Group 1 Automotive seeks to hire a Manager of Financial Reporting. The position reports to Group 1’s Corporate Controller, and is the direct supervisor of three Financial Reporting staff.
Group 1 Automotive, Inc. is a Fortune 500 company with approximately $11 billion in annual revenues. Group 1 owns and operates 175 full-service automotive dealerships located in the United States, the United Kingdom and Brazil. Group 1’s corporate headquarters are located at 800 Gessner, Suite 500, Houston, Texas, 77024.
Ownership and management of the process to prepare Group 1’s quarterly 1934 Act filings (e.g., Form 10-K and 10-Q) with the Securities and Exchange Commission (SEC);
Creation and maintenance of XBRL documents to be filed with the SEC and related tagging;
Ownership and management of the process to prepare Group 1’s financial statements and other schedules, included in its quarterly earnings release and filed on Form 8-K with the SEC;
Coordination, preparation and/or quality control of various portions of Group 1’s investor presentations;
Interpretation, communication, documentation and implementation of new and newly applicable accounting and reporting standards. Most recently, the position has been responsible for interpretation, documentation and implementation of the ASC 606, Revenue from Contracts with Customers, and ASC 842, Leases;
Preparation of annual budget and monthly financial statements for one of Group 1’s corporate entities, including the preparation or review of various analytical procedures, reconciliations and periodic journal entries (e.g., stock-based compensation, shares outstanding and interest rate swap valuations);
Preparation and coordination of monthly budget-to-actual analysis and reports of corporate entities for senior management;
Assistance in the coordination of the 401(K) plan audit and filing of Group 1’s Form 11-K with the SEC;
Preparation of statutory financial statements related to various foreign subsidiaries;
Involvement, as necessary, in any Group 1’s 1933 Act filings (e.g., Forms S-1, S-3 and S-8);
As required, drafting response letters to the appropriate authority, including drafting letters of response to SEC comments on Group 1’s filings;
Coordination with external and internal auditors with regards to review and audit procedures; and
Census and other governmental reporting requirements.
The candidate should have, at a minimum:
A Bachelor’s degree with a major in accounting, or a Finance degree with an accounting emphasis;
Certification as a public accountant;
Five to eight years of relevant experience in accounting at a large, multi-location corporation and/or public accounting firm;
Experience with both internal and external financial reporting, including filing of SEC documents and XBRL tagging;
A firm understanding of accounting principles;
A proven ability to interpret and document conclusions relative to new accounting pronouncements and new transactions;
Experience effectively managing and developing staff-level accountants;
An intermediate to advanced working knowledge of reporting and XBRL tagging software package(s);
An intermediate to advanced working knowledge of Microsoft software products, particularly Excel and v-lookups, as well as a general ledger software package; and
A working knowledge of Hyperion Financial Management and other Hyperion software products.
The candidate must be:
A team-first oriented employee;
Detail oriented, with a keen attention to quality control;
Process oriented, with an emphasis on internal controls;
A leader by example;
An effective communicator, including the use of both verbal and written forms of communication, able to interact with various groups within the organization (i.e., Tax, Legal, Treasury, Investor Relations, etc.); and
Willing and able to work the necessary hours to accomplish all responsibilities, especially during month- and quarter-end close process, within a specific, defined timeline.
*All applicants must pass pre-employment testing to include: background checks, and drug testing in order to qualify for employment*
If you are in alignment with our values of integrity, transparency, professionalism and teamwork- now might be the time for you to accelerate your career as part of the best company in automotive retail. Apply today or refer a qualified friend.
Group 1 Automotive is an Equal Employment Opportunity employer.
About Group 1 Automotive
Houston-based Group 1 Automotive, Inc., an international, Fortune 500 automotive retailer, is a leading operator in the automotive retailing industry. Since its initial public offering in October 1997, Group 1 has grown to become the third largest dealership group in the United States and has expanded into the United Kingdom and Brazil. The company has achieved its success through a strategy that leverages management experience and emphasizes geographic and brand diversity, interrelated revenue streams, operational efficiencies and the prudent deployment of capital.
As of February 8, 2018, Group 1 owns and operates 175 automotive dealerships, 230 franchises, and 48 collision centers in the United States, United Kingdom and Brazil. Through its dealerships, the company sells new and used cars and light trucks; arranges related vehicle financing; sells service contracts; provides maintenance and repair services; and sells vehicle parts.