Dealership:
L0605 Southwest Finance Center
Downtown Los Angeles Accounting Processing Center
Business Manager II
Business Manager II is a mid-level Business Manager that provides financial thought partnership to Dealership – strategic business partner to General and Department Managers. Oversees dealership specialists, and cashier personnel located in the dealerships. Oversees dealership accountants in the single point structure. Liaison with Dealership Accounting and Shared Service leadership. Exceptional performers would be positioned for an Area Controller or BM III role depending on business need and the individual’s accounting or business acumen, respectively.
This position reports to the Business Manager III or Area Controller.
Responsibilities
- A financial thought partner to the dealership; develop and maintain positive relationships with store leadership (GM, Sales & Operations) and Manufacturer Representatives
- Ensure dealership is operating within financial guardrails
- Communicates risks and opportunity with operational leaders.
- Ensures financial processes are in place to support new or evolving business initiatives
- Understand manufacturers Excellence Objectives and work with GM to ensure achievement.
- Maximize benefits from manufacturer incentive programs; understand program rules and payment structures, work with GMs to achieve results and work to ensure that the Shared Services team is up to date on program rules.
- Ensures compliance with internal controls
- Responsible for accurate store financials Ensures regular reviews of operational income statements, GL activity, supporting schedules and balance sheet accounts.
- Conduct quarterly physical Inventory: vehicles, parts, supplies
Skills and Qualifications
- Strong attention to detail
- Sense of urgency
- Excellent communication
- Ability to quickly review, research and if necessary, resolve variances
- Ability to offer solutions or recommendations based on analysis and interpretation of financial results
- Partner with Dealership leadership to drive financial results
- Bachelor’s Degree in Accounting, Finance, or 5 years commensurate experience (preferred)
- Experience driving business results through financial interpretation (required)
- Experience leading teams (preferred)
- Auto Industry Experience (preferred)
The salary range for this position is $156,000 to $180,000 annually; in addition, this position is also eligible for an accounting operations bonus. Final compensation will be established through the interview process in accordance with applicable pay equity and transparency laws.
We offer best in class industry benefits:
- Competitive pay
- Medical, Dental and Vision Plans
- Paid Holidays & PTO
- Short and Long-Term Disability
- Paid Life Insurance
- 401(k) Retirement Plan
- Employee Stock Purchase Plan
- Lithia Learning Center
- Vehicle Purchase Discounts
- Wellness Programs
High School graduate or equivalent, 18 years or older required. We are a drug free workplace. We are committed to equal employment opportunity (regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status). We also consider qualified applicants regardless of criminal histories, consistent with legal requirements.