Finance Business Partner Automotive

About This Role

JOB PURPOSE:

• Provide 'real time' support and analysis as a trusted adviser to add value that will assist in decision-making and will play a key role in driving the business forward. Serve as a liaison for business units providing proactive financial insight, understanding, consultation and support to business. Mediate between business units and central Finance team to ensure the proper visibility of all aspects of financial performance within the business area such as budgeting, variance analysis, cost center reporting and accrual calculations

Key Accountabilities:

• Relationships: As a liaison between business unit and central Finance function, support business in delivering on its key financial objectives, both its cost budget as well as financial performance through efficient running of key financial controls. Liaise with sales and finance team for timely collection, overdue receivables and bounced cheques. Liaise with the Credit Control department to accelerate the process of collections
• Facilitation: Summarize P&L and recommend strategic action plan to General Manager to bring performance to budgetary level, with root cause analysis. Conduct trend analysis and KPI benchmarking of activities to support the General Manager in setting targets, governing processes and implementing best practice. Ensure effective, efficient and accurate month-end close process across costs, capex and balance sheet, overseeing and reviewing performance of key activities
• Operational Support: Develop and maintain new BI reports in Qlik view based on BI enhancement plan. Track business performance, trends through effective tracking tools/reports, dashboards, vehicle sales and stock positioning for departments and locations on a daily, weekly, monthly, quarterly and annual basis. Review of monthly results for its accuracy before Final result and also prepare a reason for the deviation between actual and budgets. Communicate with the corporate Finance team for any rectification entries required before the final closing
• Planning: Lead the forecasting and budget cycles for the business area. Develop annual operating budget, coordinate with GM to assign targets to line manager, and monitor adherence to budgetary provisions. Maintain budget information in the ERP /other system to maintain the details of the approved budget and its utilization. Provide analysis and assessment of growth scenarios and options
• Service Delivery: Authority shall be given for certain matters as per the authority matrix. Develop and maintain performance reporting metrics such as Corporate Planner (budgeting tool) to facilitate smooth extraction of budget related data and subsequent preparation of budget
• Know how: Present reports to top management with emphasis on strategic elements that portrays performance via balanced scorecard. Lead market and competitor studies to understand the company’s position and provide key inputs to the product development teams to assist in the design of new products, service packages and pricing strategies Job Specific Information
• Manage the relationship in particular with the Automobile businesses
• First point of contact to address all financial requirements

QUALIFICATIONS, EXPERIENCE, COMPETENCIES Qualification (e.g. Academic Qualification, Certifications, Licenses)

• Bachelor’s degree in Financial Management or Accounting or equivalent (CA/ ACCA/ CIMA/ CPA)
• A Finance certification is preferred Experience
• Minimum 6 years of work experience in Finance in similar role
• Experience in Automotive Industry is preferred