Job Description
We are seeking a financial controller for an Automotive Dealership. Prior experience in this industry/role is required.
Position Overview:
The Financial Controller will oversee the company’s accounting, reporting, and financial operations. This role is essential in ensuring financial accuracy, efficiency, and adherence to industry regulations, enabling sound decision-making and enhancing profitability. The Financial Controller reports to the HQ Manager and works closely with other departments to support cost reduction and sales enhancement initiatives.
Key Responsibilities:
Financial Reporting and Compliance:
Manage the preparation and analysis of monthly, quarterly, and annual financial statements. Ensure compliance with GAAP and company financial policies. Supervise audits and liaise with external auditors to ensure compliance and accuracy in financial reporting.
Budgeting and Forecasting:
Develop annual budgets and financial forecasts in collaboration with department heads. Monitor and analyze financial performance versus budget, providing insights to support strategic goals. Evaluate monthly variances and adjust forecasts as needed to meet budget goals.
Accounting Operations:
Oversee day-to-day accounting functions, including accounts payable, receivable, payroll, and general ledger management. Ensure timely and accurate monthly close processes. Implement internal controls to protect the company’s financial assets and maintain financial accuracy.
Cost Management:
Identify opportunities for cost reduction and operational efficiency improvements. Collaborate with operational leaders to enhance profitability through effective cost-management strategies. Lead initiatives to streamline financial processes, enhance reporting accuracy, and optimize resource allocation.
Cash Flow and Financial Analysis:
Monitor cash flow and manage working capital to meet operational needs. Conduct financial analyses and provide recommendations for financial strategies to senior management. Support strategic decision-making by providing insights on profitability, cost structures, and financial trends.
Team Leadership and Development:
Lead and mentor the accounting team, fostering a culture of integrity, accuracy, and continuous improvement. Provide training and guidance to support professional development and encourage a high-performance culture. Conduct performance evaluations and identify growth opportunities for team members.
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