Commercial Finance Manager

Geely; England; On-site; GBP 60,000 - 80,000; Full time

Job summary

An automotive company in the UK is seeking a Finance Manager to oversee the Commercial Finance department. Responsibilities include managing financial reports, training the finance team, and collaborating with various departments to ensure business success. The ideal candidate has a strong understanding of automotive operations and extensive financial modelling skills.

Qualifications

• Strong understanding of automotive retail operations and financing processes.
• Capable of managing multiple deliverables simultaneously.
• Experience within an OEM or dealership is desirable.

Responsibilities

• Manage the Commercial Finance department and month-end processes.
• Produce financial reports, budgets, and forecasts.
• Recruit, train, and manage the finance team.

Skills

Analytical skills

Financial modelling

Microsoft Office Suite

Team collaboration

Communication skills

Education

Bachelor's degree (2:1 or above)

Qualified Accountant

Job description

Responsibilities

• Management of the Commercial Finance department and month-end processes, liaising with the Financial Controller as required.
• Production of local and group financial reports, budgets, and forecasts.
• Recruitment, training, and management of the team.
• Sharing data, information, and reports with the management team.
• Acting as a business partner to Sales, Marketing, Network Development, Aftersales, and Administration functions, with support from the team.
• Managing revenue recognition and vehicle pricing.
• Management and reconciliation of actual vs. approved campaign spend.
• Reconciliation and management of stock.
• Supporting the management of residual values and buyback commitment reconciliation.
• Working closely with internal and external stakeholders to ensure business success.
• Collaborating with the sales support team to ensure all dealer payments are reconciled and approved for payment.
• Deputising for the Deputy Director - Finance.
• Undertaking finance project work as required.

Principal Contacts / Working Relationships

• Finance - All levels: Inform, advise, and influence on a daily basis.
• Commercial Department management: Inform, advise, and influence on a daily basis.
• Senior Leadership Team: Inform, advise, and influence on a daily basis.

Qualifications

• Strong understanding of automotive retail operations and the floor plan financing process.
• Excellent analytical and financial modelling skills.
• Proficient in Microsoft Office Suite and related tools.
• Inquisitive, agile, and a strong team player with excellent written, verbal, and interpersonal communication skills.
• Capable of managing several deliverables simultaneously.
• Bachelor's degree (2:1 or above).
• Qualified Accountant with relevant experience in this or a similar role.
• Qualified by experience with relevant experience in this or a similar role.
• Experience within an OEM or dealership is desirable.
• Experience managing relationships with external parties.

The Geely story began in 1986 with a simple but powerful idea. When founder, Eric Li, chose the name Geely, meaning 'lucky', it was about much more than just good fortune. His ambition was to build something that would move people forward with confidence and optimism. Today, that same spirit drives everything Geely does.