CFO / Chief Financial Officer

Job DescriptionJob Description
Chief Financial Officer / CFO

The CFO provides sales and expense analyses for all departments. Fairly represents the financial condition of the dealership and related companies, develops controls necessary for the proper conduct of the business, and maintains accurate records. This position interacts daily with Accounting Associates, Sales Associates, Service Managers, support staff and customers, just to name a few. The Whiteface Ford entities are on a rapid growth path and in need of a CFO looking for a long term future with a lot of growth opportunity. 

Job Responsibilities

The CFO is a key position that reports to the Dealer Principal. The CFO supports the entire accounting function and financial reporting for our dealership and related entities. This position will work closely with management and other departments to help ensure harmonious and productive operations, which will help maximize the success of the dealerships. Successful Candidates must be able to maintain excellent business relations with customers, both internally and externally. Candidates will also be expected to help develop and motivate accounting associates to ensure that performance metrics are being met or exceeded. The CFO will be responsible for top financial reporting of $100m in annual sales comprised of revenue sources from vehicle sales, parts sales, service sales, body shop sales, truck accessory sales, and manufacturing. 

Other essential responsibilities:

• Prepare complete financial statements and submit to the manufacture and management in accordance with established timeframes


• Interpret and analyze financial statements


• Keep the General Manager informed on the trends and cash needs of the business


• Develop and maintain an effective cash management system


• Manage the day to day accounting operations of the store to ensure that all transactions are recorded in compliance with dealership accounting processes and policies


• Close the books accurately each month


• Prepare and submit required statements and reports


• Manage and safeguard the stores assets and ensure that internal controls are in place


• Assist department managers in reading and interpreting their financial reports and in creating action plans needed to improve their operation


• Respond to request for information and assistance in a timely manner


• Work with General Manager to improve revenue or reduce expense in order to meet or exceed budget and grow the business


• Work with staff to ensure that corporate initiatives are attained


• Top Level HR management of 110 employees


• Income Tax Planning

Direct management of 8 accounting staff

• Controller


• Assistant Controller


• 6 Staff Accountant

Requirements

• Master’s Degree in Public Accounting


• Ten years of accounting experience, at least three in a Controller or CFO position


• Previous automotive/dealership experience is a plus


• Excellent communication skills

Benefits

• Competitive Salary


• Matching 401K


• Health, Dental & Vision insurance package


• Up to five weeks of paid time off including holidays