Job Description

Responsibilities:

• Financial Management: Oversee all financial operations, including accounting, budgeting, forecasting, and financial reporting.
• Ensure the accuracy and integrity of financial records.
• Develop and implement financial policies and procedures.
• Hire Purchase and In-House Loan Operations: Set up, manage and optimize hire purchase agreements and processes.
• Design and structure loan packages that meet both the company's and the customer's needs.
• Monitor hire purchase collections and ensure timely payments.
• Evaluate and process loan applications from customers.
• Analyze credit reports, financial statements, and other relevant documents to assess the creditworthiness of applicants.
• Approve or recommend approval of loans within established lending limits.
• Assess credit risk and make recommendations for credit terms and approvals.
• Strategic Planning: Provide financial insights and analysis to support strategic decision-making.
• Assist in the development of long-term business plans.
• Identify and analyze financial risks and opportunities.
• Reporting and Compliance: Prepare monthly, quarterly, and annual financial statements.
• Ensure compliance with relevant financial regulations and standards.
• Provide information to internal stakeholders
• Liaise with external auditors and regulatory bodies.
• Team Leadership: Lead and develop the finance team of 2, promoting a culture of high performance and continuous improvement.
• Provide training and support to team members as needed.
• Cost Control: Monitor and control operational costs.
• Implement cost-saving initiatives without compromising quality or performance.

• ACCA / Degree in Accounting or any relevant discipline
• Minimum of 3 years of experience in a financial management role.
• Experience in the hire purchase sector is essential.
• Relevant experience in the automotive industry is preferred.
• Strong knowledge of financial regulations and accounting standards.
• Excellent analytical and problem-solving skills.
• Strong leadership and team management abilities.

Skills Required

• Accounting
• Financial Accounting