Finance Manager – Automobile Dealership

Designation: Finance Manager – Automobile Dealership

Job Summary

The Finance Manager will be responsible for managing the financial and accounting operations of an automobile dealership. The role involves financial planning, budgeting, reporting, taxation, statutory compliance, internal controls, and coordination with banks and OEM partners.

Key Responsibilities

Financial Management

• Prepare monthly, quarterly, and annual financial statements.
  

• Manage cash flow, working capital, and banking transactions.
  

• Monitor profitability across vehicle sales, service, and spare parts.
  

• Oversee vendor payments and receivables collection.
  

Budgeting and Forecasting

• Prepare annual budgets and financial forecasts.
  

• Monitor actual performance against budgets and analyze variances.
  

• Provide financial analysis to support business decisions.
  

Accounting and Compliance

• Oversee accounting operations and financial reporting.
  

• Ensure GST, TDS, and statutory return compliance.
  

• Coordinate with auditors, tax consultants, and regulatory authorities.
  

• Ensure compliance with OEM financial reporting requirements.
  

Dealership Operations

• Coordinate with sales, service, and spare parts departments.
  

• Monitor vehicle inventory financing and stock reconciliation.
  

• Coordinate customer vehicle finance with banks and NBFCs.
  

• Track OEM incentives, claims, and reimbursements.
  

Internal Controls and Risk Management

• Establish and monitor financial controls and audit procedures.
  

• Identify and address financial discrepancies and operational risks.
  

• Conduct internal audits and stock audits.
  

Team Management

• Supervise the accounts and finance team.
  

• Ensure accurate bookkeeping, reconciliations, and documentation.
  

• Guide team members on accounting procedures and compliance.
  

Required Skills

• Financial Statements and Financial Reporting
  

• Budgeting and Forecasting
  

• Accounting and Financial Management
  

• GST, TDS, and Statutory Compliance
  

• Dealership Financial Operations
  

• Inventory Finance Management
  

• Banking and Loan Coordination
  

• Internal Controls and Risk Management
  

• Team Management
  

• Tally, SAP, ERP, or Dealer Management Systems (DMS)
  

Candidate Profile

• 14–20 years of relevant experience in Finance and Accounts.
  

• Experience in automobile dealerships or the automotive industry is preferred.
  

• Strong knowledge of accounting, taxation, budgeting, and financial controls.
  

• B.Com. qualification is required. CA/CMA or higher qualifications are preferred.
  

• Candidates available to join immediately and residing in or near Bangalore are preferred.