Business Manager II

Lithia & Driveway•Los Angeles, CA

1d•Onsite

About The Position

Business Manager II is a mid-level Business Manager that provides financial thought partnership to Dealership – strategic business partner to General and Department Managers. This role oversees dealership specialists, and cashier personnel located in the dealerships, and also oversees dealership accountants in the single point structure. The Business Manager II acts as a liaison with Dealership Accounting and Shared Service leadership. Exceptional performers in this role would be positioned for an Area Controller or BM III role depending on business need and the individual’s accounting or business acumen. At Lithia & Driveway, the company stands by its mission of Growth Powered by People, building a workplace that ignites ideas and opportunities to Earn Customers for Life. The focus is on making the customer experience better, aiming to meet customers’ needs whether in person, online or a combination of both. Lithia & Driveway is the largest automotive retailer in North America and listed on the Fortune 500 (NYSE: LAD), offering career possibilities in Sales, Finance, Service, Technology and Corporate across thousands of vehicles and hundreds of locations.

Requirements

Strong attention to detail
Sense of urgency
Excellent communication
Ability to quickly review, research and if necessary, resolve variances
Ability to offer solutions or recommendations based on analysis and interpretation of financial results
Partner with Dealership leadership to drive financial results
Experience driving business results through financial interpretation (required)
High School graduate or equivalent, 18 years or older required

Nice To Haves

Bachelor’s Degree in Accounting, Finance, or 5 years commensurate experience (preferred)
Experience leading teams (preferred)
Auto Industry Experience (preferred)

Responsibilities

A financial thought partner to the dealership; develop and maintain positive relationships with store leadership (GM, Sales & Operations) and Manufacturer Representatives
Ensure dealership is operating within financial guardrails
Communicates risks and opportunity with operational leaders
Ensures financial processes are in place to support new or evolving business initiatives
Understand manufacturers Excellence Objectives and work with GM to ensure achievement
Maximize benefits from manufacturer incentive programs; understand program rules and payment structures, work with GMs to achieve results and work to ensure that the Shared Services team is up to date on program rules
Ensures compliance with internal controls
Responsible for accurate store financials
Ensures regular reviews of operational income statements, GL activity, supporting schedules and balance sheet accounts
Conduct quarterly physical Inventory: vehicles, parts, supplies