Controller

Controller

Luxury Lease Partners has an exciting opportunity for a Controller of whom will have primary responsibility for all aspects of the accounting department including, deal funding & treasury, lease receivables, accounts payable and all taxes associated with leased vehicles including sales, property /motor vehicle and franchise tax. This position will also serve as a liaison and consultant with the credit and collections team to assist in the structuring and funding of new leases.

Duties & Responsibilities

Accounting

• Assist in developing and overseeing the month-end closing process for the efficient timely release of financial statements,
• Assist in developing a fully functioning accounts payable process,
• Perform selected account reconciliations on daily, weekly or monthly basis based on account complexity,
• Reconcile intra/inter-company accounts monthly,
• Make month-end journal entries as deemed appropriate,
• Manage the recording and depreciation of fixed assets,
• Assist in the development and execution of a strong internal control structure appropriate for a smaller company with limited ability personnel utilizing compensating controls, and
• Assist in the development of the annual financial budget

Sales & Other Taxes

• Manage the schedule of timing and preparation of various returns and registrations to ensure all are filed on a timely basis,
• Liaise with the external tax preparer in connection with preparation and filing of periodic tax returns,
• Monitor changes in tax rates and coordinate new rates and timing with Credit & Operations,
• Perform daily cash reconciliations of tax related activity,
• Investigate and resolve any and all issues associated with tax collected in the appropriate taxing jurisdictions and resolve as appropriate,
• Coordinate with states regarding the calculation and payment of sales, property, motor vehicle, and franchise taxes,
• Coordinate with operations to ensure property taxes are appropriately allocated to lessees,
• Reconcile taxes paid with taxes collected from lessee, and
• Process tax and DMV refunds to customers

Treasury

• Manage daily funding requirements for new deals and assist in the submission of weekly sweeps to a warehouse credit facility,
• Setup templates for dealers and create wire transfers for deal funding on a timely basis,
• Verify wire instructions for clients, make changes when needed and verify the information in the bank matches the information received from the lessees and/or dealer
• Monitor fundings received from our lenders and compare actual receipts to deal books and update amortization schedules, and
• Verify wire instructions for outgoing payment requests

Operations

• Coordinate with credit and operations in the structuring of deals to ensure deal requirements have been completed and funding is performed pursuant to expectations, and
• Monitor bank activity and advise operations on a timely basis of time critical receipts

Qualifications

The candidate will possess a bachelor’s degree in accounting from an accredited university and 5-7 years of related accounting experience. Experience in:

• Finance and bank support required,
• Automotive retail industry preferred, and
• Public accounting a plus

Required Skills

• Strong knowledge of GAAP and particularly ASC 842,
• Advanced working knowledge of Excel, including extensive experience with complex functions and pivot tables a must,
• Working knowledge of QuickBooks Enterprise is critical,
• Strong knowledge of the month-end closing process is a must,
• Exhibit an understanding of the necessary requirements for a strong internal control structure within a small company and the ability to construct compensating controls,
• Detail oriented, with the ability to critically review transactions and G/L postings for propriety,
• Ability to work across functional lines and work with local and remote teams,
• Ability to navigate uncertainty and utilize prudent judgement in decision-making,
• Possess strong verbal and written communication skills, and
• Strong leadership with the ability to cooperatively work with others during times of approaching deadlines

Job Types: Full-time, Contract

Pay: $135,000.00 - $150,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Experience level:

• 5 years

Physical setting:

• Office

Schedule:

• Monday to Friday

Supplemental pay types:

• Bonus opportunities

Experience:

• Accounting: 5 years (Required)

Work Location: In person

Salary : $135,000 - $150,000