Head of Finance Operations (Aftersales) at CIG Motor Ltd

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