Accounting Associate

The Dealership Accountant is responsible for supporting the accurate and timely accounting and financial reporting of one or more automotive dealership locations. This position performs a variety of accounting functions including general ledger maintenance account reconciliations vehicle and inventory accounting cash management accounts payable and receivable and month-end closing activities.

The ideal candidate is detail-oriented organized and comfortable working in a fast-paced environment with a high volume of transactions. This position works closely with dealership management accounting leadership and other departments to maintain strong financial controls and ensure dealership transactions are recorded accurately and timely.

• Perform daily cash deposit and reviews cash clearing transactions.
• Perform daily and monthly general ledger accounting activities.
• Prepare and post journal entries and accounting adjustments.
• Reconcile balance sheet and general ledger accounts and investigate outstanding or unusual items.
• Reconcile credit card transactions and statements.
• Review dealership transactions for proper accounting treatment classification and supporting documentation.
• Research and resolve accounting discrepancies in a timely manner.
• Maintain accurate accounting records in accordance with company policies and established accounting practices.
• Assist accounting leadership with financial statement review and variance analysis.
• Review schedules for aged unusual or unsupported balances.
• Ensure assigned accounting schedules are accurate current and properly supported.

• Review vehicle sales transactions for completeness and accounting accuracy.
• Verify vehicle cost gross profit commissions incentives rebates and related accounting entries.
• Reconcile vehicle inventory schedules to the general ledger.
• Monitor contracts in transit vehicle receivables and other deal-related schedules.
• Research and resolve aged or unusual vehicle inventory items.
• Assist with dealer trades inventory transfers vehicle payoffs and related transactions.
• Work with sales and F&I personnel to resolve accounting or documentation issues associated with vehicle transactions.

• Reconcile manufacturer statements incentive receivables warranty receivables and related accounts.
• Assist with accounting for service parts and collision operations.
• Reconcile parts inventory work-in-process warranty internal repair orders and other fixed operations schedules as assigned.
• Work with department managers to research and resolve accounting discrepancies.

• Prior accounting or bookkeeping experience preferred.
• Automotive dealership accounting experience is strongly preferred but not required.
• Strong computer skills.
• Strong analytical and problem-solving abilities.
• Excellent attention to detail and organizational skills.
• Ability to manage multiple responsibilities and meet deadlines.
• Ability to communicate effectively with accounting personnel department managers and dealership leadership.
• Ability to research discrepancies independently and follow issues through to resolution.

Successful individuals in this position demonstrate:

• Accuracy:Produces reliable work and identifies discrepancies before they become larger problems.
• Accountability:Takes ownership of assigned accounts and follows issues through resolution.
• Organization:Effectively manages recurring responsibilities deadlines and a high volume of transactions.
• Analytical Ability:Understands how individual transactions affect the general ledger and financial statements.
• Communication:Works effectively with both accounting and operational personnel.
• Problem Solving:Investigates differences rather than simply carrying unresolved balances forward.
• Confidentiality:Handles sensitive financial customer and employee information appropriately.
• Teamwork:Supports dealership and accounting personnel while maintaining appropriate financial controls.
• Continuous Improvement:Looks for opportunities to improve accounting processes accuracy and efficiency.

The Dealership Accountant is expected to:

• Maintain accurate and fully reconciled accounting schedules.
• Complete assigned month-end responsibilities within established deadlines.
• Keep aged and unresolved accounting items to a minimum.
• Communicate accounting issues to management promptly.
• Maintain appropriate documentation supporting account balances and transactions.
• Develop a working understanding of dealership operations and how activity within each department impacts the financial statements.
• Provide responsive and professional support to dealership managers and other members of the accounting team.

Reports To: Regional Controller or other designated Accounting Leadership

The Dealership Accountant works closely with dealership General Managers department managers other accounting personnel and corporate accounting leadership.