Financial Analyst (Auto)

Boikago Group; Johannesburg; On-site; ZAR 30 000 - 60 000; Full time

Job summary

An innovative automotive firm is seeking a Financial Analyst to join their dynamic team in the Controlling Department. This role is pivotal in analyzing and coordinating financial inputs from various brands, ensuring accurate pricing, and supporting reporting deadlines. The ideal candidate will possess strong analytical skills and a solid understanding of financial principles, with the ability to work independently and manage multiple tasks under pressure. Join this forward-thinking company and contribute to strategic decision-making in the automotive industry, where your expertise will drive success and profitability.

Qualifications

• 3-5 years of financial experience in the motor or related industry.
• Proficiency in financial principles and analysis.

Responsibilities

• Perform financial feasibility studies for locally manufactured vehicles.
• Prepare product cost information for corporate budgets.
• Manage the incentive budget related to dealer performance.

Skills

Financial Analysis

Cost Management

Pricing Strategy

Microsoft Excel

Effective Communication

Analytical Skills

Interpersonal Skills

Education

National Diploma or Bachelor's degree in Financial Management

Post-graduate qualification in Finance or Business Management

Tools

Microsoft Excel

Microsoft PowerPoint

Job description

An international automotive OEM is looking for a Financial Analyst in the Controlling Department - Finance (Sandton).

Type of Position : 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. This role supports the achievement of local and international reporting deadlines and NSO Finance Controlling objectives.

Job Description and Responsibilities

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 & local processes.
3. Monitor the accuracy and interpret equipment-adjusted vehicle price indices.
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 timely and accurately.
6. Evaluate cost accuracy regularly (forecast vs actual) and implement corrective actions.
7. Establish and implement Vehicle and Option pricing, analyzing their effects on turnover and profitability.
8. Evaluate and implement special package/options pricing (ad hoc).
9. Evaluate and implement ad hoc Rental & Government pricing requests.
10. Evaluate, report, and reconcile Dealer / Rental / Government incentives.
11. Monitor inflationary price movements.
12. Prepare Tenders (RT57) and quarterly RT57 pricing.
13. Prepare Rental Company Proposals and submit pricing (RT57 / Rental / Ad hoc & Incentives).
14. Prepare documents 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.

Education and Experience

• 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.
• Minimum of 3-5 years of financial experience in the motor or related industry.
• Sound business acumen and understanding of financial principles.
• Proficiency with Microsoft Excel and PowerPoint.
• Analytically minded with attention to financial detail.
• Effective communication skills at all levels.
• Strong interpersonal skills for handling cross-functional teams.
• Innovative, resourceful, and action-oriented.
• Ability to work independently, take accountability, and manage own output to meet high standards.
• Ability to work effectively under pressure to meet deadlines.