Finance Operations Administrator
Mercedes-Benz South Africa – Pretoria, Gauteng
Closing date 11 July 2024
Purpose
- To ensure a thorough grasp of lease accounting procedures for both our contract management and financial accounting systems, perform daily financial operations such as data analysis and ledger calculations related to lease accounting, and evaluate the effectiveness of reconciliation tools.
Requirements
- Degree/Diploma – Financial accounting or financial management
- Postgraduate Qualification advantageous
- 1 to 3 years’ working experience
- Experience within Financial Service Industry
Skills & Competencies
- Computer Literacy (MS Office)
- Analytical Skills
- Presentation Skills
- Written & Verbal Communication
- Problem Solving Skills
- Business and Financial Acumen
- Interpersonal Skills
- Organisational Skills
- Time Management
- Teamwork
- Knowledge of automotive finance products
- Accounting principles and best practice
- Systems experience (CMS, SAP)
- Knowledge of FCPA regulations
- Sound Understanding and Interpretation of IFRS standards
- Regulatory Knowledge and Compliance
- Credit and Collections
- Inventory and Asset Management
- Monthly and Annual Close Processes
- Financial Product Pricing
Responsibilities
- Transaction Processing: Process insurance receipts and lead fee payments in the accounting system (SAP), ensuring timely and accurate recording of transactions.
- Reconciliation and Reporting: Perform reconciliation of insurance lead fees and prepare the monthly insurance income statement to support financial reporting and decision-making processes.
- Inventory Risk Calculation: Calculate the inventory risk share payable between Mercedes-Benz South Africa and Mercedes-Benz Financial Services, utilising established methodologies and systems.
- Journal Management: Administer the daily posting of journals into the accounting system (SAP), maintaining the integrity of financial data and records.
- Sales Data Reporting: Report relevant sales data from Mercedes-Benz South Africa and Mercedes-Benz Financial Services regarding buyback lease contracts, ensuring accurate accounting and classification of all assets in the IBIS system.
- Operational Performance Reporting: Administer the collation and reporting of Operational Performance indicators for monthly reporting, providing valuable insights into business performance.
- Financial Analysis: Calculate and analyse Net credit losses, Fee income, and other expenses for monthly reporting, supporting strategic decision-making processes.
- Pricing Validation: Perform pricing checks and validations to ensure accuracy and completeness in our financial product pricing, mitigating potential risks and maximizing profitability.
- Vendor Management: Create new vendor records or update existing vendors in the accounting system, ensuring accurate mapping between relevant business systems and maintaining vendor data integrity.
Additional Information
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Ref No
- MER0003A76
Enquiries
- Zukisa Stofile
- E-Mail: [email protected]
Centre
- Finance & Controlling Department
To apply for this job please visit jobs.mercedes-benz.com.