Job Description
About the Role
The Financial Analyst role is responsible for effective planning, co-ordination, analysis and interpretation of strategic and financial inputs received from the Brands within the National Sales Organisation. This position supports the achievement of local and international reporting deadlines and NSO Finance Controlling objectives.
Key Responsibilities
- Perform financial feasibility studies for all potential locally manufactured vehicles and FBU imports
- Ensure new products are accurately priced and support to secure approval of pricing following agreed international & local processes
- Monitor the accuracy and interpret equipment adjusted vehicle price indices
- Prepare product cost information for incorporation in the corporate budgets and medium-term planning
- Keep record of the Business Model, ensuring Headquarters (HQ) system is timeously and accurately updated
- Evaluate cost accuracy on an ongoing basis (forecast vs actual) and implement corrective action steps
- Establishment/implementation of Vehicle and Option pricing and the effect on turnover/profitability
- Evaluation/implementation of special package/options pricing (ad hoc)
- Evaluation/implementation of ad hoc Rental & Government pricing requests
- Dealer/Rental/Government incentives evaluation, reporting and reconciliations
- Monitoring of Inflationary Price movements
- Preparation of Tenders (RT57) and quarterly RT57 pricing
- Preparation of Rental Company Proposals and submission of pricing (RT57/Rental/Ad hoc & Incentives)
- Preparation of Vorlagen for Quarterly Pricing meetings and Rental & State Tender Pricing meetings
- Manage the incentive budget/actuals relating to dealer performance and tactical programs
- Manage the provisions for vehicle related incentives, overheads, and fixed costs
Requirements
- A formal 3-year National Diploma or Bachelor’s degree in Financial Management / Accounting / equivalent from a recognised tertiary institution
- A post-graduate qualification / Honours degree in Finance/ Accounting/ Business Management would be advantageous
- Minimum of 5 Years financial experience in motor or related industry
- Sound Business Acumen and understanding of financial principles
- Proficiency with comprehensive knowledge of Microsoft Excel and PowerPoint
- Analytically minded with the ability and inclination to work accurately with financial detail
- Ability to listen and communicate effectively at all levels
- Well-developed interpersonal skills to handle Cross Functional Teams
Qualifications
No specific qualifications mentioned in the original job description.
Salary & Benefits
No salary information is provided in the original job description.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Accounting / Finance Jobs in Gauteng
In Gauteng, South Africa, the accounting and finance industry is a significant sector, offering various career opportunities for professionals with the right skills and qualifications. Typically, this field is driven by the growth of multinational corporations and local businesses in industries such as technology, financial services, and manufacturing. As a result, job seekers can expect to find a diverse range of roles available, from entry-level positions to senior leadership roles.
When it comes to salary expectations, accounting and finance professionals in Gauteng can generally expect to earn salaries that fall within broad ranges. Typically, salaries for entry-level roles start around R400 000 – R600 000 per annum, while more senior roles can command salaries ranging from R1 million to over R3 million per annum, depending on factors such as experience, company size, and industry sector. However, it’s essential to note that these are broad ranges, and actual salaries may vary widely.
Common skills required for accounting and finance roles in Gauteng include strong technical knowledge of financial management principles, analytical and problem-solving skills, attention to detail, effective communication skills, and proficiency in financial software and systems. Additionally, many employers also value candidates with experience in budgeting, forecasting, and financial analysis. In some cases, a degree or diploma in accounting, finance, or a related field may be required.
Industries that commonly employ accounting and finance professionals in Gauteng include the financial services sector, technology industry, manufacturing sector, and public sector entities. These sectors require skilled professionals to manage their finances, prepare budgets, and provide strategic guidance on financial matters. Job seekers can expect to find opportunities across these sectors, from small businesses to large multinational corporations.
For those interested in pursuing a career in accounting or finance, there are many development opportunities available. Typically, professionals in this field can progress to senior roles, such as financial manager or director of finance, after gaining relevant experience and developing their skills. Additionally, many employers offer training programs and mentorship opportunities to support the career development of their employees.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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