Finance Analyst

Profile Personnel; Johannesburg; On-site; ZAR 30,000 - 50,000; Full time

Job summary

A reputable automotive company seeks a Finance Analyst to join their NSO Controlling team based in Sandton. Responsible for financial analysis, planning, and supporting both local and international reporting, the analyst will engage in various tasks such as pricing, budgeting, and financial feasibility for new products. Ideal candidates should possess relevant financial qualifications and experience in the automotive sector.

Qualifications

• Formal education in Financial Management or Accounting required.
• Post-graduate qualification preferred.
• Minimum 3-5 years in finance within automotive or related industry.

Responsibilities

• Conduct financial feasibility studies and manage pricing processes.
• Evaluate cost accuracy and monitor pricing indices.
• Prepare corporate budget cost information and manage incentives.

Skills

Business acumen

Financial principles understanding

Analytical mindset

Effective communication skills

Interpersonal skills

Proficiency in Microsoft Excel

Proficiency in PowerPoint

Independent work accountability

Teamwork

Education

National Diploma or Bachelor's degree in Financial Management

Post-graduate qualification or Honours degree in Finance

Job description

Finance Analyst required for a reputable automotive company based in Sandton.

Brief Role Description

As part of the NSO Controlling team, the Financial Analyst is responsible for effective planning, coordination, analysis, and interpretation of strategic and financial inputs received from the Brands within the National Sales Organisation (NSO). The role supports the achievement of local and international reporting deadlines and NSO Finance Controlling objectives.

Possible Tasks within this Role

1. Perform financial feasibility studies for all potential locally manufactured vehicles and FBU imports.
2. Ensure new products are accurately priced and support the approval of pricing following international and local processes.
3. Monitor the accuracy and interpret vehicle price indices adjusted for equipment.
4. Prepare product cost information for incorporation into corporate budgets and medium-term planning.
5. Keep records of the Business Model, ensuring Headquarters (HQ) system is updated accurately and timely.
6. Evaluate cost accuracy on an ongoing basis (forecast vs actual) and implement corrective actions.
7. Establish and implement vehicle and option pricing, assessing their impact on turnover and profitability.
8. Evaluate and implement special package/option pricing (ad hoc).
9. Evaluate and implement ad hoc rental and government pricing requests.
10. Evaluate, report, and reconcile dealer, rental, and government incentives.
11. Monitor inflationary price movements.
12. Prepare tenders (RT57) and quarterly RT57 pricing.
13. Prepare rental company proposals and submit pricing for RT57, rental, ad hoc, and incentive programs.
14. Prepare templates for quarterly pricing meetings and rental & state tender pricing meetings.
15. Manage the incentive budget and actuals related to dealer performance and tactical programs.
16. Manage provisions for vehicle-related incentives, overheads, and fixed costs.

Qualification Requirements

• A formal 3-year National Diploma or Bachelor's degree in Financial Management, Accounting, or equivalent from a recognized tertiary institution.
• A post-graduate qualification or Honours degree in Finance, Accounting, or Business Management is advantageous.

Experience Needed

Minimum of 3-5 years of financial experience in the motor or related industry.

Essentials

• Sound business acumen and understanding of financial principles.
• Proficiency in Microsoft Excel and PowerPoint.
• Analytical mindset with attention to financial detail.
• Effective listening and communication skills at all levels.
• Strong interpersonal skills for cross-functional teamwork.
• Innovative, resourceful, and action-oriented.
• Ability to work independently and take accountability.
• Team player capable of managing own output to high standards.
• Ability to work under pressure to meet deadlines.

Only shortlisted candidates will be contacted. If no response is received within 14 days, please consider your application unsuccessful. Your CV will be kept on our database for other relevant roles.