Commercial Finance Manager - Geely Auto UK

Lotus UK Manufacturing; Greater London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading automotive company in Milton Keynes seeks a Finance Manager to oversee the Commercial Finance activities. Responsibilities include managing finance reports, team recruitment, and liaising with stakeholders. Ideal candidates will have a strong background in finance, automotive industry experience, and possess analytical skills to drive business success.

Qualifications

• Strong understanding of automotive retail operations and floor plan financing.
• Proficient in Microsoft Office tools.
• Experience in OEM or dealership.

Responsibilities

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

Skills

Analytical skills

Financial modelling skills

Interpersonal communication

Team player

Microsoft Office Suite

Education

Bachelor's degree (2:1 or above)

Qualified Accountant

Qualified by experience

Job description

Overview

Manage Commercial Finance Activities for Geely Auto UK (LEVC Mtech).

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.
• Undertaking finance project work as required.
• Deputising for the Deputy Director - Finance.
• 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.

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.

Education, Training, and Experience

• Bachelor\'s degree (2:1 or above).
• Qualified Accountant with relevant experience in this or a similar role.
• Or, 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.

Important Information

Lotus Cars are advertising this role on behalf of Geely Auto UK.

Geely Auto UK

Regus Midsummer Court

314 Midsummer Boulevard

Milton Keynes

MK9 1AL

Please register your interest by emailing: [e-mail].

Privacy Policy

Lotus Cars is advertising this vacancy on behalf of Geely Auto UK.

Your personal information will be processed by Geely Auto UK solely for recruitment purposes related to this vacancy. By applying, you consent to your data being shared with relevant internal stakeholders for the purpose of assessing your suitability for the role. Your details will be retained only for as long as necessary to complete the recruitment process, unless you provide consent for future opportunities.

For further information on how your data will be handled, please contact [e-mail].

POWERING PROGRESS

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.

With nearly 30 years of automotive expertise, cutting-edge R&D and global outlook, Geely works to create smarter, more sustainable ways to travel. Enhancing life as we know it.

The company has been an automotive game-changer to this day. Innovatively and passionately forging a new road through its iconic brands: Geely Auto, Volvo Cars, Polestar, Lotus, Zeekr, Lynk & Co, London Electric Vehicle Company, Farizon and more.

All of which means choosing Geely isn\'t just choosing a car, but unlimited possibility. In a future we build together.

With Geely\'s growing presence in the UK, we look forward to welcoming talented individuals to join us in shaping the future of mobility.

Department Finance Locations Milton Keynes Role types Permanent