Financial Manager - Edenvale - 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 Edenvale. The ideal candidate will have at least 3 years of dealership experience and reside in Sandton, Kempton Park or the East Rand. The role offers a monthly salary with incentives.

Key duties include financial control, monthly management accounts, floorplan settlement optimization, budgets, and close collaboration with auditors. Prior dealer experience is essential.

Qualifications

• Must have minimum 3 years' experience at dealership level.
• Must reside in Sandton/Kempton Park/ East Rand.

Responsibilities

• Financial Control: ensure personnel adhere to OEM and company policies.
• Preparation of a monthly management account pack, ensuring all balance sheet recons complete.
• Floorplan control and timely 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.
• 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.
• Close co-operation with auditor’s requests and Verifying variable incentives/clawbacks to ensure alignment with OEM bulletin.

Job description

A vacancy for a FINANCIAL MANAGER exists at our motor dealer client based in EDENVALE.

Must have minimum 3 years' experience at dealership level.

Must reside in Sandton/Kempton Park/ East Rand.

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.