Financial Manager - Bedforview - Dealership exp.

Bonafide Human Capital; Gauteng; On-site; ZAR 559,000 - 669,000; Full time

Job summary

Bonafide Human Capital is seeking a Financial Manager for a motor dealer client based in Bedfordview. The role requires a minimum of 3 years’ dealership experience and residence in the East Rand area. Salary is R55,000 per month plus performance incentive.

Key duties include financial control, monthly management accounts, budgets, floorplan control, and liaising with auditors. You will ensure compliance with OEM and company policies, manage OEM accounts, and prepare journals and monthly packs.

Qualifications

• Minimum 3 years’ dealership experience required.
• Must reside in the East Rand area.
• Salary stated as R55,000 per month plus incentive.

Responsibilities

• Financial control: ensure all department personnel adhere to OEM and company policies and procedures.
• Prepare monthly management accounts packs with balance sheet reconciliations.
• Process monthly commission sheets and ensure timely settlement and sign-off by managers.
• Floorplan control and timely settlement of vehicles; coordinate with Sales Manager and Controller on optimi- zation of interest-free units.
• Publish monthly standard journals and manage OEM accounts and follow up on outstanding amounts.
• Assist with budget preparation in collaboration with line managers and final review with the Dealer Principal.
• Support auditors with requests; verify variable incentives and clawbacks in line with OEM bulletin.

Skills

Dealership accounting experience

Budgeting

Financial reporting

Job description

A vacancy for a FINANCIAL MANAGER exists at our motor dealer client based in BEDFORDVIEW. Must have minimum 3 years' experience at dealership level. Must reside in the East Rand Area. Salary R55000.00 PLUS INCENTIVE

Financial Control:

• ENSURE THAT ALL PERSONNEL IN DEPRTMENT ADHERE TO AND FOLLOW OEM AS WELL AS THE COMPANY POLICIES AND PROCEDURES.

General Accounting Functions

• Preparation of a monthly management account pack, ensuring all balance sheet recons complete.
• Monthly commission sheets completed for all the departments (monies collected prior to commission payment and all late costs accounted for). The commission sheets need to be signed by the departmental Manager and the Dealer Principal.
• Floorplan control and timeous settlement of vehicles. Optimization on the interest free units in conjunction with the Sales Manager and Controller.
• Monthly standard journals.
• Control of all OEM accounts and follow-up on the outstanding amounts.

Budgets

• Initial preparation of budget in conjunction with line managers and submit to Group Financial Manager every quarter.
• Final review and completion with dealer principal.
• Assist with presentation and review process to The Board.

Auditors

• Close co-operation with auditor’s requests.
• Verifying variable incentives/clawbacks ensure that the variable is in line with the OEM bulletin and signed off by the relevant departmental Manager and Dealer Principal.
• STATS SA submissions are completed.