Key Responsibilities Financial Accounting & Control
- Oversee the end-to-end financial accounting cycle, including Accounts Payable (supplier invoices for imported stock and overheads) and Accounts Receivable (dealer payments and rebates).
- Lead the monthly, quarterly, and annual closing processes, ensuring all financial statements are accurate and compliant with Australian Accounting Standards (AASB).
- Reconcile complex general ledger accounts, specifically focusing on vehicle inventory, prepayments, accrued liabilities, and manufacturer incentives.
- Manage the preparation and submission of all statutory returns, including BAS, IAS, and FBT, ensuring strict compliance with ATO regulations.
- Supervise junior accounting staff and manage the processing of payroll and superannuation. Funding & Treasury Management
- Manage the day-to-day liquidity and cash flow forecasting to support the import and distribution cycles.
- Act as the primary liaison with banking institutions and floorplan providers, managing relationships and negotiating funding terms.
- Monitor and optimize the vehicle inventory funding structure, ensuring the company maintains the most cost-effective financing solutions.
- Track interest accruals and funding costs associated with stock financing, providing analysis to management on the financial impact of inventory holding periods.
- Manage foreign exchange risk hedging strategies related to import payments.
Commercial
Analysis & Reporting
- Prepare and analyze monthly management reports, providing insights into gross profit margins,
overhead efficiency, and inventory turnover.
- Conduct detailed variance analysis to identify trends and areas for financial improvement.
- Assist in the annual budgeting and rolling forecast processes, providing financial data to support strategic planning.
Candidate Requirements
Education & Qualifications
- Bachelor’s degree in Accounting, Finance, or a related business field. CPA or CA qualifications (or progress towards) are highly desirable.
- Formal qualifications or certifications in Treasury Management would be viewed favorably but are not mandatory. Experience
- Minimum of 6 years of experience in a commercial finance role within a trading, import workplace.
Experience within the automotive industry(specially distributor operations)is preferable.
- Proven experience managing "floorplan" financing or inventory-backed lending facilities is essential.
- Experience with automotive industry accounting practices, including parts and vehicle inventory valuation, is highly advantageous.
- Previous experience using Enterprise Resource Planning (ERP) systems such as SAP, Oracle, or similar is required.
Skills & Competencies - Advanced proficiency in Microsoft Excel (pivot tables, advanced formulas).
- Exceptional analytical skills with the ability to interpret complex financial data and present it clearly.
- Strong leadership qualities with the ability to mentor staff and manage deadlines.
- High level of integrity, discretion, and the ability to handle confidential financial information.
📌 Finance Manager (Sydney)
🏢 Jetour
📍 Sydney