Controller - Salt Lake City

Element Partners•Salt Lake City, UT

15h

About The Position

The Controller reports the dealership’s financial condition to the dealer or general manager regularly and accurately. The role provides sales and expense analyses that identify potential problem areas and opportunities to improve profitability relative to monthly and annual forecasts. The Controller prepares monthly financial statements according to dealership guidelines and manufacturer formats and deadlines; ensures manufacturer accounts are current and accurate; interprets financial statements and daily operating controls; and supports short- and long-term financial forecasting. The role provides department managers with financial and management reports, manages cash forecasting, and oversees depreciation assessments, general ledger reviews, account reconciliations, tax compliance, insurance, audits, inventory, dealership accounting procedures, and information reporting. The Controller also manages the dealership computer system, attends managers’ meetings, maintains a professional appearance, and performs other assigned tasks. A bachelor’s degree from a four-year college or university, one to two years of related experience or training, or an equivalent combination is listed. The posting also lists two to four years and four to ten years of related experience or training, or equivalent combinations. The qualifications describe communication, mathematical, and reasoning abilities across a range of complexity. Reasonable accommodations may be made for individuals with disabilities to perform the essential functions. Physical demands and work-environment characteristics are referenced, but no specific demands or conditions are provided.

Requirements

Bachelor’s degree from a four-year college or university; or one to two years of related experience and/or training; or an equivalent combination of education and experience.
The posting also lists two to four years of related experience and/or training, or an equivalent combination of education and experience.
The posting also lists four to ten years of related experience and/or training, or an equivalent combination of education and experience.
Ability to read and comprehend instructions, correspondence, memos, safety rules, operating and maintenance instructions, procedure manuals, business periodicals, professional journals, technical procedures, governmental regulations, financial reports, and legal documents.
Ability to write correspondence, routine reports, business correspondence, procedure manuals, and speeches or articles conforming to a prescribed style and format.
Ability to present information effectively to individuals and groups, including customers, employees, managers, top management, public groups, and boards of directors, and to respond to questions or common inquiries and complaints.
Ability to perform arithmetic and calculations involving rates, ratios, percentages, discounts, interest, commissions, proportions, area, circumference, and volume; interpret bar graphs; and apply algebra, geometry, probability, statistical inference, and trigonometry concepts.
Ability to apply common-sense understanding to written, oral, diagrammatic, or schedule-based instructions and solve problems involving concrete variables, limited standardization, and technical instructions.
Ability to define problems, collect data, establish facts, and draw valid conclusions.
Ability to perform each essential duty satisfactorily; reasonable accommodations may be made for individuals with disabilities to perform essential functions.

Responsibilities

Report the dealership’s financial condition to the dealer or general manager regularly and accurately.
Provide sales and expense analyses identifying potential problem areas and opportunities to improve profitability relative to forecasts.
Prepare complete monthly financial statements according to dealership guidelines and manufacturer formats and deadlines.
Ensure manufacturer accounts, including warranty claims, rebates, interest protection, and co-op advertising, are current and accurate.
Interpret financial statements and the daily operating control regularly and inform the dealer of developing trends.
Participate in preparing short- and long-term financial forecasts for the dealership.
Provide department managers with detailed financial and management reports.
Maintain a cash management system that forecasts cash funds and recommends profitable uses of excess cash.
Direct the assessment of depreciation rates for capital assets.
Review the general ledger and scheduled accounts, identify unusual entries, and investigate them.
Review reconciliations of general ledger accounts with outside sources, including bank reconciliation, reserve accounts, factory payable, and floor plan payable.
Stay informed about tax code revisions and advise the dealer about operational adjustments needed to accommodate them.
Ensure compliance with applicable government finance regulations, including required forms and records, payroll taxes and deposits, income taxes, and retirement plan records.
Manage the dealership computer system to maximize utilization.
Administer a loss review program and maintain loss reserves for contingent liabilities and trade receivables.
Meet with the dealer to evaluate insurance renewals; purchase property and liability insurance; and prepare and process insurance claims.
Coordinate the annual audit or review and physical inventory.
Ensure office personnel use proper accounting procedures and maintain accurate records and analyses; supervise preparation of information for the CPA to minimize audit or review costs.
Continually improve data integrity and information reporting throughout the dealership.
Attend managers’ meetings and maintain a professional appearance.
Perform other tasks as assigned.