Corporate Financial Controller - Automotive

Position Title:Controller -Must Have Automotive Industry ExperienceLocation: West Palm BeachJOIN OUR Schumacher FamilySchumacher Auto Group of the Palm Beaches opened its doors in 1971 starting with Schumacher Buick. It has achieved its growth by building a strong commitment to its customers and the community. We have an obligation to deliver the very best experience to our customers. With a strong focus on customer service, we have grown to be one of the top brands in South Florida. Schumacher carries a wide variety of vehicles, including Lincoln, Volkswagen, Infiniti, Volvo, Subaru, Chrysler, Dodge, Jeep, and Ram to name a few. Through this growth, we've never lost track of what made us successful for over 50 years: a strong focus on putting our customers and community first in everything we do.We are looking for dedicated, motivated, and top talent. Our philosophy is to always promote from within and advance and reward hard-working individuals. We offer the best compensation in the industry here in South Florida, and excellent benefit packages for our employees. Why Choose Us? Here's just a few to mention.......Brand Icon Company in business for over "52 years."Comprehensive Health Benefits Program to include - Low rates for high and low deductible medical plans with United Health Care a nationwide carrier; Met Life Dental Insurance; Met Life Vision InsuranceFree Basic Life InsuranceSupplemental Insurance (STD/LTD, Life Insurance, Legal Consultative Services, Health Savings Account)Employee Assistance Program (Consulting Services, Work/Life Balance Support)401K Savings and Retirement plan with company matchPaid Time Off to include vacation time, sick time, major holidays, bereavement leaveFamily Fund, a company contribution to support employees with medical hardshipsDegrees at Work Program; earn your Bachelor's or Master's degree along with books for FREE at our Delray location Discounts to our employees on vehicles, service, and partsTraining, resources and opportunities for career growth and advancement, tailored to individual performance, experience and interests.If you are looking to make a difference and want to join a family company that appreciates and cares for its employees by rewarding hard work and commitment, Schumacher is the place. Position Description:The Controller - (Automotive Industry Experience Only) reports the financial condition of the total dealership to the dealer/general manager regularly and accurately. Provides sales and expense analyses summarizing potential problem areas and opportunities for improved profitability relative to monthly and annual forecasts.ESSENTIAL JOB RESPONSIBILITIESPrepares a complete financial statement monthly according to dealership guidelines and within each manufacturer's format and time frame. Ensures that all manufacturer accounts, including warranty claims, rebates, interest protection and co-op advertising are current and accurate.Interprets the financial statement and the daily operating control (DOC) regularly and informs dealer of developing trends.Participates in the preparation of short- and long-term financial forecasts for the dealership.Provides department managers with detailed financial and management reports.Maintains an effective cash management system that forecasts cash funds and makes recommendations for the profitable use of excess cash.Directs assessment of depreciation rates to apply to capital assets.Reviews the general ledger and scheduled accounts. Notes any unusual entries and investigates.Reviews the reconciliation of general ledger accounts with outside sources to ensure proper bank reconciliation, reserve accounts, factory payable and floor plan payable.Stays abreast of tax code revisions and advises dealer regarding any operational adjustments needed to accommodate revisions.Ensures compliance with all applicable government finance regulations, including filing and/or maintaining of required forms, payroll taxes and deposits, income taxes, retirement plan records etc.Manages the dealership computer system to maximize utilization.Administers a loss review program and maintains loss reserves for contingent liabilities and trade receivables.Meets with dealer to evaluate all insurance renewals.Purchases property and liability insurance.Prepares and processes all insurance claims.Coordinates annual audit (or review) and physical inventory.Ensures that all office personnel are using proper accounting procedures and maintaining accurate records and analyses and supervises the preparation of all information for the CPA in order to minimize audit or review costs.Continually strives to improve data integrity and information reporting throughout the dealership.Other duties or projects as assigned by Management.WHO ARE WE LOOKING FOR?Strong knowledge of accounting principles, financial analysis, and reporting is crucial. This includes managing financial statements, conducting variance analysis, and interpreting financial data to guide strategic decisions.Familiarity with the automotive industry, including understanding dealership operations, sales processes, and vehicle inventory management, will be beneficial in the role.Must have the ability to create, manage, and track budgets and financial forecasts for the dealership. This involves working closely with management to set financial targets and monitor performance against these goals.An understanding of tax laws and regulations specific to the automotive industry is essential to ensure the dealership remains compliant with all financial reporting requirements.Able to manage and track the dealership's vehicle inventory effectively is important, as it directly impacts the financial health of the business.Proficiency with accounting software, financial management tools, and other relevant software is crucial for streamlining financial processes and generating accurate reports.Strong communication and leadership skills are essential to collaborate effectively and provide financial insights to support decision-making.Must be adept at analyzing situations, identifying issues, and proposing solutions to improve financial performance.A meticulous approach is vital in financial management to ensure accuracy in financial reporting, prevent errors, and maintain compliance.Must be able to analyze financial data, identify trends, and provide actionable insights to improve dealership performance.Able to work effectively with other team members and departments to achieve financial objectives is essential for success in this role.A valid driver's license. All applicants must pass pre-employment testing to qualify for employment. Pre-Employment testing includes a successful background check and drug testing.Schedule:8-hour shiftDay ShiftEducation/Requirements:Bachelor's degree (B.A.) from four-year college or university; or one to two years related experience and/or training; or equivalent combination of education and experience.Two to four years related experience and/or training; or equivalent combination of education and experienceFour to ten years related experience and/or training; or equivalent combination of education and experience.Experienced in multiple store environment, preferably over 7. Schumacher Auto provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

Created: 2025-02-08