Dealership Accountant II

Dealership : L0605 Southwest Finance Center

Toyota of Downtown L.A.

Now Hiring : Experienced Dealership Accountant II

Pay : $17.87 - $31.25 / hr. DOE

Schedule : Monday - Friday, 8am-5pm (flexible)

Location : 1901 S Figueroa St, Los Angeles, CA 90007

Great benefits and career opportunities!

Toyota of Downtown L.A. is a part of Lithia & Driveway (NYSE : LAD), the largest automotive retailer in the U.S. and was named a 2024 Top Workplaces award winner.We are one of the fastest-growing companies on the Fortune 500 (#124 for 2025). With over 380+ dealerships worldwide representing over 50 brands in 3 countries!

Dealership Accountant II

Dealership Accountant II is a mid-level position that ensures timely, accurate and consistent recording of dealership transactions. This is a traditional accounting role that manages transactional posting of dealership activities. Accounting acumen is required. High performers will build upon their accounting & financial acumen while also building relationship and influential leadership skills. This will serve them well on a path to an Accounting Manager Role or if coupled with Automotive and Business acumen on the path to a Business Manager.

Position Overview

Area of Responsibility

Submission of Service Contracts

Submission of Warranty Contracts

New car purchases and Dealer trades

Recording of used car purchases

Request and process lien payoffs

Processing of cash receipts

Regional check runs

Processing and payment of vendor invoices

FTC reconciliation

Accounting for manufacturer monies (parts, warranty, incentives, misc.)

Posting to Intercompany accounts

Posting of New & Used Car Deals

Recording of wholesale vehicle sales & purchases

Collection of dealership wholesale & retail AR balances

Process Refunds checks, customer referrals checks

Warranty Cancellations

RDR, Rebate Reconciliation

Schedule reviews and maintenance (SAR understanding, SPARK Notes)

Understanding of all Product Payable lines and ability to reconcile Statements

Balance Intercompany for transactions they initiate.

Other duties as assigned

Additional Qualifications

The following knowledge, skills and abilities are needed to be successful in this position :

Auto Industry Accounting experience, required for this opening

Entry to mid-level office and computer skills

Understands Basic Accounting - familiar with COA, debits and credits

Ability to quickly review, research and if necessary resolve variances

A team player who is focused on providing exemplary customer service.

A critical thinker and effective time manager.

Strong attention to detail and sense of urgency.

Excellent communication skills both written and oral

Active Listening – give full attention to the words and body language of others, take time to understand the points being made and ask questions as appropriate

Positive customer service attitude

Empowered self- leader, accepts responsibility and takes initiative to ensure assigned deliverables are met within acceptable timeframes

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. 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.