Staff Accountant

The main responsibilities of a Staff Accountant at Group 1 Automotive include reviewing daily banking activities, ensuring transactions are properly coded and reconciled in Oracle, preparing payroll entries and reconciliations, and managing communications with various departments. Additionally, you'll assist with audit preparations, monthly account reconciliations, and ensure compliance with established SOX controls.

To qualify as a Staff Accountant at Group 1 Automotive, candidates must possess a Bachelor’s degree in Accounting or Finance with an accounting emphasis. A minimum of 2-3 years of relevant experience in a large corporate environment or public accounting is also necessary. Proficiency in cloud-based accounting software, accounts receivable, accounts payable, and general accounting, along with strong Microsoft Excel skills, are ideal.

As a Staff Accountant at Group 1 Automotive, you will enjoy a comprehensive benefits package that includes health, dental, vision, life, and disability insurance, along with a 401(k) plan that offers company matching, paid time-off, an Employee Stock Purchase Plan, and access to an Employee Vehicle Purchase Program.

Absolutely! Group 1 Automotive is committed to the professional development of its employees, including Staff Accountants. We offer ongoing training opportunities and a supportive environment that encourages continuous learning and advancement throughout your career with us.

At Group 1 Automotive, Staff Accountants can expect a collaborative and professional work environment. We value teamwork, integrity, and respect in our workplace culture, ensuring that all associates feel supported and empowered to achieve their best work.

In my previous roles, I gained extensive experience using various accounting software, particularly Oracle Cloud. My ability to navigate this software allowed me to efficiently manage banking activities, process transactions, and ensure accurate financial reporting. I would highlight specific examples of reconciliations or journal entries I've completed using these systems.

To ensure accuracy, I always double-check my entries against source documents and maintain organized records. I also utilize checklists to assist with invoice posting and regularly review account reconciliations to catch discrepancies early. This meticulous approach minimizes errors in our financial reports.

In my previous job, I faced a tight deadline during the month-end close. To manage this, I prioritized my tasks, worked collaboratively with my team, and communicated clearly about timelines and bottlenecks. This proactive management helped us meet the deadline without sacrificing accuracy.

I believe one of the toughest challenges is managing multiple priorities, especially during month-end close. To overcome this, I employ effective time management techniques, like creating a detailed plan for my tasks and maintaining regular communication with my team to adapt to any changes.

When I find discrepancies, I thoroughly review the relevant documents and gather relevant information before reaching out to involved departments for clarification. By fostering open communication, we can collaborate on resolving issues efficiently and maintaining integrity in our financial records.

I stay informed about accounting regulations through continuous education and professional development. I also ensure compliance by closely following established SOX controls, conducting regular internal audits, and maintaining diligent records that accredit our financial practices.

My process begins with gathering all necessary documentation, followed by entering the journal entries into the accounting software. After processing, I conduct thorough reconciliations comparing ledger balances to source documents to validate accuracy and completeness. Consistency in this process ensures reliable financial reporting.

I focus on simplifying complex concepts when communicating with non-financial departments. Using clear language, visual aids, and actionable insights helps in delivering financial information that is easy to understand and relevant to their operational needs.

Teamwork is crucial because accounting often involves cross-departmental collaboration. Understanding different perspectives allows for effective problem-solving, accurate reporting, and streamlined processes. As a Staff Accountant, fostering strong relationships across teams enhances productivity and contributes to overall organizational success.

I prioritize tasks based on deadlines and the complexity of the work involved. I utilize a task management system, scheduling high-priority projects first while allocating adequate time for regular responsibilities, all while being flexible to adjust as urgent issues arise.