Senior Accountant

Senior Accountant

The Senior Accountant supports Lithia’s captive lender Driveway Finance Corporation (DFC) and ensures that all transactions are accounted for in accordance with GAAP.. The Senior Accountant processes month-end close including the review of reconciliations and month-end balances and research of financial statement variances, along with supporting monthly reporting obligations to lenders and investors.

The Senior Accountant reports to the Senior Accounting Manager.

Location: Medford, OR (Hybrid)

Compensation Range: $63,000 - $85,000 annually

Responsibilities

Financial Accounting

• Perform and review recurring monthly accounting activities, including reconciliations, journal entries and administration of other corporate accounting duties for the DFC, ensuring that all transactions are recorded in accordance with GAAP.
• Analyze financial statement accounts and document results during the month-end close process.
• Research and understand other accounting issues and topics as necessary.

DFC Accounting

• Perform and review recurring monthly accounting activities, including reconciliations, journal entries and administration of the Company’s loan portfolio.
• Analyze balance sheet accounts and document results during the month-end close process.
• Calculate, analyze, and create recording entries for DFC loss reserve.
• Create and analyze reconciliations, reporting, and communication of monthly servicing reports for lender and Asset Backed Securities (ABS) investors
• Assist in preparation for ABS transactions including data testing, report creation, and creating relationships

Collaboration and Mentorship

• Proactively address accounting issues in coordination with stakeholders.
• Provide an example to other members of the DFC Accounting team, providing training and guidance as requested by your supervisors.
• Other Projects as assigned

Skills and Qualifications

• Strong attention to detail
• Excellent communication skills
• Sense of urgency
• Active listening
• Critical thinking
• Time management
• Must have a bachelor’s degree in Accounting, Finance or Economics or equivalent experience.
• Must exercise independent judgment and care in decision making process.
• Maintain a high level of integrity and independence.
• Attainment of or desire to attain CPA or other relevant professional certification.

Competencies

• Does the right thing, takes action and adapts to change
• Self-motivates, believes in accountability, focuses on results, makes plans and follows through
• Believes in humility, shares best practices, desires to keep learning, measures performance and adapts to improve results
• Thrives on a team, stays positive, lives our values

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 the job.*

• Up to 1/3 of time: standing, walking, lifting up to 25 pounds
• Up to 2/3 of time: sitting, kneeling, reaching, talking, hearing

*Reasonable accommodations may be made to enable individuals to perform the essential functions.

NOTE: This is not necessarily an exhaustive list of responsibilities, skills, or working conditions associated with the job. While this list is intended to be an accurate reflection of the current job, the company reserves the right to revise the functions and duties of the job or to require that additional or different tasks be performed.

We offer best in class industry benefits:

• Competitive pay
• Medical, Dental and Vision Plans
• Paid Holidays & PTO
• Short and Long-Term Disability
• Paid Life Insurance
• 401(k) Retirement Plan
• Employee Stock Purchase Plan
• Lithia Learning Center
• Vehicle Purchase Discounts
• Wellness Programs

High School graduate or equivalent, 18 years or older required. Acceptable driving record and a valid driver's license in your state of residence necessary for select roles. We are a drug free workplace. We are committed to equal employment opportunity (regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status). We also consider qualified applicants regardless of criminal histories, consistent with legal requirements.