CIG Motors Co., Ltd

Head of Finance Operations (Motor Vehicle Business)

CIG Motors Co., Ltd  •  Lagos, NG (Onsite)  •  5 months ago
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Job Description


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.


Benefits


  • 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
CIG Motors Co., Ltd

About CIG Motors Co., Ltd

CIG Motors Co., Ltd is the representative of GAC Motor in Nigeria. It began

its operations in 2013 following a pact signed with Guangzhou Group

Automobile Group Co., (GAC Motor) to establish and manage

distribution networks in Nigeria and subsequently Africa.

CIG Motors Co., Ltd started with the introduction of 2 major models;

the GA3 Saloon and GS5 SUV models of GAC Motor; with a subsequent

introduction of 3 more models in 2016 and 2017. As at date, CIG Motors

has introduced 6 GAC Motor models into the Nigerian market; GA3,

GA3S, GS3, GS4 and the Standard Luxury SUV GS8 (which is the flagship

model). CIG Motors Co., Ltd recently introduced the Mini Space Bus GN8

and intends to cover the Nigerian market with the world’s best in terms

of automobiles.

CIG Motors Co., Ltd recently signed another landmark technical assembly

agreement with a new partner, Jiangxi Jiangling Motors Import and

Export Co., Ltd, thereby extending it’s vehicle models to include all

commercial vehicles and cars of GAC, ZNA, Dongfeng (DFAC) and

JMC brands.

The company holds its brands in very high esteem and makes very

conscious investments behind the master brand and a focused

communication investment in the value proposition packages.

Industry
Wholesale & Distribution
Company Size
51-200 employees
Headquarters
Victoria Island, NG
Year Founded
2013
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