealership is multifaceted, encompassing a broad range of tasks that ensure the financial integrity of the dealership. The role puts you in a unique position to influence decision-making and strategy for the business, and promises an exciting career if you enjoy challenges and problem-solving and can thrive under pressure.
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Specific Role Responsibilities
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Key Duties and Responsibilities
Prepare and report financial statements to Division, H.O. and auditors (internal and external).
+ Prepare and complete various weekly.
+ 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 including cash flows, variance analysis and commentaries.
Oversee accurate reconciliation of all financial records to enable verification of the validity of transactions and to take appropriate action where required.
Prepare and complete financial budgets for the dealership in conjunction with departmental managers and other stakeholders.
Ensure effective and efficient administration of operational costs within budget, identify areas of financial and operational risk and escalate appropriately.
Supervise cash management activities.
Responsible for co-signatory of payments with Dealer Principal in accordance with approved policies and procedures.
Manage and report on progress against operational budget in liaison with Dealer Principal.
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 statement to establish working capital requirements.
+ Assist in the preparation and timely filing of all internal accounting and financial reports for governmental and regulatory bodies.
+ Accurately calculate and process VAT.
+ 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, service assets, verify against accounting records and address all anomalies with senior line management.
Manage supplier and customer relationships; ensuring 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, i.e. cash, fixed assets, in line with approved policies, processes and procedures.
Attract, retain, appraise and train, coach and develop finance and administration team members.
Important to Note:
Financial Managers within Motus Retail Division also support the Human Resources function in the dealership, working closely with the Human Resources team on employee-related matters and practices.
This includes, but is not limited to: -
Implementation and management of personnel and payroll policies, processes and procedures at dealership level, responsible for all payroll input for the dealership;
Support the online employee movement process (EMS);
Checking administration and onboarding documentation for new engagements prior to submission to payroll;
Draw up and coordinate documentation related to employee movements and management of terminations;
Workforce planning and management of the headcount budget and dealership structure;
Independently handling employee relations matters to ensure an optimal working environment, obtaining assistance from HR as and when necessary.
Management of employee personnel records for dealership staff.
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Qualifications and Experience
Experience Required:
5+ years' accounting/ financial management experience in a similar environment, of which at least 2-3 years' in a team lead/ management role.
Relevant accounting/ finance management experience in the automotive industry at dealer level.
Minimum Qualification/s Required:
NDip or BCom degree with Accounting or Financial Management NQF7+
Recognised Management/ Leadership Diploma or Certificate - desired.
Other Requirements:
Valid, unendorsed driver's license and the ability to competently and legitimately drive.
Computer literate; highly proficient in Excel, Outlook, PowerPoint and Word.
A working knowledge of the NCA, CPA, FICA and other legislation and frameworks relevant to the retail motor industry.
Knowledge and ability to use relevant DMS functions (Drive).
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Skills and Personal Attributes
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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 Management and Performance Reporting
Financial and commercial acumen/ thinking.
Financial and Accounting Controls
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.
Planning and organising
Problem-solving and judgement skills.
Decision making and action orientated.
Able to handle conflict
Impact and Influencing
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 high levels of pressure.
Improvement Orientation
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Behavioural Attributes
An energetic and professional finance business partner.
High level of detail and accuracy
Deadline driven
Highly resilient
Hard working
Process-oriented, systematic and methodical.
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.
Calm and resilient in the face of adversity.
A dynamic, confident, proactive individual
Creative and innovative
Self-motivated, enthusiastic and a self-starter
High level of integrity, trust, confidentiality and
A team player
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Additional relevant information about the job
Type of Working hours and flexibility of hours
Monday - Friday; 08:00 - 17:00
Note: Overtime is required fairly frequently in order to meet business demands and support the dealership operations.
Remote working is possible but is not practical, and would likely have limited success due to lack of on-site availability to support the business, physically identify risk, ensure proper controls are in place, adherence to processes etc.
Travel and time away from home
Limited, necessary only to attend business events, meetings, training etc.
A company vehicle is provided for the purposes of business travel and reasonable personal travel
Deadlines
Limited, necessary only to attend business events, meetings, training etc.
A company vehicle is provided for the purposes of business travel and reasonable personal travel.
Pressure, volumes and workload
* High
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