Financial Controller job

Individual reports the financial condition of the total dealership to the dealer or general manager and Management Company regularly and accurately. Individual provides sales and expense analysis summarizing potential problem areas and opportunities for improved profitability relative to monthly and annual forecasts. Individual must possess automotive accounting experience. Applicant prepares a complete financial statement monthly according to the dealership guidelines and within each manufacturer's format and time frame. Applicant ensures that all manufacturer accounts, including warranty claims, rebates, interest protection and co op advertising is current and accurate.

Interprets the financial statement and the daily operating control regularly and informs dealer of developing trends. Individual participates in the short and long term financial forecast for the dealership and provides department managers with detailed financial and management reports. Individual maintains an effective cash management system that forecasts cash funds and makes recommendations for the profitable use of cash. Applicant directs assessment of depreciation rates to apply to capital assets. Reviews the general ledger and scheduled accounts.

Notes any unusual entries and investigates. Individual 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. Individual ensures compliance with all applicable government finance regulations, including filing and or maintaining of required forms, payroll taxes and deposits, income taxes, etc. Applicant manages the dealerships computer system to maximize utilization.

Administers a loss review program and maintains a loss reserve for contingent liabilities and trade receivables. Prepares and processes all insurance claims. Applicant coordinates annual audit and physical parts inventory. Ensures that all office personnel are using proper accounting procedures and maintaining accurate records for the year end audit to minimize costs. Applicant continues to strive to improve data integrity and information reporting through the dealership. Attends managers meetings. Maintain professional appearance.