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General Manager - Finance & Accounts
Vela AutomobileTN, IN1d ago
Full-timevia indeed
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Job Description
1\. Financial Planning \& Budget Control
- Prepare annual budgets for vehicle sales, service centres, spare\-parts sales, and administrative expenses.
- Monitor location\-wise revenue, expenditure, and profitability.
- Analyze monthly budget versus actual performance.
- Implement cost\-control measures across all branches and workshops.
- Prepare financial forecasts for business expansion and new service locations.
2\. Vehicle Sales \& Dealer Accounting
- Monitor vehicle purchase invoices, sales invoices, and dealer/manufacturer settlements.
- Reconcile vehicle stock with sales records and accounting entries.
- Verify manufacturer incentives, sales commissions, dealer discounts, and applicable credit notes.
- Monitor vehicle advances, customer receipts, refunds, and outstanding balances.
- Reconcile transactions with the OEM and authorized financing partners.
3\. Service Centre \& Workshop Accounts
- Monitor service revenue, labour charges, repair orders, and workshop expenses.
- Review free\-service, warranty, and paid\-service claims.
- Ensure timely submission and settlement of warranty claims with the OEM.
- Monitor service\-centre profitability and expenses by location.
- Review customer billing, job\-card closure, discounts, and complimentary services.
4\. Spare Parts \& Inventory Control
- Monitor spare\-parts purchases, sales, stock valuation, and gross margins.
- Reconcile physical stock with the inventory management system.
- Conduct periodic stock audits at all service locations.
- Investigate stock shortages, excess stock, damaged parts, and inventory adjustments.
- Monitor slow\-moving and non\-moving inventory, including EV batteries and high\-value components.
5\. Cash Flow \& Banking
- Monitor daily cash collections, bank balances, and payment requirements.
- Ensure timely collection of customer dues, OEM receivables, and warranty claims.
- Plan supplier payments and maintain sufficient working capital.
- Review bank reconciliations, loan accounts, and interest expenses.
- Establish controls for cash handling, deposits, refunds, and online payments.
6\. GST, Taxation \& Statutory Compliance
- Ensure timely GST returns, TDS payments, income tax compliance, and applicable filings.
- Monitor input tax credit reconciliation and GST treatment of vehicle and spare\-parts transactions.
- Ensure timely PF, ESI, and other applicable statutory payments in coordination with HR.
- Coordinate statutory audits, tax audits, and assessments.
- Track compliance deadlines and resolve discrepancies promptly.
7\. Internal Audit \& Financial Controls
- Conduct periodic financial audits of dealerships, workshops, and branches.
- Verify purchase orders, supplier invoices, expense vouchers, and payment approvals.
- Identify unauthorized expenses, billing discrepancies, and potential financial irregularities.
- Review discounts, credit notes, warranty claims, and cash transactions.
- Ensure closure of audit observations within the stipulated timeline.
8\. OEM Coordination \& Financial Reconciliation
- Reconcile dealer statements and outstanding balances with automobile manufacturers.
- Monitor OEM incentive claims, warranty reimbursements, and service campaign settlements.
- Investigate debit notes, credit notes, short payments, and disputed claims.
- Track pending claims and escalate overdue settlements.
- Maintain accurate documentation for OEM financial reviews and audits.
9\. Team Management
- Supervise accountants, branch accounts executives, cashiers, and billing personnel.
- Establish reporting deadlines and clear responsibility for each location.
- Review accounting accuracy, productivity, and compliance.
- Train staff in financial procedures, internal controls, and accounting systems.
- Coordinate with Sales, Service, Spare Parts, HR, Procurement, and Internal Audit departments.
Pay: ₹50,000\.00 \- ₹75,000\.00 per month
Benefits
- Health insurance
- Internet reimbursement
- Paid sick time
- Provident Fund
Work Location: In person
Job Overview
- Job type
- Full-time
- Work mode
- On-site
- Location
- Chennai
- Posted
- 1d ago
- Source
- Indeed