Controller

Job Description

Immediate need for a Regional Automotive Dealership Controller to oversee multiple OEM stores. The Regional Controller will oversee and maintain the timely and accurate accounting and reporting of numerous new car stores. This includes preparing and reviewing intercompany schedules and OEM financial statements in accordance with GAAP and OEM requirements. Additional duties include maintaining rigid controls over Company’s assets and expenditures. This position is responsible for the operation of all accounting related features of the new car stores in the region. The ideal candidate will maintain rigid internal controls over company assets and expenditures, manage the day-to-day operations of the regional accounting team, and deliver accurate financial and statistical reporting to executive leadership. The Regional Controller identifies problem areas and opportunities for improved cash flow and profitability and provides timely, accurate reporting, to senior management.

Major Duties and Responsibilities

• Oversee and manage the timely and accurate preparation and submission of monthly financials statement prepared by the store controllers in accordance with GAAP and OEM reporting requirements
• Manage several new car store controllers to include the oversight of (assistant controllers/office managers) human resources and payroll. Oversee and approve pay plans, commission/bonuses and employee benefits costs.
• Review accounting schedules, sales journal and ensure that all general ledger accounts and manufacturer accounts, including warranty claims, rebates, interest protection, and co-op advertising are current and accurate.
• Review reconciliations of general ledger accounts, including bank accounts, reserve accounts, factory payables, and floor plan payables, and verifies accuracy of reconciliations with outside sources
• Manage DMS setups, software upgrades and projects with OEMs per DMS contract requirements. Update and review dealership required documentation with legal team in compliance with state and federal regulations
• Interpret financial statements and daily operating control (DOC) reports regularly and inform senior management of developing trends
• Participates in the preparation of short-term and long-term financial forecasts for the region through weekly management meetings
• Supervise the preparation of all information provided to external third parties (auditors / tax regulatory bodies etc.) to ensure accuracy of information provided and minimal exposure
• Coordinate and manage the implementation and upgrades of hardware and software vendors with corporate IT department. Track and renew vendor contracts, agreements and required dealership licenses for stores in your region
• Oversee the hiring, training and management of all regional accounting personnel.
• Continually strives to improve data integrity and information reporting to executive leadership

Qualifications & Job Requirements

• 10 or more years of experience as an automotive dealership controller responsible for multiple new car stores
• Advanced proficiency with dealer management systems DMS (CDK, Reynolds & Reynolds, DealerTrack, Tekion).
• Superior verbal and written communication skills.
• Demonstrated leadership skills, career growth and tenure in working history
• Advanced proficiency in the use of Microsoft Excel and Microsoft Word.
• Ability to communicate effectively to resolve problems with other dealership employees, suppliers, and external third parties.