Western Cape: Financial Manager – GWM Honda George posted by Motus Corporation

About the Role

The Financial Manager role at Motus Corporation is a critical position that requires an experienced professional to manage the financial department and ensure compliance with sound financial practices and good corporate governance. The ideal candidate will support the Dealer Principal and Financial Executive in achieving financial objectives, identify areas of risk and improvement, and provide timely and accurate reporting.

Key Responsibilities

• Prepare and report financial statements to Division, H.O., and auditors (internal and external)
• Prepare and complete various weekly, monthly, and annual financial statements
• Complete monthly management reports
• Compile management accounts, including budgets, cash flows, variance analysis, and commentaries
• Produce financial and management information
• Maintain the integrity and reliability of the financial data
• Ensure that month-end cut-offs are compliant in terms of company policies
• Manage the effective and timely provision of financial, statutory, and sustainability reporting, including cash flows, variance analysis, and commentaries
• Oversee accurate reconciliation of all financial records to enable verification of the validity of transactions and take appropriate action where required
• Prepare and complete financial budgets for the dealership in conjunction with departmental managers and other stakeholders
• Ensure effective and efficient administration of operational costs within budget, identify areas of financial and operational risk, and escalate appropriately
• Supervise cash management activities
• Responsible for co-signatory of payments with Dealer Principal in accordance with approved policies and procedures
• Manage and report on progress against operational budget in liaison with Dealer Principal
• Analyse and interpret financial information: complete analysis of financial data to understand and compare business results, interpret and analyse financial data to draw conclusions and trends from the financial analysis
• Complete profit and loss analysis
• Complete and update daily cash flow statement to establish working capital requirements
• Assist in the preparation and timely filing of all internal accounting and financial reports for governmental and regulatory bodies
• Accurately calculate and process VAT, provisional tax, etc.
• Establish and monitor internal controls
• Implement corporate governance and compliance policies and processes to identify and manage risks and expose liabilities
• Manage and control the administration and financial processes within the dealership
• Conduct reconciliation of vehicles, parts, service assets, verify against accounting records, and address all anomalies with senior line management
• Manage supplier and customer relationships; ensuring effective debtors and creditors processes are in place and adhered to
• Identify opportunities to minimize cost and increase revenue
• Manage the security of all assets within direct control, i.e., cash, fixed assets, in line with approved policies, processes, and procedures
• Attract, retain, appraise, and train, coach, and develop finance and administration team members

Requirements

• BCom degree with Accounting NQF7
• Recognised Management/Leadership Diploma or Certificate (an advantage)
• 5 years’ accounting/financial management experience in similar environment
• Relevant experience in the automotive industry
• Communication skills: able to communicate professionally at multiple levels in a professional, polite, and rational manner even when under pressure
• Interpersonal competence; effective at working with people
• Financial Management and Performance Reporting
• Financial and commercial thinking
• Sound knowledge and understanding of financial, accounting, and tax concepts, financial statements, trial balance, financial record keeping process, etc.
• Analysing and reconciling financial information and data, identifying auditing discrepancies, and reporting on such, ensuring root cause analysis is carried out and corrective and preventive measures are implemented
• Problem-solving skills and sound judgement
• Decision making and action orientated
• Conflict resolution
• People Management and Development skills, including effective delegation ability
• Time management, including the ability to respond to and resolve queries and issues in the minimum amount of time
• Able to work independently and under pressure
• Improvement Orientation
• Personal Attributes: professional, high level of detail and accuracy, energetic and self-motivated, resilient, hard working, deadline driven, organised and disciplined, someone who upholds professional ethics and values, an independent thinker comfortable taking a stand in the interest of good governance and isn’t easily pressured