12 Nov
|
APARNAA MOTORS - MARUTI SUZUKI DEALER
|
India
12 Nov
APARNAA MOTORS - MARUTI SUZUKI DEALER
India
Finance Executive in the automobile industry handles day-to-day financial operations, accounting, loan/credit coordination, and regulatory compliance. Depending on whether you work at an automobile dealership, a captive finance/lending firm (like Bajaj Auto Finance or Mahindra Finance), or an OEM/manufacturing plant, the core responsibilities shift. [1, 2]Key Responsibilities by Setting1. At the Dealership Level (Vehicle Finance / F&I; Executive)Most entry-to-mid level finance executive roles in showrooms focus on helping buyers fund their vehicle purchases and managing dealer accounts:
Loan Coordination & Processing: Collect customer KYC and financial documents, check eligibility, and log loan files into lender systems.
Lender & Bank Liaison: Coordinate with tie-up banks and non-banking financial companies (NBFCs) to speed up loan approvals and disbursements so vehicle deliveries are not delayed. [1]
F&I; (Finance & Insurance) Sales: Present financing packages, interest rates, down payment options, and add-on products (such as extended warranties or vehicle insurance) to buyers.
File Hygiene & Compliance: Minimize loan rejections by ensuring clean,
policy-compliant documentation that meets RBI and audit guidelines.
Payout & Incentive Tracking: Track dealership commission payouts, subvention schemes, and manufacturer-to-dealer financial incentives.
At the Corporate / Manufacturing / Accounts LevelIf the role is situated in general corporate accounting or FP&A; (Financial Planning & Analysis) within an auto manufacturer or major distributor:
Accounts & Bookkeeping: Manage day-to-day accounts payable (AP), accounts receivable (AR), general ledger entries, and vendor/supplier reconciliations.
MIS & Reporting: Assist in preparing monthly/annual profit & loss (P&L;) statements, balance sheets, and cash flow reports.
Audit & Tax Compliance: Support statutory audits, GST filings, tax computations, and adherence to corporate or regulatory financial standards.
Cost & Cash Flow Monitoring: Track operational expenses, factory/showroom budgets, and working capital requirements.
Pay: ₹10,000.00 - ₹15,000.00 per month
Perks:
Cell phone reimbursement
Versatile schedule
Provident Fund
Work Location: In person
📌 Finance Executive Maruti Dealer Sambalpur (India)
🏢 APARNAA MOTORS - MARUTI SUZUKI DEALER
📍 India