What are the responsibilities and job description for the Financial Controller position at HHM Talent?
HHM Talent is assisting a client search for a Controller for their automotive group based in Columbia, SC.
Must have Dealership Controller experience.
Responsibilities:
- Supervise daily bank deposits, encompassing ACH and wire transfers, ensuring meticulous record-keeping
- Perform daily reconciliation of all bank accounts to uphold financial accuracy
- Timely revision and posting of monthly standard entries by the 15th of each month
- Maintain fixed asset schedules in alignment with corresponding general ledger accounts
- Collaborate closely with office staff to ensure consistent and timely completion of assignments
- Prepare requested reports for management and department heads
- Timely preparation of various tax reports (e.g., sales tax, tire disposal tax, lease tax, tangible personal property taxes)
- Ensure accurate completion of end-of-month procedures and financial statement reporting in line with franchisor and management company requirements
- Regularly review and maintain accounting schedules on a monthly basis
- Complete monthly account reconciliations (e.g., floor plan, bank, finance reserves, manufacturer's statements, accounts payable)
- Ensure timely reporting and payment of finance product sales documents each month (e.g., warranty, GAP policies)
- Ensure accounts payable checks are dispatched by the 15th of every month
- Provide recommendations for enhancing office operational efficiency
- Conduct weekly meetings with company managers to review expenses, outstanding contracts, vehicle and accounts receivables, among other areas
- Assist CFO and dealership managers in budget preparation
- Reconcile and submit Monthly Parts accounts to the CFO
- Coordinate and facilitate Monthly Physical inventories for the CFO and Variable Operations Director
- Ensure accurate and timely processing of title work
- Daily management of vehicle inventory upon receipt
- Daily processing and accounting posting for vehicle sales, service, parts, and body shop sales
- Review outstanding repair orders (WIP) and parts tickets for timely closure
- Conduct monthly physical inventory of vehicles by sales managers, reconciling with the general ledger
- Timely dispatch of monthly accounts receivable statements (including inter-company) and efficient collection of outstanding accounts
- Reconciliation of Work in Progress (WIP)
Qualifications:
- Minimum 2 years of experience as a controller or 4 years of office manager in automotive dealerships.
- Preferably experienced with CDK DMS system, including Payroll Plus
Benefits:
- Health, Dental, 401K, and supplemental Insurance
