Dealership Accountant II

Lithia & Driveway•Los Angeles, CA

2d•$60,500 - $126,500•Onsite

About The Position

Beverly Hills Porsche and Santa Monica Audi are powered by Lithia! Lithia & Driveway (LAD) is a Fortune 500 company and one of the largest automotive retailers in North America, with nearly 450 dealerships across the U.S., Canada, and the U.K. Our Dealership Accounting teams are essential partners in our success, ensuring accuracy, consistency, and compliance across all financial operations. With a strong focus on collaboration, growth, and continuous improvement, we offer the tools and support you need to build a rewarding accounting career in a fast-paced, dynamic environment. Join us and be part of a team where your impact truly drives the business forward.

Requirements

Dealership Accounting experience is required - this is a great opportunity for someone looking to grow into the Business Manager role
Accounting Knowledge, required: Understanding of chart of accounts, debits and credits; ability to reconcile statements and resolve variances.
Attention to Detail: Strong focus on accuracy and urgency in transactional processing.
Communication: Excellent written and verbal communication skills, including active listening.
Time Management: Ability to manage multiple tasks efficiently and meet deadlines.
Customer Service Orientation: Positive attitude and commitment to exemplary service.
Team Collaboration: Works well with others and contributes to team goals.
High School graduate or equivalent, 18 years or older required.

Responsibilities

Audits
Process car deals into Accounting system
Perform bank reconciliations daily and monthly
Post NSF checks, send to UTA if needed
Reconcile warranty statements to general ledger
Reconcile Pre-Delivery Inspection receivables
Reconcile Miscellaneous receivables AR and Cash in Bank schedules
Oversee cancellations
Post reserve statements and process chargebacks
File 8300 forms to the IRS
Post and reconcile holdback
Post and reconcile all incentive/rebate monies
Post all non-parts factory invoices on factory statements
Coordinate the factory trade reconciliation with AP
Loaners payoffs
Provide Stats for specific manufacturers
Add all notes in Intranet Schedules for month end
Responsible for overall schedules, specifically the following
Schedule 8 Internal AR - monitor intercompany receivables, reconcile monthly
Schedule 21 Rebate/Dealer$/Volume Based Incentives receivables, review weekly
Schedule 22 Factory receivables including flooring assistance, holdback and advertising receivables, review monthly
Schedule 23 Dealer Bonuses
Schedule 27 Miscellaneous AR, review monthly
Schedule 31 Finance Reserve receivables - monitor discounts financial institutions give us for using them as a lender, review monthly
Schedule 60 Internal AP - interco, review when received
Schedule 67 Accrued Other Liabilities - monitor for expenses over $1k, review monthly
Schedule 68 Auction Reserve & Market Adjustment - monitor vehicles purchased at the auction for below fair value, review monthly
Schedule 72 unclaimed properties
Additional responsibilities as requested