Financial reporting and analysis: Preparing financial statements, reports, and analyses to track profitability and aid management decisions.
Budgeting and forecasting: Assisting with budget preparation and financial forecasting for departments and the overall company.
Accounts payable and receivable: Processing invoices, managing vendor payments, collecting payments, and following up on overdue accounts.
Sales and revenue tracking: Recording and monitoring sales revenue from new and used vehicles.
Inventory management: Tracking the cost, sale price, and discount of vehicles in stock and updating records after each transaction.
Payroll and commissions: Calculating and processing employee salaries, commissions, and ensuring correct tax deductions and benefits.
Tax compliance: Preparing and filing all necessary tax returns, including sales tax on vehicle sales, and maintaining accurate records for audits.