CFO / Chief Financial Officer

Whiteface Ford•Hereford, TX

About The Position

Job Description Chief Financial Officer / CFO The CFO provides sales and expense analyses for all departments. Fairly represents the financial condition of the dealership and related companies, develops controls necessary for the proper conduct of the business, and maintains accurate records. This position interacts daily with Accounting Associates, Sales Associates, Service Managers, support staff and customers, just to name a few. The Whiteface Ford entities are on a rapid growth path and in need of a CFO looking for a long term future with a lot of growth opportunity. Job Responsibilities The CFO is a key position that reports to the Dealer Principal. The CFO supports the entire accounting function and financial reporting for our dealership and related entities. This position will work closely with management and other departments to help ensure harmonious and productive operations, which will help maximize the success of the dealerships. Successful Candidates must be able to maintain excellent business relations with customers, both internally and externally. Candidates will also be expected to help develop and motivate accounting associates to ensure that performance metrics are being met or exceeded. The CFO will be responsible for top financial reporting of $100m in annual sales comprised of revenue sources from vehicle sales, parts sales, service sales, body shop sales, truck accessory sales, and manufacturing.

Requirements

Master’s Degree in Public Accounting
Ten years of accounting experience, at least three in a Controller or CFO position
Excellent communication skills

Nice To Haves

Previous automotive/dealership experience is a plus

Responsibilities

Prepare complete financial statements and submit to the manufacture and management in accordance with established timeframes
Interpret and analyze financial statements
Keep the General Manager informed on the trends and cash needs of the business
Develop and maintain an effective cash management system
Manage the day to day accounting operations of the store to ensure that all transactions are recorded in compliance with dealership accounting processes and policies
Close the books accurately each month
Prepare and submit required statements and reports
Manage and safeguard the stores assets and ensure that internal controls are in place
Assist department managers in reading and interpreting their financial reports and in creating action plans needed to improve their operation
Respond to request for information and assistance in a timely manner
Work with General Manager to improve revenue or reduce expense in order to meet or exceed budget and grow the business
Work with staff to ensure that corporate initiatives are attained
Top Level HR management of 110 employees
Income Tax Planning
Direct management of 8 accounting staff