1. Financial Reporting and Analysis

• Prepare and analyze monthly, quarterly, and annual financial statements.
• Review dealership accounts, ledgers, and financial records to ensure accuracy and compliance with accounting standards.
• Generate and present financial reports to management, highlighting key metrics, trends, and variances.

2. Budgeting and Forecasting

• Develop and monitor budgets for the dealership’s various departments, including sales, service, and parts.
• Prepare financial forecasts to support management in decision-making and strategic planning.

3. General Ledger and Reconciliations

• Maintain the general ledger, ensuring all transactions are properly recorded and classified.
• Perform monthly reconciliations of bank accounts, manufacturer statements, and other financial accounts.

4. Accounts Payable and Receivable

• Oversee processing of accounts payable and accounts receivable, ensuring timely payments and collections.
• Monitor outstanding balances and follow up on overdue accounts.

5. Inventory Accounting

• Track and reconcile vehicle inventory, including costs associated with purchases, sales, and adjustments.
• Ensure proper recording of parts inventory and reconcile any discrepancies.

6. Compliance and Audits

• Ensure compliance with local regulations, tax laws, and internal policies.
• Prepare for and coordinate external audits, providing necessary documentation and reports.

7. Payroll and Employee Benefits

• Supervise payroll processing and ensure compliance with labor laws and tax requirements.
• Assist with accounting for employee benefits and expenses.

8. Tax Preparation and Filing

• Prepare and file taxes, including VAT/GST, sales tax, and income tax returns.
• Work with external auditors or consultants to ensure proper tax planning and compliance.

9. Process Improvement and Internal Controls

• Identify areas for financial process improvement and implement changes to increase efficiency.
• Develop and enforce internal controls to safeguard dealership assets and minimize risk.

10. Support to Management

• Collaborate with department managers to understand financial needs and provide insights for better decision-making.
• Assist in financial planning for major projects, such as facility upgrades or fleet expansion.