Assistant Accounting Manager | Lexus of Wilmington

MileOne Autogroup•Wilmington, DE

1d•Onsite

About The Position

Lexus of Wilmington is seeking a detail-oriented and motivated Assistant Accounting Manager to join their team. This role provides fiduciary support in maintaining accounting records through data entry, bookkeeping, and other accounting functions related to general business operations. The position requires discretion and independent judgment in processing and generating financial data for all dealership departments to accurately reflect the business's financial condition. The Accounting Specialist is responsible for the accurate and timely completion of various accounting and administrative functions.

Requirements

Associate's degree or Bachelor's degree preferred in Accounting, or a minimum of 2+ years related experience, or equivalent combination of education and experience

Responsibilities

Prepares ad-hoc management reports and financial analysis
Prepares complete and accurate monthly financial statements in accordance with dealership guidelines and manufacturers’ format and time frame requirements
Reconciles general ledger accounts
Controls all posted documents, including time records, vehicle deals, commissions, and inventory additions/adjustments
Prepares daily cash position report
Prepares daily sales activity report
Maintains and reconciles petty cash accounts
Provides a timely daily operating control (DOC) and keeps the senior management informed about trends
Reconciles general ledger accounts
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
Ensures compliance with all government regulations
Stays abreast of current factory incentives and codes deliveries on dealership computer system accordingly
Reviews sales commission/chargeback detail reports
Manages the payoff of vehicle floor plan and works with bank representatives
Oversees collection of past due accounts
Compiles information and prepares ad-hoc reports as requested by senior management
Maintains a professional appearance
Ability to effectively present information in one-on-one and small group situations to customers, clients, and other employees of the organization
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations
Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public
Ability to calculate figures and apply mathematical concepts
Self-Starter with proven ability to seek out new ways to build opportunities for the dealership and customer satisfaction
High level of initiative and ability to work in a team
Basic MS Office knowledge; computer software, internet proficiency and general mathematic skills