Controller Job at Mauro Motors Inc, North Haven, CT

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  • Mauro Motors Inc
  • North Haven, CT

Job Description

Mauro Motors is seeking a highly skilled and detail-oriented Controller to oversee our financial operations of one of our dealerships in North Haven, CT. Mauro Motors is a family owned and operated, 5 location auto group, operating luxury new car dealerships and a collision center in New Haven and Fairfield County, Connecticut. In business for over 3 decades, Mauro Motors has established an outstanding reputation not only as a dealer, but also as an employer. A stable and consistent leadership team from the Dealer down to management, grow from within philosophy, winning mindset, industry leading compensation and team mentality work environment are all factors that lead many employees to grow there career at Mauro Motors. Summary: The ideal candidate will play a crucial role in managing the accounting department, developing financial strategies, and ensuring compliance with regulatory requirements. They will report directly to the owner. This position requires strong analytical skills, a thorough understanding of accounting principles, and the ability to effectively lead a team. The Controller will be responsible for overseeing accounting and asset management, as well as ensuring tax compliance. They will also be responsible for accurately reporting the financial condition of the entire dealership to the dealer on a regular basis. The Controller will provide sales and expense analyses that summarize potential problem areas and opportunities for improved profitability relative to monthly and annual forecasts. Responsibilities:

  • Oversight of the accounting office personnel along with all aspects of the general ledger and financial statement
  • 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.
  • 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.
  • 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.
  • 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.
  • Partners with General Manager to manager the financial results of the dealership.
  • Proactively manage and safeguard company assets
  • Actively manage expense structure and vendors
  • Strong willingness to adhere to established policies and procedures
  • Prepare the daily, weekly and monthly reports required by the management team
  • Work with the management staff of the dealership to review dealership data and prepare reports as necessary
  • Attends managers meetings regularly.
Qualifications The controller candidate must have previous automotive business office experience.
  • Minimum of 5-years Dealership Controller required
  • Excellent communication and organization skills
  • Self-motivated, goal-oriented and enthusiastic presence in a team environment with the ability to lead and influence others
  • Ability to be analytical, problem solve, and multi-task
  • Experience building strong teams
  • Consistent and stable work history
  • Professional appearance and work ethic

Job Tags

Full time, Temporary work,

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