Job Description

Job Summary: Reports the financial condition of the total dealership to the dealer/general manager regularly and accurately. Provide sales and expense analysis summarizing potential problem areas and opportunities for improved profitability relative to monthly and annual forecasts.

Responsibilities:

• Prepares a complete financial statement monthly according to dealership guidelines, and within each manufacturer’s format and timeframe.
• 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.
• Provides management with detailed financial reports
• Maintains an effective cash management system that forecasts cash funds and makes recommendations for the profitable use of excess cash.
• Review the general ledger and schedule 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.
• Ensure 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.
• Purchases property and liability insurance.
• Prepares and processes all insurance claims.
• Additional duties as assigned.
  

Requirements:

• Bachelors degree in accounting or finance required.
• 7+ years of progressive accounting experience, including previous controllership experience within a dealership/automotive industry required.
• Strong knowledge of GAAP and dealership financial reporting standards
• Excellent analytical, leadership, and communication skills.
• Proficiency with dealership management systems (e.g., Reynolds & Reynolds) and accounting software preferred.

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