Job 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
About Company:
Puente Hills Hyundai is a busy multi-dealership, family-owned franchise. We are located in the City of Industry, CA. Benefits offered include Medical, Dental, 401(k), and other great benefits.
Benefits:
Competitive salary and commission structureLife insuranceVision insurancePaid time off and holidays
Job Tags
Holiday work, Temporary work,