Finance Manager – Automobile Dealership

DigitalCube Consultancy

Bengaluru

On-site

INR 1,500,000 - 2,300,000

Full time

7 days ago
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Job summary

DigitalCube Consultancy in Bengaluru seeks a Finance Manager for an automobile dealership. You will lead financial planning, budgeting, reporting, taxation, and controls, coordinating with banks and OEM partners.

You will manage cash flow, vendor payments, and inventory financing, while overseeing the finance team and ensuring regulatory compliance. Immediate joiners residing in or near Bangalore are preferred.

Qualifications

  • B.Com. qualification is required; CA/CMA or higher is preferred.
  • Experience in automobile dealership finance is advantageous.
  • Strong knowledge of accounting, taxation, budgeting, and controls.

Responsibilities

  • Prepare monthly, quarterly, and annual financial statements.
  • Manage cash flow, working capital, and banking transactions.
  • Monitor profitability across vehicle sales, service and parts.
  • Oversee vendor payments and receivables collection.
  • Prepare annual budgets and financial forecasts.
  • Ensure GST, TDS, and statutory returns compliance.
  • Coordinate with auditors, tax consultants and OEM/regulatory authorities.
  • Coordinate with sales, service and spare parts departments.
  • Establish and monitor financial controls and audit procedures.
  • Supervise accounts and finance team; ensure accurate bookkeeping.

Skills

Financial reporting
Budgeting
Forecasting
GST & TDS
Dealership operations
Inventory finance
Banking coordination
Internal controls
Team management
DMS ERP SAP

Education

B.Com.
CA / CMA preferred

Tools

Tally
SAP
ERP
DMS

Job description

Designation: Finance Manager – Automobile Dealership

Experience: 14–20 Years

Qualification: B.Com. (CA preferred)

Joining Preference: Immediate joiners residing in or near Bangalore

Job Summary

The Finance Manager will be responsible for managing the financial and accounting operations of an automobile dealership. The role involves financial planning, budgeting, reporting, taxation, statutory compliance, internal controls, and coordination with banks and OEM partners.

Key Responsibilities

Prepare monthly, quarterly, and annual financial statements.

Manage cash flow, working capital, and banking transactions.

Monitor profitability across vehicle sales, service, and spare parts.

Oversee vendor payments and receivables collection.

Budgeting and Forecasting

Prepare annual budgets and financial forecasts.

Monitor actual performance against budgets and analyze variances.

Provide financial analysis to support business decisions.

Accounting and Compliance

Oversee accounting operations and financial reporting.

Ensure GST, TDS, and statutory return compliance.

Coordinate with auditors, tax consultants, and regulatory authorities.

Ensure compliance with OEM financial reporting requirements.

Dealership Operations

Coordinate with sales, service, and spare parts departments.

Monitor vehicle inventory financing and stock reconciliation.

Coordinate customer vehicle finance with banks and NBFCs.

Track OEM incentives, claims, and reimbursements.

Internal Controls and Risk Management

Establish and monitor financial controls and audit procedures.

Identify and address financial discrepancies and operational risks.

Conduct internal audits and stock audits.

Team Management

Supervise the accounts and finance team.

Ensure accurate bookkeeping, reconciliations, and documentation.

Guide team members on accounting procedures and compliance.

Required Skills

Financial Statements and Financial Reporting

Budgeting and Forecasting

Accounting and Financial Management

GST, TDS, and Statutory Compliance

Dealership Financial Operations

Inventory Finance Management

Banking and Loan Coordination

Internal Controls and Risk Management

Team Management

Tally, SAP, ERP, or Dealer Management Systems (DMS)

Candidate Profile

14–20 years of relevant experience in Finance and Accounts.

Experience in automobile dealerships or the automotive industry is preferred.

Strong knowledge of accounting, taxation, budgeting, and financial controls.

B.Com. qualification is required. CA/CMA or higher qualifications are preferred.

Candidates available to join immediately and residing in or near Bangalore are preferred.

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