Job Description
Job Description
- We are seeking a highly analytical and commercially driven Retail Finance Manager to oversee the financial operations of our automotive retail network, including vehicle showrooms, service centers, and spare parts outlets.
- The ideal candidate will play a key role in driving financial performance, managing budgets, and supporting business decisions through data-driven insights.
Key Responsibilities
- Prepare and manage budgets and forecasts for retail operations (vehicle sales, aftersales services, spare parts).
- Analyze showroom and service center performance — revenue, gross profit, expenses, and margins.
- Track key financial metrics such as cost per unit sold, average revenue per vehicle, and parts profitability.
- Provide financial insights to support pricing strategies, promotions, and dealership expansion.
- Monitor and report on inventory value, stock movement, and working capital efficiency.
- Lead monthly financial reporting and variance analysis with recommendations to improve performance.
- Support audit readiness, tax compliance, and internal controls related to retail transactions.
- Collaborate with sales, service, and operations teams to align financial goals with business priorities.
Education & Requirements
Education Requirements:
- Bachelor’s degree in Accounting, Finance, Economics, or a related discipline.
- Professional certification (ICAN, ACCA, or equivalent) is required.
- MBA or a postgraduate degree in Finance is an advantage.
Experience Requirements:
- Minimum of 5–7 years’ experience in finance or accounting.
- At least 2 years in a managerial role, preferably within automobile retail, FMCG, or multi-branch retail environments.
- Experience managing financials for vehicle sales, service departments, or parts distribution is highly preferred.
Other Requirements:
- High integrity, accuracy, and attention to detail.
- Ability to manage multiple retail outlets and travel when required.
- Strong work ethic and ability to thrive in a fast-paced, sales-driven environment.
- Familiarity with dealership financial operations or DMS software is a plus.
Skills & Competencies:
- Strong understanding of retail finance in an automotive or similar sales-driven environment.
- Proficiency in Excel and accounting software (SAP, Sage, or dealership management systems).
- Excellent data analysis and presentation skills.
- Business acumen and ability to interpret complex financial data into actionable strategies.
- Strong interpersonal skills to liaise with showroom managers, service teams, and vendors.
Remuneration
- Competitive salary based on experience and qualifications.
- Performance-based bonuses.
- Vehicle or transport allowance.
- Health benefits, pension contributions, and staff discount.