Financial Manager - UD Trucks Bloemfontein at Motus Holdings Limited

The responsibilities of a Financial Manager include the following tasks:

• 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 to 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 by approved policies and procedures.
• Manage and report on progress against the operational budget in liaison with the 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 statements 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, and 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, and fixed assets, in line with approved policies, processes, and procedures.
• Attract, retain, appraise, train, coach and develop finance and administration team members.

Qualifications and Experience

Minimum Qualifications and Experience needed:

• 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 Commercial Vehicle Industry.