Financial Manager - Fourways - Dealership exp.

Bonafide Human Capital; Randburg; On-site; ZAR 561,000 - 759,000; Full time

Job summary

Bonafide Human Capital seeks a Financial Manager for a motor dealer client based in Fourways. The role requires at least 3 years of dealership experience and residence in the Randburg area. A salary of R55,000 plus incentives is offered.

You will oversee financial control, budgets, and general accounting functions, including management accounts and vendor settlements, with close collaboration with the Dealer Principal and Group Financial Manager.

Responsibilities

• Preparation of a monthly management account pack, ensuring all balance sheet reconciliations are complete.
• Monthly commission sheets prepared for all departments; signed by the departmental Manager and the Dealer Principal.
• Floorplan control and timely settlement of vehicles; optimization of interest-free units with Sales Manager and Controller.
• Monthly standard journals.
• Control of all OEM accounts and follow-up on outstanding amounts.
• Initial preparation of budgets with line managers; submitted to Group Financial Manager each quarter.
• Assist with presentation and review process to The Board.
• Co-operation with auditors; verify variable incentives/clawbacks to ensure alignment with OEM bulletin and sign-off by relevant managers.
• STATS SA submissions are completed.

Job description

A vacancy for a FINANCIAL MANAGER exists at our motor dealer client based in FOURWAYS. Must have minimum 3 years' experience at dealership level. Must reside in Sunninghill/Fourways/Bryanston/ Randburg 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.