Divisional Finance Manager
4 weeks ago
POSITION: DIVISIONAL FINANCE MANAGER - AUTOMOTIVE & TRAVEL DIVISIONS
This is a unique opportunity to join a regional holding company which has ambitious expansion plans. This person will be involved in high level decision making on both operations and the long-term strategy of the group. This position will report directly into the Chief Financial Officer.
KEY RESPONSIBILITIES:- To ensure all the Group policies and procedures are implemented properly, communicated to all staff, monitored regularly, adhered to in all instances and rolled out to any new employees.
- 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 banking related transactions within the Automotive and Travel Divisions.
- 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.
- 5 + years of experience
- Chartered Accountant or similar qualification
- Proven track record within the Automotive sector
- Regional experience is preferred.
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