Finance Manager (Automotive Consultant)

Job description / Role

Reports to: Chief Financial Officer / Chairman

Position Profile / Job Purpose
To ensure the Automotive Division’s financial goals and objectives are achieved by ensuring that all accounting and control procedures are in place in accordance with company policy and local requirements and regulations. Analyze financial information, prepare financial reports to determine or maintain record of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization. You will further assist the Executive Management for relaunching the Automotive Consulting Division of the company and help grow the business through the addition of new clients and reactivate previous client relationships. You will further be required to assist the Executive management by providing consulting services and advice in various competencies such as:

• Strategy Development and Implementation
• Feasibility Studies
• Business Re-engineering
• Change Management
• Mergers and Acquisitions
• Discreet Divestitures
• Business Valuations
• Transformation
• Investment Opportunities
• Etc.

Key Responsibilities
• To ensure all the Group policies and procedures are implemented properly, communicated to all staff, monitored regularly, adhered too in all instances and rolled out to any new employee.
• Where a policy or procedure is required but not yet developed, to develop such policy in the required format, obtain the necessary approvals and implement.
• To implement financial controls in the businesses which prevent misuse and misappropriation of funds or assets and inefficient cost control.
• Serve as a key member of the senior management team to develop operational and strategic business plans, forecasts and feasibility studies.
• Preparation of reports daily, weekly and monthly which include but are not limited to revenue analysis, debtors analysis, monthly management accounts.
• Preparation of annual budgets per business unit with quarterly updated rolling forecasts.
• Preparation and presentation of monthly Business Review Pack (BUR).
• Submission of a monthly Financial Manager’s report summarizing the performance of the businesses under your control, which includes a P&L, variance analysis against budget and forecast, balance sheet and cash flow, focus areas for the next month, control weaknesses and corrective actions.
• Management and control of all treasury related transactions within the Automotive companies.
• Daily cash flow monitoring and management which includes the management of payables.
• Monthly balance sheet reconciliations review and authorize.
• Preparation of accounts must be in line with IFRS.
• Overseeing and control of the purchasing department ensuring the right item is purchased at the most competitive price.
• Monitor supplier/customer agreements regarding respective revenue and cost associated with them.
• Use industry experience and initiative to identify areas for cost cutting and/or revenue improvement.
• Ensure all businesses and assets under your control are at all times properly insured through a reputable insurance company, claims are processed timely with appropriate.
• Risk management of assets, currency, credit and liquidity.
• Ensure that all IT systems are being used in accordance with the business requirements and proper segregation of duties is implemented.
• Manage and coordinate internal and external audits.
• Strive to build a team culture by working together with the respective business and department heads in support of their strategies to achieve the business plan.
• Oversee the payroll preparation of the Automotive companies.
• Serve as advisor to key management regarding strategic projects and operational requirements.
• Provide leadership to your finance team members and strive to be industry leading in terms of accuracy, quality, timings, execution and delivery.
• Developing and monitoring KPI’s and KPA’s for the finance staff.
• Foster a performance driven environment with quarterly staff performance reviews, identifying training needs and mentoring/coaching staff.
• Be familiar with the labour law and HR practices in the business and industry.

Requirements

Must possess business leadership, Microsoft Office application literacy, cross-cultural work environments exposure, critical problem analysis/resolution skills. Knowledge and experience in the automotive industry regarding imports, exports, maintenance, financing, insurance, parts, consulting, etc. processes and is equally versed in IFRS for automotive. Preferably knowledge and previous experience of automotive related software applications such as Kerridge and SAP.

• Between 25 - 40 years of age
• An energetic, motivated individual with aspirations of obtaining international financial management experience
• Postgraduate degree in accounting, finance or related would be an advantage
• Able to show some entrepreneurial initiatives
• Comfortable in communicating up to Chairman level
• 5 years+ automotive industry related experience, preferably with some direct dealership or automotive consulting experience.

About the Company

RS Executive is a trusted provider of executive search, headhunting and bespoke recruitment solutions.

Headquarters in Dubai, strong local knowledge and extensive regional network combined with global reach, makes us the recruiter of choice.

We work with highly successful leaders with demonstrable achievements, who can drive your business forward and help you gain an edge against competitors in an increasingly competitive world. These individuals are in the top percentile within their field, can add instant value and be instrumental to the growth and success of your organisation.

We provide confidential, practical and informed advice to both the clients and candidates that we represent. By listening to their needs, researching, then providing fast and effective solutions we build long-term partnerships with these professionals.

We exclusively recruit for C-Suite, strategic leadership and management roles across all functions of a business.

• Accountancy & Finance
• Business Development & Sales
• Engineering
• Human Resources
• Information Technology
• Investment
• Legal
• Marketing
• Operations
• Procurement
• Property
• Supply Chain & Logistics