5+ years of automotive finance experience, including dealership management
Strong understanding of financial reporting and analysis
Expertise in cash management and forecasting
Familiarity with dealership software systems
Knowledge of government finance regulations and compliance
Proficiency in developing and interpreting financial statements
Responsibilities
Prepare monthly financial statements according to dealership guidelines
Interpret financial statements and operational trends for management
Assist in short- and long-term financial forecasting
Provide detailed financial reports to department managers
Maintain a cash management system for effective fund utilization
Conduct audits of general ledger accounts and investigate discrepancies
Oversee compliance with finance regulations and manage tax records
Benefits
Comprehensive health and dental insurance
401(k) retirement plan with employer matching
Paid time off and holiday benefits
Employee discounts on vehicle purchases and services
Opportunities for professional development and training
Full Job Description
Duties and Responsibilities:
Reports the financial condition of the total dealership to the dealer/general manager regularly and accurately. Provides sales and expense analyses summarizing potential problem areas and opportunities for improved profitability relative to monthly and annual forecasts.
Automotive Controller - Essential Duties
Prepares a complete financial statement monthly according to dealership guidelines and within each manufacturer's format and time frame. Ensures that all manufacturer accounts, including warranty claims, rebates, interest protection and co-op advertising are current and accurate.
Interprets the financial statement and the daily operating control (DOC) regularly and informs dealer of developing trends.
Participates in the preparation of short- and long-term financial forecasts for the dealership.
Provides department managers with detailed financial and management reports.
Maintains an effective cash management system that forecasts cash funds and makes recommendations for the profitable use of excess cash.
Directs assessment of depreciation rates to apply to capital assets.
Reviews the general ledger and scheduled accounts. Notes any unusual entries and investigates.
Reviews the reconciliation of general ledger accounts with outside sources to ensure proper bank reconciliation, reserve accounts, factory payable and floor plan payable.
Stays abreast of tax code revisions and advises dealer regarding any operational adjustments needed to accommodate revisions.
Ensures compliance with all applicable government finance regulations, including filing and/or maintaining of required forms, payroll taxes and deposits, income taxes, retirement plan records etc.
Manages the dealership computer system to maximize utilization.
Administers a loss review program and maintains loss reserves for contingent liabilities and trade receivables.
Meets with dealer to evaluate all insurance renewals.
Purchases property and liability insurance.
Prepares and processes all insurance claims.
Coordinates annual audit (or review) and physical inventory.
Ensures that all office personnel are using proper accounting procedures and maintaining accurate records and analyses and supervises the preparation of all information for the CPA in order to minimize audit or review costs.
Continually strives to improve data integrity and information reporting throughout the dealership.
