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Automotive Controller

BOWDITCH FORD
Newport, VA Full Time
POSTED ON 1/1/2025
AVAILABLE BEFORE 2/18/2025

Bowditch Ford is looking to grow the team! The Controller processes and generates financial data for all dealership departments, which together represent the accurate financial condition of the business. He or she provides accurate reporting to the dealer/general manager and is responsible for accounting office and administrative functions. During the course of business, he or she must maintain a very positive and “can-do” attitude. Automotive Industry experience is a MUST!!!

ESSENTIAL DUTIES

  • Prepares a complete financial statement monthly according to dealership guidelines and the manufacturer's format and time frame
  • Controls all posted documents, including time records, vehicle deals, commissions, and additions and changes to inventory
  • Prepares daily bank deposit and cash report
  • Maintains an effective cash management system. Forecasts cash needs
  • Provides a timely daily operating control (DOC) and keeps the dealer/general manager informed about trends
  • Reconciles select accounts monthly
  • Approves adjustments to inventory and receivable accounts
  • Ensures that all manufacturer accounts including warranty claims, rebates, interest, protection, and co-op advertising accounts are current and accurate
  • Prints monthly journals, schedules, and general ledger. Closes month by processing accounting month-end
  • Assists in completion of annual review/audit
  • Administers charge-back program for late charges to inventory
  • Prepares monthly floor plan report for use in commission calculations
  • Hires, trains, and supervises office personnel
  • Analyzes and organizes office operations and procedures
  • Prepares sales commissions/chargeback detail reports
  • Manages the payoff of vehicles floor plan and works with bank representatives
  • Reviews new charge accounts and oversees collection of past due accounts
  • Compiles information and prepares reports as requested by management and/or dealer principal
  • Maintains a professional appearance
  • Attends manager's meeting as requested
  • Other duties may be assigned

MARGINAL DUTIES

  • Controls petty cash amounts for dealership and sales department
  • Participates in the preparation of short and long-term forecasts
  • Ensures compliance with all government regulations
  • Stays abreast of current factory incentives and codes deliveries on dealership computer system accordingly
  • Cross-trains a qualified substitute
  • Keeps an updated file of all dealership job descriptions

SUPERVISORY RESPONSIBILITIES

  • Directly supervises 3 to 5 employees in the administrative department
  • Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws
  • Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

Job Type: Full-time

Pay: $85,000.00 - $125,000.00 per year

Benefits:

  • Dental insurance
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance

Experience:

  • GAAP: 1 year (Preferred)

Ability to Commute:

  • Newport News, VA 23601 (Preferred)

Ability to Relocate:

  • Newport News, VA 23601: Relocate before starting work (Preferred)

Work Location: In person

Salary : $85,000 - $125,000

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