Full-Time
Job Not Found
Schumacher Auto Group
No salary listed
West Palm Beach, FL, USA
In Person
Category
 Accounting (2) |
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Required Skills
Financial analysis
Risk Management
Excel/Numbers/Sheets
Requirements
- Bachelor’s degree in accounting or finance required.
- Master’s degree in business or accounting field is preferred.
- Certified Public Accountant (CPA) license required.
- 10+ years of experience in accounting and financial management within the automotive industry is required.
- Proven experience in conducting internal and/or external audits, preferably within a regulated industry.
- 2+ years’ experience leading an office team of 10+ employees to include billers, warranty admins, AP/AR clerks, etc.
- Strong ethical values and the ability to maintain objectivity and independence throughout the audit process.
- Familiarity with risk management principles and practices.
- Strong understanding of business processes and controls, including the ability to assess risks and design effective control solutions.
- Exceptional analytical skills with the ability to provide strategic financial insights.
- Strong leadership abilities with experience in team building and conflict resolution.
- Excellent communication skills, both written and verbal.
- Microsoft Excel Proficiency, including Vlookups, Sumifs, Pivot Tables.
- Ability to effectively manage multiple projects simultaneously in a fast-paced and dynamic environment.
Responsibilities
- Prepares accurate and timely financial statements, including income statements, balance sheets, and cash flow statements, adhering to GAAP standards.
- Analyzes financial data to identify trends and potential issues, providing insightful commentary to leadership.
- Establishes and manages financial controls for dealership operations that ensure the highest level of accountability, risk mitigation, and internal control and regulatory compliance.
- Conducts analytical reviews of monthly financial statements, highlighting deviations from budget and unusual variances in revenue and expenses.
- Conducts regular internal audits of dealership financial operations, including sales, service, parts, and F&I departments, to ensure compliance with company policies and industry regulations.
- Oversees a team of accounting managers, ensuring that all manufacturer accounts, including warranty claims, rebates, interest protection, and co-op advertising are current and accurate.
- Completes month-end and year-end close of income statement and balance sheets, reconciles accounts and oversees general ledger analysis.
- Reconciles balance sheet accounts and clears reconciling items every month.
- Submits all Financial Statements to the Manufacturers by the required date as per OEM guidelines.
- Provides department managers with detailed financial and management reports.
- Trains and supports department managers on audit readiness and the importance of compliance with internal financial protocols.
- Develops annual operating budgets for different departments within the company.
- Monitors actual performance against budget, identifying variances and taking corrective actions.
- Prepares forecasts for future periods based on market trends and company goals.
- Reviews all accounting schedules and aging of payables and receivables.
- Works closely with leadership to develop accurate financial forecasts.
- Manages dealership license renewals.
- Regularly reviews, manages, and updates internal controls to align with evolving business needs and regulations, ensuring the stores’ assets.
- Oversees calculations and approves the Month-End commissions for Managers, Sales, and Fixed Operations personnel.
- Supervises accounting manager, ensuring accurate and timely processing of transactions, including accounts payable, accounts receivable, payroll, and inventory.
- Monitors and manages the general ledger, ensuring proper classification and coding of transactions.
- Attracts, retains, and develops the accounting team via coaching, mentoring, career development, and performance management feedback.
- Directs assessment of depreciation rates to apply to capital assets.
- Reviews the reconciliation of general ledger accounts with outside sources to ensure proper bank reconciliation, reserve accounts, factory payable, and floor plan payable.
- Coordinates annual review and physical inventory.
- Coordinates with tax advisors to ensure accurate and timely filing of all federal, state, and local tax returns.
- Analyzes tax implications of business decisions and proposes strategies for tax optimization.
- Develops and performs detailed testing procedures to assess the adequacy and effectiveness of internal controls, ensuring compliance with relevant regulations and industry standards.
- Oversees preparation for external audits by coordinating with third-party auditors and ensuring timely and accurate delivery of financial documents and reports.
- Responsible for leading periodic inventory audits of vehicles, parts, and accessories to confirm alignment with accounting records and manufacturer reporting requirements.
- Conducts in-depth financial analysis to identify areas for cost reduction, revenue enhancement, and operational improvement.
- Provides management with actionable insights to support strategic decision-making.
- Supervises and mentors staff involved in payroll processing.
- Delegates tasks to ensure the complete payroll cycle, including time and attendance tracking, calculation of wages, deductions, and taxes.
- Reviews and approves payroll data before it is posted.
- Ensures adherence to all relevant accounting standards, regulations, and company policies.
- Monitors for potential compliance risks and address issues promptly.
- Stays abreast of tax code revisions and advises leadership of operational adjustments needed to accommodate revisions.
- Establishes controls to maintain accurate payroll records and documentation for audit purposes.
- Stays current on payroll regulations and legislative changes.
- Other duties or projects assigned by Management.
Desired Qualifications
- None listed.