Penske Automotive Assistant Controller - Mercedes Benz of Tysons Corner in Vienna, Virginia


The Assistant Controller reports the financial condition of the total dealership to the CFO/Controller/General Manager regularly and accurately. Provides sales and expense analyses summarizing potential problem areas and opportunities for improved profitability relative to monthly and annual forecasts. Administers a loss review program and maintains loss reserves for contingent liabilities and trade receivables. Manages the insurance and audit programs for the dealership.

Essential Functions

  • 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 the Controller/CFO/General Manager of developing trends

  • Prepares budgets by establishing schedules; collecting, analyzing, and consolidating financial data; recommending plans

  • Participates in the preparation of short- and long-term financial forecasts for the dealership

  • 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

  • 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 general management regarding any operational adjustments needed to accommodate revisions

  • Ensures compliance with all applicable government finance regulations, including but not limited to filing and/or maintaining of required forms, payroll taxes and deposits, income taxes, retirement plan records,

  • Administers a loss review program and maintains loss reserves for liabilities and trade receivables

  • 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 corporate accounting staff to minimize audit or review costs

  • Continually strives to improve data integrity and information reporting throughout the dealership. Manages the dealership computer system to maximize utilization

  • Stays abreast of current factory incentives and codes deliveries on dealership computer system

  • Determines management and quality requirements by asking questions and listening

  • Compiles information and prepares reports as requested by management

  • Cross-trains as a qualified substitute for Accounting Manager and Controller positions

  • Maintains a follow-up system that encourages follow through with assigned projects

  • Establishes personal performance goals that are consistent with company standards of productivity and devise a strategy to meet those goals

  • Understands the terminology of the business and keep abreast of technology changes

  • Knows and understands the federal, state and local requirements that govern the company's business

  • Follows all attendance and punctuality standards with adherences to timekeeping standards

  • Follows the Code of Business Ethics and Conduct

  • Understands and follows all work rules and procedures and follows directions from Supervisors

  • Upholds the company's non-disclosure and confidentiality policies and agreements

  • Maintains a professional appearance in accordance with company policy

  • Maintains the professional appearance of assigned work area for self and subordinates

  • Attends pertinent training

  • Attends company meetings as required

  • Other duties as assigned

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

EEO Statement

The Company is committed to hiring a diverse and qualified workforce. We will not consider any characteristic or category protected by state or federal law in hiring or employment decisions, including but not limited to race, national origin, color, religion, sex, sexual orientation, gender identity, disability, age, status as a parent, or genetic information.

Req Number: 7913

Type: Full-time

Dealership: Mercedes-Benz of Tysons Corner

Location Address: 8545 Leesburg Pike