Chief Financial Officer

Req Number

ACC-24-00003

Open Date

12 / 17 / 2024

Position

Chief Financial Officer

Location

Key Hyundai of Milford

About the Organization

Key Cars is one of the fastest growing retail automotive dealer groups in Connecticut. Our mission statement is that we are solution providers and not product pushers and we believe everyone deserves to drive a nicer, newer car. You will be an integral part of ensuring our customers find solutions to their transportation needs. We work exceptionally at Key Cars, doing whatever the job is to the best of our ability. We all pledge to provide our customers exceptional service and exceptional solutions at every opportunity!

Description

Job Title : Chief Financial Officer

Summary

Directs the dealership's financial planning and accounting practices, as well as its relationship with lending institutions, shareholders and the financial community by performing the following duties personally or through subordinate managers.

Essential Duties

• Oversees and directs treasury, budgeting, audit, tax, accounting, purchasing, real estate and insurance activities for the dealership.
• Works closely with the dealer on long-range planning, cash management and funds allocation.
• Maintains relationships with financial institutions on matters of lines of credit and funds management.
• Analyzes, consolidates and directs all cost accounting procedures together with other statistical and routine reports.
• Directs and analyzes studies of general economic, business and financial conditions and their impact on the dealership's policies and operations.
• Directs the controller in providing and managing the procedures and systems necessary to maintain proper records and to afford adequate accounting controls and services.
• Oversees and directs the preparation and issuance of the dealership's annual report.
• Appraises the dealership's financial position and issues periodic financial and operating reports.
• Maintains close working relationships with accountants to ensure adherence to Generally Accepted Accounting Principles (GAAP) and maintenance of a dealership financial structure designed to minimize tax liabilities.
• Maintains close working relationship with legal counsel to ensure that all dealership financial activities are properly conducted, documented and reported.
• Assists the dealer and general manager with cash flow management by working with the controller to follow contracts-in-transit, accounts receivable and purchaser loan payoffs.
• Assists the general manager in preparing financial projections and budgets for each retail facility.
• Negotiates relationships with insurers to provide insurance coverage and other benefits.
• Represents the dealer as a personal agent within the dealership and at functions outside the dealership.
• Other tasks as assigned.

Supervisory Responsibilities

If applicable.]

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and / or Experience

Four to ten years related experience and / or training; or equivalent combination of education and experience.

Language Skills

Ability to read, analyze, and interpret common scientific and technical journals, financial reports and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies or members of the business community. Ability to write speeches and articles for publication that conform to prescribed style and format. Ability to effectively present information to top management, public groups and / or boards of directors.

Mathematical Skills

Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry. Ability to apply concepts such as fractions, percentages, ratios and proportions to practical situations.

Reasoning Ability

Ability to define problems, collect data, establish facts and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Job Title : Chief Financial Officer

Department : Reports To :

FLSA Status :

Prepared By :

Prepared Date :

Approved By :

Approved Date :

Revised Date :

EOE Statement

We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law.

Number of Openings

Full-Time / Part-Time

Full-Time

Exempt / Non-Exempt

Exempt

Category

Accounting / Finance

Tags

This position is currently accepting applications.