Controller (Automotive Dealership)

Description

Location: West Palm Beach

JOIN OUR Schumacher Family

Schumacher 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 Insurance
• Free Basic Life Insurance
• Supplemental 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 match
• Paid Time Off to include vacation time, sick time, major holidays, bereavement leave
• Family Fund, a company contribution to support employees with medical hardships
• Degrees 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 parts
• Training, 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 reports the financial condition of the total dealership to the Dealer Principal and COO 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 RESPONSIBILITIES

• Prepares 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.
• Reviews the financial statement and the daily operating control (DOC) regularly and informs executives of developing trends.
• Participates in the preparation of short and long-term financial forecasts for the dealership.
• Reviews schedules monthly to ensure accurate reporting of financial status to executives and the Manufacturers.
• Works with accounting staff to ensure templates are accurate and makes any necessary changes.
• Calculates Month-End commissions for Managers, Sales and Fixed Operations personnel.
• Submits all Financial Statements to the Manufacturers by the required date as per OEM guidelines.
• Month-End Closing: Coordinate and execute the month-end closing process for multiple companies, ensuring timely and accurate financial reporting.
• Internal Controls: Implement and maintain strong internal controls to safeguard company assets and ensure the integrity of financial data.
• 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 aged items. 
• Reviews the reconciliation of general ledger accounts with outside sources to ensure proper bank reconciliation, reserve accounts, factory payable and floor plan payable.
• Coordinates annual 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 C