Automotive Controller

Mercedes Benz of Hampton•Hampton, VA

1d•Onsite

About The Position

The Mills Automotive Group, operating in 7 states, is seeking a driven Controller to oversee and ensure the precision of financial statements. This role is instrumental in implementing robust compliance measures and managing essential controls to support financial objectives. The Controller will handle cash, factory receivables, reserves, Finance Product remittances, and oversee product cancellations. The role includes oversight of two Automotive Dealerships.

Requirements

Minimum 3 years of experience as a controller or 4 years of office manager in automotive dealerships.

Nice To Haves

Preferably experienced with CDK DMS system, including PayCom

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)