Senior Automotive Financial Analyst

5 days ago

Warsaw, Indiana, United States Creative Financial Staffing Full time
About Our Client

Our client is a leading automotive dealership renowned for exceptional customer service and an extensive range of high-quality vehicles.

Job Description: Dealership Accountant

This key role is essential for maintaining the financial integrity of our dealership, ensuring accurate financial reporting, and compliance with regulatory requirements.

Key Responsibilities:
  • Financial Reporting & Analysis:
    • Prepare and analyze monthly, quarterly, and annual financial statements to ensure accuracy and compliance with Generally Accepted Accounting Principles (GAAP).
    • Monitor and report on financial performance, including key metrics such as gross profit, expenses, and net income.
  • General Ledger Maintenance:
    • Manage and maintain the general ledger, including posting journal entries, reconciling accounts, and ensuring all financial transactions are accurately recorded.
    • Perform monthly reconciliations for bank accounts, floor plan, inventory, and other balance sheet accounts.
  • Accounts Payable & Receivable:
    • Oversee the accounts payable and receivable processes, ensuring timely and accurate payment of invoices and collection of receivables.
    • Reconcile dealership statements and resolve discrepancies with vendors and customers.
  • Inventory Accounting:
    • Manage vehicle and parts inventory accounting, including tracking inventory levels, reconciling physical counts, and ensuring accurate costing and valuation.
    • Work closely with the sales and service departments to monitor inventory transactions and adjust for any discrepancies.
  • Compliance & Audit:
    • Ensure compliance with all dealership financial policies and procedures, as well as local, state, and federal regulations.
    • Support internal and external audits by preparing required documentation and responding to auditor inquiries.
  • Payroll & Commissions:
    • Assist in processing payroll, including calculating and verifying commissions for sales staff.
    • Ensure accurate and timely payment of wages, commissions, and bonuses in compliance with dealership policies.
  • Process Improvement:
    • Identify and implement process improvements to increase the efficiency and accuracy of financial operations.
    • Stay current with industry trends and regulatory changes, recommending updates to policies and procedures as needed.
    Qualifications:
    • Bachelor's degree in Accounting, Finance, or a related field.
    • 3+ years of accounting experience, preferably in an automotive dealership or similar industry.
    • Proficiency in dealership management software (e.g., Reynolds & Reynolds, CDK Global) and MS Office Suite, particularly Excel.
    • Strong understanding of GAAP and automotive accounting principles.
    • Strong communication skills, with the ability to work collaboratively with all dealership departments.

Estimated Salary: $65,000 - $85,000 per year, depending on qualifications and experience.

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