Chief Financial Officer

Pay Range: $120,000-$180,000

About Knudtsen Automotive Group  

Knudtsen Automotive Group is seeking a Chief Financial Officer to join the Knudtsen family. Knudtsen is a family-owned and operated company that provides the Spokane and Post Falls communities with new and used cars, full-service body shops and service departments,as well as genuine Mazda, Lincoln, and Chevrolet Parts.  At Knudtsen,we strive to be a team and truly value our relationships with each other, our customers, and the community.  

Additionally, we have some great benefits:  

• Employer sponsored health insurance - medical, dental, vision – for employees and dependents   

• Life insurance plans  

• Paid holidays  

• Sick pay  

• Paid vacation  

• Employee purchase discounts  

• 401(K) Retirement Savings Plan (4% Employer Match!)   

• Training and education assistance 

Job Position Summary   

The Chief Financial Officer is a key position that reports to the President and Vice President. The CFO Directs the dealership's financial planning and accounting practices, as well as its relationship with lending institutions, shareholders and the financial community by performing the following duties personally or through subordinate managers. 

• Oversees and directs treasury, budgeting, audit, tax, accounting, purchasing, real estate and insurance activities for the dealership. 

• Works closely with the dealer on long-range planning, cash management and funds allocation. 

• Maintains relationships with financial institutions on matters of lines of credit and funds management. 

• Analyzes, consolidates and directs all cost accounting procedures together with other statistical and routine reports. 

• Directs and analyzes studies of general economic, business and financial conditions and their impact on the dealership's policies and operations. 

• Directs the controller in providing and managing the procedures and systems necessary to maintain proper records and to afford adequate accounting controls and services. 

• Oversees and directs the preparation and issuance of the dealership's annual report. 

• Appraises the dealership's financial position and issues periodic financial and operating reports. 

• Maintains close working relationships with accountants to ensure adherence to Generally Accepted Accounting Principles (GAAP) and maintenance of a dealership financial structure designed to minimize tax liabilities. 

• Maintains close working relationship with legal counsel to ensure that all dealership financial activities are properly conducted, documented and reported. 

• Assists the dealer and general manager with cash flow management by working with the controller to follow contracts-in-transit, accounts receivable and purchaser loan payoffs. 

• Assists the general manager in preparing financial projections and budgets for each retail facility. 

• Negotiates relationships with insurers to provide insurance coverage and other benefits. 

• Represents the dealer as a personal agent within the dealership and at functions outside the dealership. 

• Attends senior level manager meetings. 

• Maintains professional appearance. 

• Other tasks and projects as assigned. 

Qualifications  

• Bachelor’s degree in accounting is a must, or one to two years related experience and/or training; or equivalent combination of education and experience. 

• Two to four years related experience and/or training; or equivalent combination of education and experience. 

• CPA or dealership CFO experience is required.  

• DealerTrack experience preferred, (other DMS’s considered) 

• QuickBooks experience preferred 

• Ability to explain technical financial information in an understandable manner 

• Excellent communication skills 

• Thorough knowledge of accounting principles and procedures 

• Experience with creating financial statements 

• Experience with general ledger functions and the month-end/year end close process 

• Be able to lift up to fifty (50) pounds  

• Be able to stand and sit for an hour or more at a time.  

• Ability to pass a criminal background check.  

• Required pre-employment drug test (note: we do not test for marijuana during pre-employment testing).  

• Also subject to random drug testing, reasonable suspicion drug testing, and post-accident testing at the company’s request. 

PHYSICAL DEMANDS and WORKING ENVIRONMENT 

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

The CFO may be required to stand for long periods of time, sit for long periods of time, walk with customers and team members, lift and/or carry up to 50 pounds, balance, stoop, kneel and crouch.  While performing the duties of this job, the employee is regularly required to talk, listen and hear.  The employee is frequently required to use hands to finger, handle, feel and reach with hands and arms.  Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus. 

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.  The environment for the CFO varies, but often is an office setting and working in a car showroom.  The CFO will be required to walk the dealership property and may encounter inclement weather. The CFO may also enter the service areas and be exposed to dangerous work environments and loud noises.  The noise level in the work environment is usually moderate to loud. 

Knudtsen Dealerships and Auto Body Shops are an equal opportunity employer and prohibits discrimination/harassment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.