Automotive Controller: Financial Strategy & Forecasting

Element Partners, LLC; Tomball (TX); On-site; USD 90,000 - 130,000; Full time

Job summary

Element Partners, LLC seeks an Automotive Controller to manage financial operations for the dealership group. You will generate monthly statements, forecasts, and detailed reports for department managers, ensuring accuracy and regulatory compliance.

You will oversee cash management, audits, and inventory valuation, while driving data integrity and profitability. The role requires a Bachelor's degree and several years of related experience; you will interact with dealers and CPA teams to optimize

Qualifications

• Bachelor's degree in a related field or equivalent combination of education and experience.
• Two to four years related experience and/or training; or equivalent combination of education and experience.
• Four to ten years related experience and/or training; or equivalent combination of education and experience.

Responsibilities

• Reports the financial condition of the total dealership to the dealer/general manager regularly and accurately.
• Prepares a complete financial statement monthly according to dealership guidelines.
• 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.
• Maintains professional appearance.
• Other tasks as assigned.

Education

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 experience

Four to ten years related experience and/or training; or equivalent combination of education and experience.

Job description

Element Partners, LLC seeks an Automotive Controller to manage financial operations for the dealership group. You will generate monthly statements, forecasts, and detailed reports for department managers, ensuring accuracy and regulatory compliance.

You will oversee cash management, audits, and inventory valuation, while driving data integrity and profitability. The role requires a Bachelor's degree and several years of related experience; you will interact with dealers and CPA teams to optimize