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Classic Toyota of Hampton

Automotive Controller

Classic Toyota of Hampton, Norfolk, Virginia, United States, 23500


Job Title:

Controller

Reports to:

Chief Financial Officer (CFO)

Position Overview:

As our business expands, we are seeking a driven Controller to oversee and ensure the precision of our financial statements. The Controller will be instrumental in implementing robust compliance measures and managing essential controls to support our financial objectives. This role is pivotal in handling cash, factory receivables, reserves, Finance Product remittances, and overseeing product cancellations.

Primary Responsibilities:Supervise daily bank deposits, encompassing ACH and wire transfers, ensuring meticulous record-keepingPerform daily reconciliation of all bank accounts to uphold financial accuracyTimely revision and posting of monthly standard entries by the 15th of each monthMaintain fixed asset schedules in alignment with corresponding general ledger accountsCollaborate closely with office staff to ensure consistent and timely completion of assignmentsPrepare requested reports for management and department headsTimely preparation of various tax reports (e.g., sales tax, tire disposal tax, lease tax, tangible personal property taxes)Ensure accurate completion of end-of-month procedures and financial statement reporting in line with franchisor and management company requirementsRegularly review and maintain accounting schedules on a monthly basisComplete monthly account reconciliations (e.g., floor plan, bank, finance reserves, manufacturer's statements, accounts payable)Ensure timely reporting and payment of finance product sales documents each month (e.g., warranty, GAP policies)Ensure accounts payable checks are dispatched by the 15th of every monthProvide recommendations for enhancing office operational efficiencyConduct weekly meetings with company managers to review expenses, outstanding contracts, vehicle and accounts receivables, among other areasAssist CFO and dealership managers in budget preparationReconcile and submit Monthly Parts accounts to the CFOCoordinate and facilitate Monthly Physical inventories for the CFO and Variable Operations DirectorEnsure accurate and timely processing of title workDaily management of vehicle inventory upon receiptDaily processing and accounting posting for vehicle sales, service, parts, and body shop salesReview outstanding repair orders (WIP) and parts tickets for timely closureConduct monthly physical inventory of vehicles by sales managers, reconciling with the general ledgerTimely dispatch of monthly accounts receivable statements (including inter-company) and efficient collection of outstanding accountsReconciliation of Work in Progress (WIP)Qualifications:

Minimum 2 years of experience as a controller or 4 years of office manager in automotive dealerships.Preferably experienced with CDK DMS system, including Payroll Plus and PayComBenefits:

Health, Dental, 401K, and supplemental Insurance

We're thrilled to welcome Controller to our expanding team. If you possess the requisite qualifications and are enthusiastic about contributing to our growth, we eagerly await your application.