ASSISTANT FINANCIAL MANAGER - Cape Town Verfied

Salary Negotiable Cape Town, Western Cape Cape Town, Western Cape more than 14 days ago 09-07-2018 10:48:47 AM
03-09-2018 10:48:47 AM
Job Description:
Assistant Financial Manager - Motor Trade Industry (national dealerships)

Market Related
Our client a large group of companies and motor dealerships seeks an Assistant Financial Manager to join their team. The succesful candidate will already be in the motor industry as an Assistant FM.

Due the company's BBBEE regulations, preference is given to suitable EE candidates for this role.

Minimum requirements:

Tertiary qualification - finance/ accounting related, advantageous
Must have Autoline and/ or Drive experience
Hyperion experience advantageous
Minimum of 3 years’ finance experience in same or similar roles within the motor industry a MUST
Valid driver’s licence
Deadline driven individual who can work independently and as part of a team
Motor Vehicle dealership Experience a MUST!
Advance experience in Microsoft Excell
General knowledge of generally accepted accounting policies
Must be able to travel on a national basis
Responsibilities:

Custodian of company assets
Assessing potential risk timorously
Ensuring company policies and procedures are adhered to

Trading Accounts:

Check that accurate Flash Reports are sent by the 3rd working day of the month, before 17:00
Check that branches are balancing their D O C to the trading accounts on both units and values
Check trading accounts - investigate excessive expenditure
Check GP %’s
Check ratios e.g.: parts days, new and used stock days
Check that the Add Info is correct and submit
Where problems are picked up - assess where it went wrong, inform/train staff on ensuring it does not get repeated
Identify any potential risks to company, report to management and put in procedures to prevent from happening in future

Debtors:

Vehicle debtors to be reviewed on a regular basis
Check the Credit Note reports for any manipulations
Open Debtors to be followed up on a regular basis and queries attended to Inter-co debtors to be followed up and monies collected by deadline
Get involved with Importers and FM’s of other divisions where there are problems
Ensure that all vehicles are delivered by the last working day and if not delivered, that the invoice is credited on last working day
All new debtors’ applications to be reviewed

General:

Assist with all Budgets, as well as do the necessary consolidated schedules required
Required to stand in and/ or support when the RFM is on leave or absent for whatever reason
Put in the systems deemed necessary to streamline processes - where you see shortcomings
Required to visit branches, on a regular weekly and monthly basis
Assist with various AD HOC reporting for Head Office
Required to have regular meetings with your Regional Financial Manager
Communication within your complete region - of all issues
Assist with the training of all Regional Admin staff in all aspects that arise
Assist with and do various weekly, monthly and quarterly reporting to the Regional Director and to Head Office
Assist with the full Financial Yearend processes to ensure that everything is covered and reported correctly
Assist with the preparation of data/ information for the Quarterly Board Pack and Quarterly Risk Meeting
Implementing new company policies and procedures as instructed or discussed
Consolidation of results for Dealerships
Visiting dealerships to ensure that all policies and procedures are adhered to and that segregation of duties is adhered to
To develop Systems and reports that easily assist Management in the management of their businesses
Ensuring accuracy of all Dealerships’ Monthly commissions and authorization
Be actively involved in Internal and External audit reporting
Reviewing monthly General Ledger audit files
Assisting Dealer Principals and Accountants with queries
Ensuring payments are made timeously and accurately with correct authorisations in place
Ensuring that expenses are recognized in correct periods and disclosed correctly
Ensuring completeness, validity and accuracy of provisions and accruals
Ensure that all Company assets are managed properly (vehicle stock takes weekly, Daily parts perpetuals, two wall-to-wall stock takes annually, two fixed assets counts annually, NATIS’ & key controls)
Ensure that costs are controlled, analysis and all cost savings are achieved
To review the month-end files for each dealership on a monthly basis and ensure that there are no anomalies on the balance sheet accounts and that any queries are resolved in a timeouts manner
Carry out additional reasonable duties from time to time at the discretion of management
Should your application be short-listed, you will be contacted for an interview and/ or a psychometric assessment.