1. Financial Reporting and AnalysisPrepare 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 ForecastingDevelop 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 ReconciliationsMaintain 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 ReceivableOversee processing of accounts payable and accounts receivable, ensuring timely payments and collections.Monitor outstanding balances and follow up on overdue accounts.5. Inventory AccountingTrack 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 AuditsEnsure compliance with local regulations, tax laws, and internal policies.Prepare for and coordinate external audits, providing necessary documentation and reports.7. Payroll and Employee BenefitsSupervise payroll processing and ensure compliance with labor laws and tax requirements.Assist with accounting for employee benefits and expenses.8. Tax Preparation and FilingPrepare 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 ControlsIdentify 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 ManagementCollaborate 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.