Dealership:L0105 Lithia Home Office
Technical Accountant
The Technical Accountant is responsible for ensuring that all transactions are accounted for in accordance with GAAP. The Technical Accountant plays a key role in month-end and quarter-end reporting, as well as audit activity completed by our external auditors throughout the year. The Technical Accountant will perform duties as part of the month-end consolidation process, technical accounting, SEC reporting, and stock compensation administration.
The Technical Accountant reports to the Technical Accounting Supervisor
Responsibilities
- Assist in preparation of all top side adjustments recorded to reflect GAAP financial results and the monthly production of the GAAP financial reporting package including the balance sheet, income statement, cash flow statement and various financial metrics.
- Assist in preparation of monthly financial reporting package and preparation of external reporting documents including the 10-Q, 10-K, press release and investor relations materials.
- Assist in preparation of recurring financials for lenders, including covenant and borrowing base calculations.
- Assist in preparation of acquisition and divestiture accounting, including:
- Reconciliation and posting of closing workbooks.
- Fair value analysis of assets and liabilities acquired.
- Calculation of franchise value and goodwill.
- Prepare and submit required census reports.
- Assist in various technical accounting projects as required.
Skills and Qualifications
- Strong attention to detail
- Sense of urgency
- Excellent communication
- Time Management
- Critical thinking
- Experience with large ERP systems (Oracle, SAP, Workday, etc.) desired.
- Proficiency in Microsoft Excel.
- Must have a Bachelor’s degree in Accounting, Finance or Economics or equivalent experience
Competencies
- Does the right thing, takes action and adapts to change
- Self-motivates, believes in accountability, focuses on results, makes plans and follows through
- Believes in humility, shares best practices, desires to keep learning, measures performance and adapts to improve results
- Thrives on a team, stays positive, lives our values
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the job.*
- Up to 1/3 of time: standing, walking, lifting up to 25 pounds
- Up to 2/3 of time: sitting, kneeling, reaching, talking, hearing
*Reasonable accommodations may be made to enable individuals to perform the essential functions.
NOTE: This is not necessarily an exhaustive list of responsibilities, skills, or working conditions associated with the job. While this list is intended to be an accurate reflection of the current job, the company reserves the right to revise the functions and duties of the job or to require that additional or different tasks be performed.
We offer best in class industry benefits:
- Competitive pay
- Medical, Dental and Vision Plans
- Paid Holidays & PTO
- Short and Long-Term Disability
- Paid Life Insurance
- 401(k) Retirement Plan
- Employee Stock Purchase Plan
- Lithia Learning Center
- Vehicle Purchase Discounts
- Wellness Programs
High School graduate or equivalent, 18 years or older required. Acceptable driving record and a valid driver's license in your state of residence necessary for select roles. We are a drug free workplace. We are committed to equal employment opportunity (regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status). We also consider qualified applicants regardless of criminal histories, consistent with legal requirements.