The Assistant Controller builds and maintains productive working relationships both within and across all departments. This position works under the guidance of and assists the Corporate Controller in preparing and reporting financial statements conforming to principles of accounting. The role of the Assistant Controller is to ensure that the completed financial statements are within the guidelines of the manufacturer and organization. Adhering and ensuring compliance with all dealership policies insisting on sound business ethics. Conduct internal audits of the organizations’ general ledger account balances for accuracy.This individual develops essential business strategies within the organization and with other professions in the automotive industry.
This position reports directly to the Controller.
Duties and responsibilities include, but not limited to the following:
- Communicate effectively with all department managers at the dealership accounting policy and guidelines.
- Manage cash flow on a daily basis, including informing Controller of cash position.
- Directly involved in month end close review.
- Review bank reconciliations at month end.
- Daily accountability of all accounts receivable and accounts payable functions, including collection process.
- Daily accountability of accuracy and timely payment of vendors/suppliers.
- Daily accountability and timely settlement of Intercompany accounts.
- Review and determine the accuracy of long and short-term loans.
- Assist the Controller with insurance renewals and cost comparison analysis as needed.
- Directly involved with cost comparison analysis during before yearly benefit enrollment meetings.
- Review employee plans, payroll reports or accuracy and minimize overt-time.
- Assist the Controller with yearly forecast and budgets.
- Responsible for final review of the organization’s trial balance before month end closeout.
- Prepare monthly and year-end accounting audits.
- Maintains the role of risk manager for the organization.
Additional physical requirements, moving about Dealership, sitting six to eight hours per shift bending, stretching, lifting (30 lbs.), reaching, climbing. Using office equipment consistent with industry standards.