Vereeniging: Finance Manager Kia South Africa (Pty) Ltd – IMF Vereeniging posted by Motus Corporation

About the Role

The Finance Manager position at Kia South Africa (Pty) Ltd is a critical role that requires planning, managing, and monitoring financial management practices to deliver on approved operational financial plans. The successful candidate will provide direction, review, and report up the line, ensuring continuous enhancement of service delivery.

Key Responsibilities

• Financial Controls:
• Maintain a sound financial base of the allocated Branch/s
• Check Income statement on a weekly basis for misallocations
• Investigate all unusual entries
• Monitor the GP% for reasonableness
• Alert Dealer Principal and Departmental managers to any problematic situations or anomalies on the numbers promptly
• Assist and advise all department managers on costs and budgetary performance regularly
• Monitor financial performance of all departments and advise on possible improvement areas
• Reconcile and Review all Balance Sheet accounts audit file to be done and complete by the 10th working day of every month
• All queries in audit file to be resolved within 30 days
• Responsible for accuracy of reconciliations
• Ensure that journal file is kept to date with proper authorization and supporting documents
• Assist the DP to drive weekly branch management meetings and monthly staff meetings
• Safeguarding Assets & Risk Management:
• One physical vehicle stock count to be performed monthly, touch ALL vehicles
• Ensure weekly vehicle stock count balance and follow up on reconciling items
• Key and Natis recon to be done by stock controller check and sign off by FM
• Ensure all stock in transit vehicles are stocked by stock controllers before month
• Perpetual parts stock counts to be done on a monthly basis
• Ensure that cash procedures are in place at dealerships
• Asset counts are done according to policy
• Expense Management:
• Always get three quotes from suppliers to ensure we are paying the lowest price
• Ensure that all agreements with a period longer than 1 month are covered by a proper SLA and reviewed by Motus legal
• Report excessive expenses to DP & Regional Financial Manager
• All expenses processed in the correct accounting month and department
• Policies & Procedures are adhered to:
• Ensure that there is proper segregation of duties
• Assess policies and procedures on a regular basis to ensure objective is still being achieved
• Ensure new policies & procedures are implemented with immediate effect
• Report all policies & procedures not adhered to promptly to DP and RFM
• Communication and Collaboration:
• Coordinate with team members, supervisors, and other departments to ensure efficient workflow
• Report any issues related to inventory, equipment, or packaging to the supervisor
• Participate in team meetings and contribute to improving warehouse processes
• Responsible for oversight of the Administration at dealerships below:
• Credit Notes: All credit notes must be authorized by the DP, department manager or Accountant must comply with regional delegation of authority levels
• Check all supporting documentation is attached and correct a/p credit request
• Cash Sales Parts & Workshop Cash sales to be reviewed on a daily basis follow up all queries older than 3 days Ensure all money received at the branches are receipted immediately and banked daily

Requirements

• Relevant Finance Degree or Diploma in Finance (min 3-year diploma) or equivalent
• Skills & Competencies:
• Drive system experience (All Modules)
• Excel (High proficiency)
• 2 to 5 years Motor Industry experience (preferable)
• Very sound knowledge of accounting and VAT principles
• Good interpersonal skills
• High level of integrity
• Strong leadership and management skills
• Accuracy and detail oriented
• Good administrative and communication skills, ability to work under pressure
• Team player and problem solver
• Energetic, positive and proactive

Qualifications

Relevant Finance Degree or Diploma in Finance (min 3-year diploma) or equivalent.

Salary & Benefits

Not specified