Automotive Financial Specialist

6 hours ago

Fort Wayne, Indiana, United States Creative Financial Staffing Full time
About Us

Creative Financial Staffing is proud to partner with a leading automotive dealership, renowned for its exceptional customer service and extensive range of high-quality vehicles. We are seeking an experienced and detail-oriented Automotive Financial Specialist to join our finance team.

Key Responsibilities
  • Financial Reporting & Analysis
    • Prepare and analyze monthly, quarterly, and annual financial statements, ensuring accuracy and compliance with GAAP.
    • Monitor and report on financial performance, including key metrics such as gross profit, expenses, and net income.
    • Assist in the preparation of budgets and forecasts, providing actionable insights to management.
  • 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.
  • Excellent analytical and problem-solving skills with strong attention to detail.
  • Ability to work independently and manage multiple priorities in a fast-paced environment.
  • Strong communication skills, with the ability to work collaboratively with all dealership departments.
  • CPA or similar certification is a plus but not required.

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