The Role
The Head of Finance Operations is responsible for overseeing financial activities in aftersales, ensuring profitability, compliance, and collaboration for business growth.
Summary Generated by Built In
Job Summary:
The Head of Finance (Aftersales) at CIG Motors Limited will be responsible for
overseeing all financial activities related to the aftersales business, ensuring
profitability, cost efficiency, and financial sustainability. The role requires strong
financial acumen, leadership, and an understanding of the automotive aftersales
sector. The ideal candidate will ensure compliance with regulatory requirements,
optimize financial performance, and support business growth through effective
financial management and collaboration with the different departments
(Commercial and Sales team, among others)
Key Responsibilities:
- Develop and execute financial strategies to enhance the profitability of the
aftersales business.
- Oversee financial planning, budgeting, forecasting, and reporting specific to
aftersales operations.
- Ensure compliance with financial regulations, tax laws, and internal
controls within the aftersales division.
- Manage and monitor cash flow, investments, and capital structure for
service centers and spare parts sales.
- Analyze financial data and provide insights to support strategic decisions
making in aftersales.
- Supervise the preparation of financial statements, audits, and tax filings
for aftersales business activities.
- Assess financial risks and implement risk management strategies tailored
to the aftersales business.
- Optimize cost control measures and improve financial efficiency in service
centers and spare parts sales.
- Lead and mentor the aftersales finance team, fostering a culture of
excellence and accountability.
- Collaborate with other departments to align financial goals with overall
aftersales business objectives.
- Drive financial technology solutions to enhance efficiency and automation
in aftersales operations.
- Ensure adherence to IFRS and other relevant accounting standards for
aftersales transactions.
Requirements
- Bachelor's degree in Finance, Accounting, Economics, or a related field.
- A master’s degree (MBA or equivalent) or professional certifications (ACCA,
ICAN, CFA) is preferred.
- Minimum of 7 years of progressive financial experience, with at least 3
years in a leadership role.
- Prior experience in the automotive aftersales, service, or spare parts
industry is an advantage.
- Strong knowledge of financial regulations, taxation, and reporting
standards.
- Proficiency in financial software and ERP systems like Sage 300, Longsky,
CRM etc.
- Excellent analytical, strategic planning, and decision-making skills.
- Strong leadership, team management, and communication abilities.
- High level of integrity and professional ethics.
Key Competencies:
- Financial and business acumen.
- Strategic thinking and problem-solving.
- Leadership and people management.
- Risk management and compliance.
- Negotiation and stakeholder management.
- Technology-driven financial management.
Benefits
- Competitive
Salary
- 13th Month
Allowance
- Leave
Allowance
- Monthly Performance
Bonus
- Retirement Savings
- Robust Medical Coverage
- Daily Lunch
- Employee Car Ownership Scheme
- Learning & Development Budget
- Group Life Insurance
- Paid Time Off
- Opportunity to work
in a fast-paced and dynamic environment
Skills Required
- Bachelor's degree in Finance, Accounting, Economics, or related field
- Master's degree (MBA or equivalent) or professional certifications (ACCA, ICAN, CFA)
- Minimum of 7 years of progressive financial experience
- At least 3 years in a leadership role
- Prior experience in the automotive aftersales industry
- Strong knowledge of financial regulations and reporting standards
- Proficiency in financial software and ERP systems
- Excellent analytical and decision-making skills
- Strong leadership and communication abilities
- High level of integrity and professional ethics
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The Company
What We Do
CIG Motors is an original equipment manufacturer (OEM) and the exclusive representative and distributor for leading Chinese automotive brands in Nigeria, offering a wide range of automobiles.
