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Chief Financial Officer (Dealership experience)

CFO - Auto Dealership experience requiredThe ideal candidate will be responsible for financial strategy, financial planning and analysis, financial reports, company audits, compliance, and bank relationships. They will collaborate with the CEO and the executive team to make decisions regarding the company's financial strategy and operations. The candidate will possess a strong background in finance and management.Responsibilities• Create and present financial and tax strategy recommendations to CEO• Support the financial planning and analysis efforts• Oversee cash flow, cash management, working capital, and company audits• Prepare financial statements and reports• Ensure legal compliance on all financial functions• Manage relationships with banksQualifications• Strong finance-based analytical skills• 7 - 10 years of finance experience• CPA or MBA preferred but not requiredOverview: We are seeking a highly skilled and experienced Chief Financial Officer (CFO) to join our executive team. The CFO will play a critical role in shaping the organization's financial strategy, ensuring fiscal responsibility, and driving financial performance. This position requires a strategic thinker with a deep understanding of financial management, regulatory compliance, and market analysis. The ideal candidate will possess strong leadership skills and a proven track record in fiscal management.Duties• Oversee all financial operations, including budgeting, forecasting, and reporting.• Manage the preparation of financial statements and ensure compliance with governmental accounting standards.• Conduct market analysis to identify trends and opportunities for growth.• Ensure timely regulatory reporting and adherence to all applicable laws and regulations.• Lead payroll management processes to ensure accurate and timely compensation for employees.• Develop and implement strategic plans that align with the organization's goals.• Perform business analysis to assess financial performance and identify areas for improvement.• Collaborate with other executives to drive profitability and manage profit-loss statements effectively.• Guide the CEO and Leadership team on financial decision-making to support organizational growth.Qualifications• Auto Dealership experience or related industry is required; a Public Accounting background is highly preferred and must have had auto dealership, transportation, or related experience.• Proven expertise in fiscal management and financial leadership roles.• Strong knowledge of governmental accounting principles and practices.• Demonstrated ability in market analysis and strategic planning.• Proficiency in regulatory reporting requirements at local, state, and federal levels.• Experience in payroll management systems and processes.• Excellent analytical skills with a focus on business analysis and financial accounting.• Strong communication skills with the ability to present complex financial information clearly to stakeholders.• A degree in finance, accounting, or a related field; an MBA or relevant certification (e.g., CPA) is preferred.We invite qualified candidates passionate about driving financial excellence within our organization to apply for this pivotal role.Pay: $170,000.00 - $190,000.00 per year plus bonusBenefits:• 401(k)• 401(k) matching• Dental insurance• Health insurance• Life insurance• Paid time off• Vision insuranceExperience:• Public accounting: 3 years (Preferred)License/Certification:• CPA (Preferred)Ability to Commute or live near by:• Paris, TX 75460 (Required)Ability to Relocate:• Paris, TX 75460: Relocate before starting work (Required)Work Location: In person
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What You Should Know About Chief Financial Officer (Dealership experience), Confidential

We're thrilled to announce an exciting opportunity for a Chief Financial Officer (CFO) at our dynamic auto dealership in Paris, TX. If you're an experienced financial leader with a deep passion for the automotive industry, we want to hear from you! As our CFO, you'll play a pivotal role in shaping our financial strategy and ensuring fiscal responsibility across the organization. Your responsibilities will include crafting financial and tax strategy recommendations that you'll present to our CEO, overseeing cash flow and working capital, and managing our relationships with banks. With 7 to 10 years of finance experience under your belt and ideally a CPA or MBA, you will bring strong analytical skills and an understanding of regulatory compliance to the table. You'll collaborate closely with our executive team to drive profitability and manage our financial operations during this exciting time of growth. If you have a proven track record in fiscal management, with a specific focus on the auto dealership sector, and a knack for presenting complex financial information in an understandable way, then this role is designed for you. We offer a competitive salary range of $170,000.00 - $190,000.00 per year, plus bonuses, and an attractive benefits package including health insurance, a 401(k) plan with matching, and plenty of paid time off. Join us and help steer our organization towards sustained financial success and growth!

Frequently Asked Questions (FAQs) for Chief Financial Officer (Dealership experience) Role at Confidential
What are the responsibilities of the Chief Financial Officer at the auto dealership in Paris, TX?

