Automotive Dealership Controller
Apply NowCompany: Puente Hills Hyundai
Location: City Of Industry, CA 91714
Description:
Description
Puente Hills Hyundai is a multi-franchise dealer that is currently looking for an EXPERIENCED Automotive Controller to join our team! A minimum of 5 years of Automotive Dealership Accounting experience is REQUIRED for this position. Previous Automotive Controller experience is REQUIRED. This position offers a generous base salary in addition to industry-leading benefits
Responsibilities
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 for 3 locations
Interpret and analyze financial statements
Keep the Owner of the dealership informed on the trends and cash needs of the business
Develop and maintain an effective cash management system
Manage the day-to-day accounting operations of the store to ensure that all transactions are recorded in compliance with company accounting processes and policies
Close the books accurately each month
Manage and safeguard the stores' assets and ensure that internal controls are in place
Assist department managers in reading and interpreting their financial reports and in creating action plans needed to improve their operations
Respond to requests for information and assistance in a timely manner
Work with the General Manager to improve revenue or reduce expenses in order to meet or exceed the budget and grow the business
Participates in the preparation of short- and long-term financial forecasts for the dealership
Provides department managers with detailed financial and management reports
Directs assessments 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 the dealer principal regarding any operational adjustments needed to accommodate revisions
Ensures compliance with all applicable government finance regulations, including filing and/or maintaining required forms, payroll taxes and deposits, income taxes, retirement plan records, etc.
Administers a loss review program and maintains loss reserves for contingent liabilities and trade receivables
Purchases property and liability insurance
Prepares and processes all insurance claims
Coordinates annual audit (or review) and physical inventory
Continually strives to improve data integrity and information reporting throughout the dealership
Attends managers' meetings.
Complete the month-end and year-end close of the income statement and balance sheet, reconcile accounts, and handle general ledger analysis for all U.S. entities
Ensure all scheduled accounts, warranty claims, rebates, parts, and vehicle inventory are current and accurate
Oversee and manage dealership financial activities, such as the cash flow, preparation of budgets, auditing financial reports and books of accounts, purchases, fixed assets, and insurance
Analyze and review wholesale liability
Conduct an analytical review of monthly financial statements, highlighting deviations from budget and unusual increases/decreases in revenue and expenses
Regularly analyze financial reports and the daily control of operations and notify the General Managers and owner of developing trends
Oversee and manage the Office Managers and the Accounting team in our dealership operations
Attract, retain, and develop a team via coaching, mentoring, career development, and performance management feedback. Provide development and succession planning opportunities for team members
Establish and manage financial controls for our dealership operations that ensure the highest level of accountability, risk mitigation, and internal control/regulatory compliance
Integrate and train new staff while leading the continued professional development of the existing team
Qualifications
5+ years of experience in automotive dealership financial management
Strong knowledge of dealership accounting principles and financial reporting
Proficiency in financial analysis and forecasting
Experience with multi-franchise dealership operations
Excellent leadership and team management skills
Puente Hills Hyundai is a multi-franchise dealer that is currently looking for an EXPERIENCED Automotive Controller to join our team! A minimum of 5 years of Automotive Dealership Accounting experience is REQUIRED for this position. Previous Automotive Controller experience is REQUIRED. This position offers a generous base salary in addition to industry-leading benefits
Responsibilities
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 for 3 locations
Interpret and analyze financial statements
Keep the Owner of the dealership informed on the trends and cash needs of the business
Develop and maintain an effective cash management system
Manage the day-to-day accounting operations of the store to ensure that all transactions are recorded in compliance with company accounting processes and policies
Close the books accurately each month
Manage and safeguard the stores' assets and ensure that internal controls are in place
Assist department managers in reading and interpreting their financial reports and in creating action plans needed to improve their operations
Respond to requests for information and assistance in a timely manner
Work with the General Manager to improve revenue or reduce expenses in order to meet or exceed the budget and grow the business
Participates in the preparation of short- and long-term financial forecasts for the dealership
Provides department managers with detailed financial and management reports
Directs assessments 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 the dealer principal regarding any operational adjustments needed to accommodate revisions
Ensures compliance with all applicable government finance regulations, including filing and/or maintaining required forms, payroll taxes and deposits, income taxes, retirement plan records, etc.
Administers a loss review program and maintains loss reserves for contingent liabilities and trade receivables
Purchases property and liability insurance
Prepares and processes all insurance claims
Coordinates annual audit (or review) and physical inventory
Continually strives to improve data integrity and information reporting throughout the dealership
Attends managers' meetings.
Complete the month-end and year-end close of the income statement and balance sheet, reconcile accounts, and handle general ledger analysis for all U.S. entities
Ensure all scheduled accounts, warranty claims, rebates, parts, and vehicle inventory are current and accurate
Oversee and manage dealership financial activities, such as the cash flow, preparation of budgets, auditing financial reports and books of accounts, purchases, fixed assets, and insurance
Analyze and review wholesale liability
Conduct an analytical review of monthly financial statements, highlighting deviations from budget and unusual increases/decreases in revenue and expenses
Regularly analyze financial reports and the daily control of operations and notify the General Managers and owner of developing trends
Oversee and manage the Office Managers and the Accounting team in our dealership operations
Attract, retain, and develop a team via coaching, mentoring, career development, and performance management feedback. Provide development and succession planning opportunities for team members
Establish and manage financial controls for our dealership operations that ensure the highest level of accountability, risk mitigation, and internal control/regulatory compliance
Integrate and train new staff while leading the continued professional development of the existing team
Qualifications
5+ years of experience in automotive dealership financial management
Strong knowledge of dealership accounting principles and financial reporting
Proficiency in financial analysis and forecasting
Experience with multi-franchise dealership operations
Excellent leadership and team management skills