Posted on: 26 February 2024
ID 903834

Financial Manager

Closing Date 2024/03/02

Reference Number MOT240226-2

Job Title Financial Manager

Branch/Department Mercedes - Benz Constantia Kloof

Job Type Classification Permanent

Location - Town / City Johannesburg

Location - Province/Area Gauteng

Location - Country South Africa

Job Description

TheKey performance areas:

Process And Governance
  • Manage compliancy processes in the area of accountability in order to manage risks and expose liabilities.
  • Manage and report on progress against operational budget in liaison with Dealer Principals.
  • Compile management accounts, including, budgets, cash flows, variance analysis and commentaries.
  • Conduct reconciliation of vehicles, parts, and service assets, verify against accounting records and address all
  • anomalies with senior line management.
  • Identify opportunities to minimize cost or increase revenue.
  • Monitor and evaluate financial processes for quality and effectiveness and notify stakeholders accordingly.
Finance
  • Plan and manage financial activities in line with approved policies, processes and procedures.
Customer
  • Develop and manage key stakeholder relationships that enable achievement of operational objectives.
People
  • Implement and manage workforce planning, recruitment, learning and development, performance
  • management, reward and recognition and employee relations to ensure an optimal working environment.
  • Ensure timeous, clear contracting and assessment of performance expectations with direct reports in line with identified objectives.
  • Ensure that the correct accounting policies and procedures are being follow at all times.
  • Manage the full capex process.
  • Prepare and/or review vehicle, parts and asset stock take.
  • Prepare and consolidate financial statements, and reports.
  • Prepare audit schedules for the auditors and assist them in finalizing audits.
  • Prepare OEM account reconciliations and follow up on variances.
  • Reconciliation of nominal ledger accounts and follow up on variances.
  • Review commission sheets.
  • Monthly Financial Reporting Annual Tax Pack.
  • Returns Monthly VAT GL Recon.
  • Review FSP Calculations and Returns Cash Book.
  • Management of the Bank Payments process.
  • Cash Management Reporting All Reconciliations.
Position Overview

To plan, manage and monitor the implementation of all financial management practices, activities and processes. Deliver on approved operational financial plans and to continuously enhance service delivery. Provide direction, review and report up the line. Manage financial support staff.

Specific Role Responsibilities
  • Financial Accounting Competency: Knowledge of financial accounting principles, classifying, measuring and recording transactions.
Proficiency Level Description: Applies elementary concepts of knowledge.
  • Behavioral Indicator: Knowledge and understanding of accounting and tax concepts, financial statements, trial balance, financial record keeping process.
  • Ability to record financial transactions.
  • Ability to understand accounting fundamentals and principles.
  • Compiles reports.
  • Interrogates transactions.
  • Shows basic knowledge and understanding of accounting and tax concepts, financial statements, trial balance, financial recordkeeping process and books or accounts of the company.
  • Records financial transactions.
  • Understands accounting fundamentals and principles.
  • Compiles and presents reports.
  • Interrogates transaction initiating information or data, and understands, records or enters transactions on to the system.
  • Analyses and reconciles financial information and data, resolves accounting issues, and reports on such.
Qualifications And Experience
  • Qualifications Type: Postgraduate Certificates
  • Professional Qualifications: Academic Field Education, Training and Development
  • Academic Sub-field: Higher Education and Training
  • Actual Qualification: NQF Level 7
Experience
  • 2 5 years experience in a similar environment.
  • Financial Services experience will be good but not essential.
Skills and Personal Attributes
  • Financial Accounting Competency: Knowledge of financial accounting principles, classifying, measuring and recording transactions.
Proficiency Level Description: Applies elementary concepts of knowledge.
  • Behavioral Indicator: Knowledge and understanding of accounting and tax concepts, financial statements, trial balance, financial record keeping process.
  • Ability to record financial transactions.
  • Ability to understand accounting fundamentals and principles.
  • Compiles reports.
  • Interrogates transactions.
  • Shows basic knowledge and understanding of accounting and tax concepts, financial statements, trial balance, financial recordkeeping process and books or accounts of the company.
  • Records financial transactions.
  • Understands accounting fundamentals and principles.
  • Compiles and presents reports.
  • Interrogates transaction initiating information or data, and understands, records or enters transactions on to the system.
  • Analyses and reconciles financial information and data, resolves accounting issues, and reports on such.
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