As the Chief Financial Officer at our auto dealership in Paris, TX, your primary responsibilities will include developing and presenting financial strategies to the CEO, overseeing cash flow and working capital management, and ensuring compliance with legal financial operations. You'll also manage relationships with banks and prepare detailed financial reports to assess company performance.

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What qualifications are required for the Chief Financial Officer position at the auto dealership in Paris, TX?

To be considered for the Chief Financial Officer position at our auto dealership in Paris, TX, candidates should have between 7 to 10 years of finance experience, ideally with a background in public accounting. Experience in the auto dealership or related industries is mandatory, and a CPA or MBA is preferred but not required. Strong analytical skills and a comprehensive understanding of financial management are essential.

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What is the salary range for the Chief Financial Officer at the auto dealership in Paris, TX?

The salary range for the Chief Financial Officer position at our auto dealership in Paris, TX, is between $170,000.00 and $190,000.00 per year, in addition to bonuses. This competitive salary reflects the expertise and experience we expect from candidates applying for this critical leadership role.

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What benefits does the Chief Financial Officer receive at the auto dealership in Paris, TX?

As the Chief Financial Officer at our auto dealership in Paris, TX, you will enjoy a comprehensive benefits package that includes health insurance, dental and vision insurance, life insurance, a 401(k) plan with matching contributions, and generous paid time off. We value our employees' well-being and offer a supportive work environment.

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How does the Chief Financial Officer contribute to the company's growth at the dealership in Paris, TX?

The Chief Financial Officer at our dealership in Paris, TX, plays a crucial role in guiding the company’s growth strategy by analyzing market trends, managing profit-loss statements, and collaborating with other executives to drive profitability. Your financial decisions will directly impact the organization’s strategic planning and operational success.

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Common Interview Questions for Chief Financial Officer (Dealership experience)
What strategies will you implement as CFO to drive financial success at the auto dealership?

In response to this question, detail specific strategies you plan to implement as CFO. Discuss your approach to cash flow management, budgeting, and cost-saving initiatives, while emphasizing your understanding of the auto dealership industry. Highlight past successes that align with these strategies.

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How do you ensure compliance with financial regulations in your role as CFO?

When answering this question, explain your process for staying updated on financial regulations at federal, state, and local levels. Highlight any tools or systems you've successfully implemented to ensure compliance and discuss your experience in leading audits and managing risk.

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Can you provide an example of a financial analysis you've conducted that led to significant improvements?

Use this opportunity to showcase your analytical skills and outcome-driven mindset. Provide a clear example of a financial analysis you led, the steps you took, the insights gained, and how it resulted in improved financial performance or cost reductions.

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How do you manage relationships with banks and financial institutions?

Discuss your approach to relationship management with banks. You could mention your experience in negotiating terms, securing financing, or collaborating with lenders to support dealership operations, emphasizing your communication and negotiation skills.

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What role do you see technology playing in the future of financial management at our dealership?

Explain your views on the impact of technology in financial management, such as adopting new software for budgeting or reporting. Discuss how data analytics can aid in decision-making and enhancing overall operational efficiency within an auto dealership context.

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How do you develop and present financial reports to stakeholders?

Speak about your methodology for developing reports, ensuring clarity and relevance to stakeholders. You could highlight how you tailor presentations for different audiences, focusing on key performance indicators and actionable insights that drive strategic conversations.

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Describe your experience with payroll management in your previous CFO roles.

This gives you a chance to discuss your hands-on experience with payroll processing, the systems you've used, and any improvements you've spearheaded to ensure prompt and accurate payroll delivery, demonstrating attention to detail and compliance with employment laws.

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What do you consider the key financial indicators for measuring dealership performance?

Discuss critical financial indicators like gross profit margins, inventory turnover rates, and cash flow analytics. Explain why these metrics matter specifically in the automotive dealership space and how you would incorporate monitoring these indicators into your financial strategy.

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How do you prioritize and handle competing financial projects or deadlines?

Answer this question by highlighting your organizational skills and techniques for prioritizing tasks. Describe how you assess urgency and impact, and your experience leading teams to meet critical deadlines without sacrificing quality in reporting.

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What experience do you have in market analysis that can aid our dealership's growth?

Be prepared to share your approach to market analysis, including data interpretation, competitor benchmarking, and identifying industry trends. Provide examples of how your market analysis led to successful strategic planning and realized growth in previous roles.

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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
December 19, 2024

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