Aftersales Finance Manager

CIG Motors

Not Interested
Bookmark
Report This Job

profile Job Location:

Lagos - Nigeria

profile Salary: Not Disclosed
profile Experience Required: 5years
Posted on: 11 hours ago
Vacancies: 1 Vacancy

Job Summary

Job Summary:

The Aftersales Finance Manager is responsible for financial control profitability and compliance across aftersales operations including service workshops spare parts warranty and customer service activities. The role ensures accurate costing revenue optimization budget control and strong financial governance to support business growth and customer satisfaction.


Key Responsibilities:

Financial Management & Control

  • Manage end-to-end financial operations of aftersales service and parts departments.
  • Monitor and analyze aftersales revenue streams (labor parts accessories service contracts).
  • Ensure accurate cost allocation margin analysis and profitability reporting.
  • Prepare monthly management accounts and variance analysis for aftersales operations.
  • Enforce internal controls to prevent revenue leakage and financial loss.

Budgeting & Forecasting

  • Develop and manage aftersales budgets and forecasts in collaboration with operations teams.
  • Track actual performance against budget and recommend corrective actions.
  • Support pricing strategies for service labor rates spare parts and value-added services.

Warranty & Claims Management

  • Oversee OEM warranty claims accounting reconciliation and recovery.
  • Ensure timely submission and follow-up of warranty claims to manufacturers.
  • Monitor warranty provisions recoveries and aging.

Inventory & Parts Finance

  • Supervise financial controls over spare parts inventory including valuation slow-moving items and obsolescence.
  • Support stock optimization and inventory turnover improvement.
  • Conduct periodic stock audits and reconciliations.

Compliance & Reporting

  • Ensure compliance with IFRS tax regulations OEM requirements and company policies.
  • Coordinate audits related to aftersales financial activities.
  • Support PAYE VAT and withholding tax compliance as it relates to aftersales transactions.

Business Partnering & Decision Support

  • Act as a finance business partner to Aftersales Managers and Service Heads.
  • Provide financial insights to support operational efficiency and customer profitability.
  • Participate in process improvement initiatives and digitalization of aftersales finance.

Team Leadership

  • Supervise and develop aftersales finance staff.
  • Set performance targets conduct appraisals and build a high-performance team.

Key Performance Indicators (KPIs)

  • Aftersales gross margin
  • Revenue leakage reduction
  • Warranty recovery rate
  • Inventory turnover and obsolescence
  • Budget variance control
  • Timeliness and accuracy of financial reports



Requirements

  • Bachelors degree in Accounting Finance or related field
  • Professional qualification: ICAN ACCA CPA (mandatory or strong advantage)
  • Minimum 8 years of finance experience with at least 2 years in a managerial position
  • Automotive aftersales or dealership operations is a plus
  • Strong knowledge of automotive service parts and warranty processes

Skills & Competencies

  • Strong financial analysis and reporting skills
  • Deep understanding of automobile aftersales business models
  • Advanced Excel and ERP/DMS experience (e.g. SAP Oracle Autoline CDK)
  • Excellent stakeholder management and communication skills
  • High integrity attention to detail and commercial mindset

Behavioral Competencies

  • Results-driven
  • Strong business acumen
  • Proactive problem-solver
  • Collaborative and customer-focused


Benefits

  • Competitive Salary
  • 13th Month Allowance
  • Leave Allowance
  • Monthly Performance Bonus
  • Retirement Savings
  • Medical Coverage
  • Opportunity to work in a fast-paced and dynamic environment


Job Summary: The Aftersales Finance Manager is responsible for financial control profitability and compliance across aftersales operations including service workshops spare parts warranty and customer service activities. The role ensures accurate costing revenue optimization budget control and stron...
View more view more

Company Industry

IT Services and IT Consulting

Key Skills

  • Aviation Safety
  • Human Resource Management
  • CFA
  • Cloud Computing
  • Landscape
  • ACCA