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Financial Operations Manager
4 months ago
Job Description: Financial Operations Manager Base Salary $100,000 annually
Experienced Financial Operations Manager wanted to join our team at Bob Weaver Auto. This full-time position will be based out of our company's main office in Pottsville, Pennsylvania.
The Financial Operations Manager will oversee all the dealership's financial aspects, including financial management, accounting, data analysis, internal and external reporting, and supervision of all office and financial staff.
This position works closely with, and reports directly to the company's owner. Functioning similarly to a Chief Financial Officer (CFO) in a larger organization, but with a more hands-on approach suited to our smaller company environment, this position also collaborates closely with other senior management team members.
Responsibilities:
Financial Management
o Develop and implement financial strategies to achieve the dealership's financial goals.
o Monitor cash flow, budgeting, and forecasting to ensure financial stability and growth.
o Analyze financial performance and identify areas for improvement.
o Oversee financial transactions and ensure compliance with relevant regulations.
Accounting
o Manage all accounting functions, including accounts payable, accounts receivable, payroll, inventories, expense control, and general ledger.
o Prepare budgets, financial statements, balance sheets, and other financial reports.
o Ensure accuracy and completeness of financial records and resolve any discrepancies.
Data Analysis
o Utilize data analytics tools to analyze sales trends, inventory levels, and financial performance. o Identify opportunities to improve efficiency and profitability through data-driven insights.
o Present findings and recommendations to the owner for strategic decision-making.
Internal and External Reporting
o Prepare regular financial reports for internal stakeholders, including the owner and senior management.
o Coordinate with external auditors and tax professionals to ensure compliance with regulatory requirements.
o Communicate financial results and key performance indicators to stakeholders clearly and concisely.
Staff Supervision
o Lead and manage the office and financial staff, providing guidance and support as needed.
o Conducted performance evaluations and provided training to enhance the team's skills and capabilities.
o Foster a positive and collaborative work environment that promotes productivity and professional growth.
System Development
o Develop and implement systems and processes to streamline pricing and improve efficiency in financial operations.
o Leverage technology solutions to automate tasks and enhance productivity in the dealership.
o Stay informed about emerging technologies in the automotive industry and recommend innovative solutions to drive business growth.
Qualifications:
o Bachelor's degree in Finance, Accounting, Business Administration, or Equivalent Experience
o Proven experience in financial management, accounting, and data analysis, preferably in the automotive industry.
o Strong knowledge of financial principles, practices, and regulations.
o Excellent analytical and problem-solving skills with a keen attention to detail.
o Proficiency in financial software and data analytics tools.
o Leadership abilities with a track record of effectively managing teams.
o Strong work ethic and self-motivated and personal accountability, and resolve to get the job done with excellence.
o Excellent communication and interpersonal skills.
o Ability to work independently and collaboratively in a fast-paced environment.
Salary is based on 50+ hours per week and an understanding that auto dealerships are open 6 days per week, so some evenings and Saturdays will be required.
