LiquidCapital Division is a world leader in its field of specialisation offering a variety of financial products for motor vehicles. LiquidCapital Division aims to creatively solve problems and add value to people by ensuring Mobility for Good.
LiquidCapital Division forms part of the Motus Group, a leading JSE listed Company in the Automotive Industry where performance is driven by three keystones, 1. Leaders, 2. Innovation & 3. Customer Champions.
LiquidCapital Division is seeking to employ a qualified and experienced GM Finance Operations. The successful candidate will join a dynamic and highly skilled Finance Team.
The successful candidate will report directly to the Financial Director.
Position Overview
This role will entail collaborating with the LiquidCapital Executive Team, Board of Directors, and Finance Committees to direct, add value and enable business decisions through practical consolidated financial analysis, reporting, and controls across various business functions in line with the LiquidCapital strategy.
Main activities will include:
To support the Financial Director with:
All financial matters, including budget development, planning & reporting, managing accounts, and financial reporting relevant to the funds under administration.
All operational matters, including overseeing of Policy Administration, Debtors, Creditors and Collections activities to ensure safe and cost-effective management.
All Finance-related projects.
Specific Role Responsibilities
Operational accounting, reporting and analysis
Maintain overall supervision and responsibility for the completeness and accuracy of the accounting records relevant to finance operations
Provide meaningful recommendations, explanations and highlights of concerns or anomalies by analysing and interrogating monthly financial information
Consolidate financial reports (including quarterly Board Packs) and provide value adding recommendations by integrating information from various sources. Provide advice, insight and guidance on the content of these reports and the causes of variances. Own, select and use financial and non-financial key performance indicators; interpret trends within these reports
Assess, generate and implement ideas to optimise identification and delivery of key management reporting information
Challenge and make fundamental changes to address root causes of management information and reporting quality/correctness issues
Manage and review the balance sheet reconciliation process
Simplify, improve and harmonise existing and complex processes and systems for account reconciliations and month-end closing
Critically evaluate credibility and reliability of sources of data and information - collaborate with other departments to improve the quality of data and information
Review and approve refunds and credit notes, debtors and creditors applications and payments in line with mandate
Policy Admin, Debtors, Creditors and Collections
Resolve exceptional situations in the policy admin, debtors, creditors and collections processes
Provide advice on process improvement, governance and exceptional situations
Provide oversight over key processes, reconciliations and outcomes within the policy admin, debtors, creditors and collections business areas
Resolve exceptional situations
Finance Projects
Drive finance process transformation initiatives, including automation, standardisation and digitisation projects to improve efficiency, accuracy and compliance
Lead and oversee planning, implementation and optimisation of finance-related system projects, ensuring alignment with business strategy
People and Team
Share important fact-based information; simplify complex written communications and adapt style and content for all levels of the organisation
Create a culture that promotes cooperation and integration over internal competition; proactively identify and realign resources to meet strategic business priorities
Create a sense of urgency and focus the team on delivering and achieving results based on appropriately high standards and measures
Promote a culture of compliance and shared accountability
General
Actively collaborate with all operational departments as well as Head office finance on financial and other matters. Provide support to business and finance operations departments
Set up business processes to deliver successful outcomes, assess their effectiveness, review performance measures relating to each and to ensure alignment and standardization within the division. Ensure change controls, internal quality assurance reviews and other internal management processes are followed
Oversee development and implementation of finance projects. Engage with business, Software, and IT
Identify opportunities for synergy and integration of processes and influence others to identify more efficient sustainable processes
Proactively share knowledge across the business to streamline systems
Analyse the organisation's wider environment and draw conclusions about the impact of events and activities; guide the team to create solutions that deliver value in line with the business and finance plans
Engage with internal and external auditors
Qualifications and Experience
Bachelor's degree in Finance, Accounting, Business Administration
8 - 10 years related experience in this field
Experience with leading large teams
Experience with multiple systems that interlink
Strong operational finance experience
Strong people management experience
Good current-day knowledge of IFRS
Understanding of financial systems - Microsoft Finance and Operations (F&O) experience advantageous
Experience in a leadership role in a similar environment
Experience in the motor or insurance industry will be advantageous
Skills and Personal Attributes
Criminal and Credit Clear
Critical thinking and inquisitive nature
An entrepreneurial spirit
Strong analytical ability to interpret financial information, attention to detail
Ability to multi-task, cope under pressure, and succeed in a high-performance culture
Strong ability to adapt to change
Strong verbal and written communication
Strong MS Office skills (Word, Excel (Advanced), PowerPoint, Visio)
Data analysis advantageous
* Live and own up to company values
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