Finance Executive

Finance Executive Automobile Industry

Job Summary

The Finance Executive will be responsible for handling day-to-day financial operations, statutory compliance, and reporting in line with automobile dealership/manufacturing requirements. The role involves managing accounts, taxation, vendor payments, dealer settlements, and coordinating with sales & service teams to ensure smooth financial operations.

Key Responsibilities

• Maintain day-to-day accounts including accounts payable/receivable, ledger posting, and reconciliations.
  
• Prepare financial statements – Trial Balance, P&L, and Balance Sheet.
  
• Manage dealer/vendor payments, customer settlements, and credit control.
  
• Handle vehicle financing documentation and coordinate with banks/NBFCs.
  
• Monitor inventory, spares, and accessories-related financial transactions.
  
• Process warranty claims, service revenue, and insurance settlements.
  
• Prepare MIS reports on sales, service income, spare parts, and accessories.
  
• Assist in budgeting, forecasting, and variance analysis.
  
• Ensure compliance with GST, TDS, PF, ESI, and other statutory requirements.
  
• Support internal and statutory audits across branches/outlets.
  
• Coordinate with sales, service, and spares teams for timely financial clearances.
  
• Liaise with banks for fund management, reconciliations, and loan settlements.
  

Required Skills

• Strong knowledge of

  automobile dealership accounting

  (sales, service, spares, accessories).
• Proficiency in

  Tally ERP, SAP, Dealer Management System (DMS), MS Excel

  .
• Good understanding of

  vehicle finance, insurance, and RTO processes

  .
• Analytical skills for profitability and variance analysis.
  
• Strong communication and coordination abilities.
  
• Attention to detail, accuracy, and ability to meet deadlines.
  
• Knowledge of statutory compliance (GST, TDS, PF, ESI, PT).
  

Qualifications

• Bachelor’s degree in Commerce/Finance/Accounting (B.Com, M.Com, MBA Finance).
  
• 1–5 years of experience in

  finance/accounts

  , preferably in the

  automobile industry

  or dealership setup.