Head of Finance Operations (Motor Vehicle Business) at CIG Motors Company Limited

CIG Motors Company Limited is one of the African subsidiaries of Choice International Group. We are the exclusive premiere representative of leading Chinese automotive giants, including GAC Motors, JMC Motors, Dongfeng Motors, FAW Group, and Wuling Motors, within the Nigeria and Africa market.

CIG have consistently expanded our market presence nationwide through strategic partnerships and alliances, delivering a portfolio of high-quality and premium vehicles into the African market. We prioritize customer satisfaction and strive to exceed expectations. Our dedication to quality, innovation, and growth remains unwavering as we continue to shape the automotive industry landscape in Nigeria and beyond.

We are recruiting to fill the position below:

Job Title: Head of Finance Operations (Motor Vehicle Business)

Location: Victoria Island, Lagos
Job type: Full-time

Job Summary

• The Head of Finance (Motor Vehicle Business) at CIG Motors Limited will be responsible for overseeing all financial activities related to the sales and distribution of motor vehicles, ensuring financial sustainability, cost efficiency, and strategic growth. 
• The role requires strong financial acumen, leadership, and an understanding of the automotive retail and distribution sector. 
• The ideal candidate will ensure compliance with regulatory requirements, optimize financial performance, and support business expansion through effective financial management.

Key Responsibilities

• Develop and execute financial strategies to enhance the profitability of the motor vehicle business.
• Oversee financial planning, budgeting, forecasting, and reporting specific to vehicle sales and distribution.
• Ensure compliance with financial regulations, tax laws, and internal controls within the motor vehicle division.
• Manage and monitor cash flow, investments, and capital structure for vehicle procurement and sales.
• Analyze financial data and provide insights to support strategic decisions making in vehicle sales operations.
• Supervise the preparation of financial statements, audits, and tax filings for motor vehicle business activities.
• Assess financial risks and implement risk management strategies tailored to the motor vehicle business.
• Optimize cost control measures and improve financial efficiency in vehicle procurement, sales, and distribution.
• Lead and mentor the finance team, fostering a culture of excellence and accountability.
• Collaborate with other departments to align financial goals with overall motor vehicle business objectives.
• Drive financial technology solutions to enhance efficiency and automation in vehicle sales operations.
• Ensure adherence to IFRS and other relevant accounting standards for motor vehicle transactions.

Requirements

• Bachelor's Degree in Finance, Accounting, Economics, or a related field.
• A master’s degree (MBA or equivalent) or professional certifications (ACCA, ICAN, CFA) is preferred.
• Minimum of 7 years of progressive financial experience, with at least 3 years in a leadership role.
• Prior experience in the automotive retail, sales, or distribution industry is an advantage.
• Strong knowledge of financial regulations, taxation, and reporting standards.
• Proficiency in financial software and ERP systems like Sage 300.
• Excellent analytical, strategic planning, and decision-making skills.
• Strong leadership, team management, and communication abilities.
• High level of integrity and professional ethics.

Key Competencies:

• Financial and business acumen.
• Strategic thinking and problem-solving.
• Leadership and people management.
• Risk management and compliance.
• Negotiation and stakeholder management.
• Technology-driven financial management.

Remuneration

• Competitive Salary
• 13th Month Allowance
• Leave Allowance
• Monthly Performance Bonus
• Retirement Savings
• Robust Medical Coverage
• Daily Lunch
• Employee Car Ownership Scheme
• Learning & Development Budget
• Group Life Insurance
• Paid Time Off
• Opportunity to work in a fast-paced and dynamic environment.

Application Closing Date
Not Specified.