Dealership Financial Manager, Gauteng, East Rand

Mototeam (Pty) Ltd; Gauteng; On-site; ZAR 900,000 - 1,300,000; Full time

Job summary

Mototeam (Pty) Ltd is seeking an experienced Financial Manager to lead the dealership's accounting and reporting functions in Gauteng. You will oversee budgeting, cash flow, reconciliations, and the integrity of financial data within the DMS, ensuring compliance with OEM policies and statutory requirements.

Responsibilities include preparing monthly management accounts, coordinating with HR on salary data, supervising staff, and delivering accurate financial insights to management; with a strong

Qualifications

• Grade 12 / Matric qualification.
• Relevant Financial Management, Accounting, or Finance qualification.
• Proven experience as a Financial Manager within a franchised motor dealership environment.
• Strong knowledge of dealership accounting and financial controls.
• Experience with management accounts, reconciliations, cash flow, budgets, floorplan, stock control, and OEM accounts.
• Strong understanding of dealership DMS systems and financial reporting.
• Advanced Microsoft Excel skills.
• Knowledge of VAT, FIC requirements, statutory reporting, and financial compliance.
• Experience preparing for and working with external auditors.
• Understanding of dealership commission structures, incentives, and clawbacks.
• Strong commercial and analytical ability.
• Excellent attention to detail and accuracy.
• Strong leadership and people-management skills.
• Ability to work under pressure and meet strict month-end and year-end deadlines.
• High level of integrity, professionalism, and confidentiality.
• Excellent communication and interpersonal skills.
• Automotive dealership experience is essential.

Responsibilities

• Manage and control the dealership's financial accounting and reporting functions.
• Ensure compliance with OEM and dealership policies, procedures, and internal controls.
• Prepare monthly management accounts and financial reporting packs.
• Ensure all balance sheet reconciliations and allocations are completed accurately and timeously.
• Manage daily cash flow, cash movements, and banking requirements to optimise available funds.
• Oversee the collection of outstanding accounts and ensure effective debtor management.
• Manage dealership financial information and ensure the integrity and accuracy of data on the DMS.
• Oversee user access, system controls, passwords, and financial reporting systems.
• Prepare and monitor departmental budgets in conjunction with line managers and the Dealer Principal.
• Monitor dealership performance against budget and provide financial insight to management.
• Manage vehicle floorplan, stock funding, and timely settlement of vehicles.
• Monitor OEM accounts, outstanding balances, incentives, and clawbacks.
• Prepare and verify monthly departmental commission schedules.
• Ensure all variable incentives and clawbacks are correctly calculated and authorised.
• Maintain effective fixed asset controls and ensure accurate recording and depreciation.
• Oversee vehicle stock checks and assist with bi-annual stock take processes.
• Ensure VAT and other statutory returns are accurately completed and submitted within prescribed deadlines.
• Manage applicable FIC reporting requirements and maintain goAML records.
• Prepare financial information and documentation for external auditors and coordinate audit requirements.
• Process year-end journals and ensure financial records reconcile with the final audited financial statements.
• Complete required financial and operational submissions, including Stats SA reporting.
• Manage the financial components of the dealership's BBBEE requirements, including procurement, CSI, ED, SED, and skills development.
• Train, support, and motivate finance and administration staff.
• Ensure staff receive appropriate training and adhere to financial policies and procedures.
• Work closely with HR to ensure salary adjustments and related financial information are submitted within required deadlines.
• Ensure all financial deadlines, month-end procedures, and reporting requirements are consistently met.

Skills

Financial management

Budgeting

Cash flow management

Financial reporting

Data accuracy

Leadership

Analytical ability

Excel skills

Tax compliance

DMS knowledge

Education

Financial Management qualification

Tools

Excel

DMS software

Job description

Duties include

• Manage and control the dealership's financial accounting and reporting functions.
• Ensure compliance with OEM and dealership policies, procedures, and internal controls.
• Prepare monthly management accounts and financial reporting packs.
• Ensure all balance sheet reconciliations and allocations are completed accurately and timeously.
• Manage daily cash flow, cash movements, and banking requirements to optimise available funds.
• Oversee the collection of outstanding accounts and ensure effective debtor management.
• Manage dealership financial information and ensure the integrity and accuracy of data on the DMS.
• Oversee user access, system controls, passwords, and financial reporting systems.
• Prepare and monitor departmental budgets in conjunction with line managers and the Dealer Principal.
• Monitor dealership performance against budget and provide financial insight to management.
• Manage vehicle floorplan, stock funding, and timely settlement of vehicles.
• Monitor OEM accounts, outstanding balances, incentives, and clawbacks.
• Prepare and verify monthly departmental commission schedules.
• Ensure all variable incentives and clawbacks are correctly calculated and authorised.
• Maintain effective fixed asset controls and ensure accurate recording and depreciation.
• Oversee vehicle stock checks and assist with bi-annual stock take processes.
• Ensure VAT and other statutory returns are accurately completed and submitted within prescribed deadlines.
• Manage applicable FIC reporting requirements and maintain goAML records.
• Prepare financial information and documentation for external auditors and coordinate audit requirements.
• Process year-end journals and ensure financial records reconcile with the final audited financial statements.
• Complete required financial and operational submissions, including Stats SA reporting.
• Manage the financial components of the dealership's BBBEE requirements, including procurement, CSI, ED, SED, and skills development.
• Train, support, and motivate finance and administration staff.
• Ensure staff receive appropriate training and adhere to financial policies and procedures.
• Work closely with HR to ensure salary adjustments and related financial information are submitted within required deadlines.
• Ensure all financial deadlines, month-end procedures, and reporting requirements are consistently met.

Requirements

• Grade 12 / Matric qualification.
• Relevant Financial Management, Accounting, or Finance qualification.
• Proven experience as a Financial Manager within a franchised motor dealership environment.
• Strong knowledge of dealership accounting and financial controls.
• Experience with management accounts, reconciliations, cash flow, budgets, floorplan, stock control, and OEM accounts.
• Strong understanding of dealership DMS systems and financial reporting.
• Advanced Microsoft Excel skills.
• Knowledge of VAT, FIC requirements, statutory reporting, and financial compliance.
• Experience preparing for and working with external auditors.
• Understanding of dealership commission structures, incentives, and clawbacks.
• Strong commercial and analytical ability.
• Excellent attention to detail and accuracy.
• Strong leadership and people-management skills.
• Ability to work under pressure and meet strict month-end and year-end deadlines.
• High level of integrity, professionalism, and confidentiality.
• Excellent communication and interpersonal skills.
• Automotive dealership experience is essential.