Automotive Dealer Group Chief Financial Officer (CFO) MI/Canada

Rafih Auto Group•Rochester Hills, MI

About The Position

The Chief Financial Officer (CFO) is responsible for leading the financial strategy, structure, and performance of a multi-franchise automotive dealer group. The CFO will oversee all financial operations including accounting, treasury, compliance, risk management, lender relationships, manufacturer reporting, and strategic growth initiatives. This executive will serve as a key partner to the CEO/Dealer Principal, driving profitability, optimizing capital structure, and ensuring financial discipline across all rooftops.

Requirements

CPA, CFA, or equivalent preferred
10+ years of senior financial leadership experience
Automotive dealership or automotive group experience strongly preferred
Deep knowledge of: Floorplan financing OEM financial reporting Dealer management systems (CDK, Reynolds & Reynolds, Dealertrack, etc.) Multi-entity financial consolidation
Proven experience managing multi-million dollar inventory and complex capital structures
Strong banking and lender negotiation experience
Strategic thinker with operational discipline
Strong cash flow management skills
High integrity and accountability
Data-driven decision maker
Experience leading multi-location teams

Responsibilities

Develop and execute the group’s financial strategy aligned with growth objectives
Provide strategic financial analysis to support acquisitions, new rooftops, and expansion
Lead budgeting, forecasting, and long-term financial planning
Drive EBITDA growth and improve return on invested capital (ROIC)
Oversee floorplan financing, inventory aging, and manufacturer incentive reconciliation
Manage factory financial statement submissions and compliance
Monitor deal structure profitability (front-end, back-end, F&I)
Analyze departmental performance (Sales, F&I, Fixed Ops, Parts)
Optimize working capital and liquidity across multiple dealerships
Manage banking relationships, lines of credit, and lender negotiations
Structure real estate financing and sale-leaseback opportunities
Oversee treasury operations and capital deployment strategy
Lead consolidated financial reporting for all entities
Ensure GAAP compliance and internal controls
Supervise controller(s) and accounting teams at each rooftop
Oversee audits, tax strategy, and regulatory compliance
Implement internal controls to mitigate fraud and operational risk
Manage insurance programs (garage liability, property, cyber, etc.)
Monitor covenant compliance and debt ratios
Lead financial due diligence for acquisitions
Structure buy/sell transactions
Integrate new dealerships into group reporting systems