Automotive Controller

Elgin Hyundai•Bartlett, IL

1d•Onsite

About The Position

Bob Loquercio Auto Group is seeking a Controller for their Corporate Office. This is a hands-on leadership role where the Controller will assist the Director of Accounting in managing accounting staff, overseeing and performing general accounting functions, and training for advancement. The position involves overseeing the financial aspects of several dealerships, monitoring internal compliance, adhering to budgets, assisting with internal audits, preparing fixed asset reports, and completing other accounting tasks.

Requirements

BA/BS in Accounting or Finance, followed by 5+ years of relevant experience, including an established record of success in supervisory/managerial positions; tax auditing & preparation.
Strong knowledge of internal controls and financial reporting in Automotive accounting
Excellent organizational, communication, and analytical skills with the ability to prioritize and handle multiple tasks simultaneously in a fast-paced environment
Dealertrack DMS experience required

Nice To Haves

CPA preferred

Responsibilities

Resolve unusual / exception items on all office functions: Accounts Payable – aged, unbalanced to statement, GAAP period, accruals; License & Title – out of state taxes, missing titles, lien releases; Vehicle Inventory – reconcile accounting units to inventory units, audit costs applied to aged vehicles, responsible for timing of payoffs and overseeing floor audits; Billing – ensure timely F&I cancellations, monitor CIT’s, audit postings, gross-books
Plan for staffing changes and schedules (promotions, growth, turnover, PTO)
Interpret and analyze financial statements and assist department managers to do the same while creating an action plan needed to improve their operation
Ensure the books are closed accurately each month by scheduling a month-close timeline
DMS Maintenance and Audit: Audit existing DMS’ for setups, security, mapping, etc.
Maintain Chart of Accounts: Add new accounts; Add account DOC, Financial Statements, etc.
Submit factory financial statements
Prepare year-end adjusting entries
Internal Audit: Sales Tax; Compliance; Account postings; OEM incentives, rebates, etc. (all factory programs)
Manage and safeguard the stores assets and ensure that internal controls are in place
Work with Executive Staff and GM’s to improve revenue or reduce expense to meet or exceed budget