What Does A Controller At A Dealership Do?

by | Last updated on January 24, 2024

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As a dealership controller, your primary responsibilities are

to oversee the financial aspects of an automotive dealership and monitor internal compliance

. … A dealership controller reports to the accounting director or the vice president of the dealership and can work with an automobile manufacturer or service center.

How much does a controller for a dealership make?

The average dealership controller salary in the USA is

$90,000 per year

or $46.15 per hour. Entry level positions start at $80,000 per year while most experienced workers make up to $120,000 per year.

What does a controller do in a dealership?

The Controller / Business Manager is

responsible for the financial condition of the dealership, and directing the overall financial planning, budgeting and accounting practices

. As with all positions within dealerships, controller / business managers are expected to uphold the highest ethical standards.

What is the major responsibility of a controller?

The controller

manages accounting records

and is responsible for the production of financial reports. … The controller oversees all employees involved in the accounting process, including accounts receivable, accounts payable, payroll, inventory and compliance.

What is a controller job description?

A controller

oversees an organization’s daily accounting operations

, including the accounting, payroll, accounts payable and accounts receivable departments. The controller also helps guide a company’s strategic financial decisions — and is therefore integral to the financial health of the firm.

How many hours does a controller work?

A Berkeley analysis of controllers between 2013 and 2015 estimated that the average controller works

170 hours per month

, or a little less than 43 hours a week. Like their accounting counterparts, controllers tend to experience a much better work/life balance than others in the financial industry.

Is a controller an executive position?

Here is how Tech Target describes describes a controller: A financial controller is

a senior-level executive who acts as the head of accounting

, and oversees the preparation of financial reports, such as balance sheets and income statements.

What is the highest paying job in a car dealership?

Job Title Annual Salary Weekly Pay
Dealership General Manager

$126,765 $2,438
RV Dealership General Manager $114,017 $2,193 Automotive Dealership Controller $91,633 $1,762 Dealership Controller $85,885 $1,652

How much does a controller of a small company make?

Annual Salary Weekly Pay Top Earners $118,500 $2,278 75th Percentile $108,000 $2,076 Average

$91,250

$1,754
25th Percentile $70,000 $1,346

Is a controller higher than a manager?

Controllers and accounting managers both work with financial departments and perform supervisory tasks. Controllers are in a more advanced role, tend to earn a higher salary, and can currently expect a

higher rate of job growth than

accounting managers, as shown in the table, below.

What skills should a controller have?

  • Controlling Cost. …
  • Knowledge of Internal Controls and Compliance. …
  • Improving Financial Reporting and Adding Value to the Business. …
  • Strong Understanding of Corporate Transaction Processes. …
  • Excellent Corporate Knowledge. …
  • Looks for Ways to Improve Efficiency. …
  • Driven by Analytics.

What are the qualifications of a controller?

The controller candidate should have a

Bachelor’s degree in accounting or business administration

, or equivalent business experience and 10+ years of progressively responsible experience for a major company or division of a large corporation.

What skills do you need to be a financial controller?

  • Accounting. …
  • Numeracy skills. …
  • Being up to date with regulations. …
  • Leadership and team management. …
  • Handling deadlines and pressure situations. …
  • Business acumen. …
  • Strategic planning.

Does a controller need a CPA?

Every controller job is unique, but there are universal skills and qualifications that any serious candidate should possess. It starts with a college degree in finance or accounting. Most openings also require a master’s of business administration (MBA) or a

certified public accountant (CPA) designation

, or both.

What is the role of a finance controller?

The financial controller (FC) is a

pivotal and senior role within an accounting function

. … They oversee the accounting function of a company, ensuring that accounting records are kept appropriately and that reported results comply with accounting standards and relevant legislation.

Is it hard to be a controller?


It will be tough work

, and you probably won’t make as much as you would at a big accounting and auditing firm, but you’ll learn a lot because you’ll be wearing so many hats. You may be an accountant, but you’ll handle some responsibilities usually shouldered by controllers, directors, and CFOs.

Author
David Evans
David is a seasoned automotive enthusiast. He is a graduate of Mechanical Engineering and has a passion for all things related to cars and vehicles. With his extensive knowledge of cars and other vehicles, David is an authority in the industry.
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