Retail Finance Manager at Simba Group

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
8 months ago

Additional Details

Job ID
131601
Job Views
36

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.



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