Automotive Dealer Group Chief Financial Officer (CFO) MI/Canada at Rafih Auto Group

Rochester Hills, Michigan, United States -

Full Time

Start Date

Immediate

Expiry Date

27 May, 26

Salary

300000.0

Posted On

26 Feb, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Strategy, Acquisitions, Budgeting, Forecasting, EBITDA Growth, Floorplan Financing, Manufacturer Reporting, Deal Structure Profitability, Cash Flow Management, Capital Management, Lender Negotiations, Financial Reporting, Risk Management, Due Diligence, Multi-Entity Consolidation, Negotiation

Industry

Automotive

Description

Chief Financial Officer (CFO) Automotive Dealer Group - MI/Canada Position Summary The Chief Financial Officer (CFO) is responsible for leading the financial strategy, structure, and performance of a multi-franchise automotive dealer group. The CFO will oversee all financial operations including accounting, treasury, compliance, risk management, lender relationships, manufacturer reporting, and strategic growth initiatives. This executive will serve as a key partner to the CEO/Dealer Principal, driving profitability, optimizing capital structure, and ensuring financial discipline across all rooftops. Key Responsibilities Financial Strategy & Leadership * Develop and execute the group’s financial strategy aligned with growth objectives * Provide strategic financial analysis to support acquisitions, new rooftops, and expansion * Lead budgeting, forecasting, and long-term financial planning * Drive EBITDA growth and improve return on invested capital (ROIC) Automotive-Specific Financial Oversight * Oversee floorplan financing, inventory aging, and manufacturer incentive reconciliation * Manage factory financial statement submissions and compliance * Monitor deal structure profitability (front-end, back-end, F&I) * Analyze departmental performance (Sales, F&I, Fixed Ops, Parts) Cash Flow & Capital Management * Optimize working capital and liquidity across multiple dealerships * Manage banking relationships, lines of credit, and lender negotiations * Structure real estate financing and sale-leaseback opportunities * Oversee treasury operations and capital deployment strategy Accounting & Compliance * Lead consolidated financial reporting for all entities * Ensure GAAP compliance and internal controls * Supervise controller(s) and accounting teams at each rooftop * Oversee audits, tax strategy, and regulatory compliance Risk Management * Implement internal controls to mitigate fraud and operational risk * Manage insurance programs (garage liability, property, cyber, etc.) * Monitor covenant compliance and debt ratios M&A & Growth * Lead financial due diligence for acquisitions * Structure buy/sell transactions * Integrate new dealerships into group reporting systems Qualifications * CPA, CFA, or equivalent preferred * 10+ years of senior financial leadership experience * Automotive dealership or automotive group experience strongly preferred * Deep knowledge of: * Floorplan financing * OEM financial reporting * Dealer management systems (CDK, Reynolds & Reynolds, Dealertrack, etc.) * Multi-entity financial consolidation * Proven experience managing multi-million dollar inventory and complex capital structures * Strong banking and lender negotiation experience Key Competencies * Strategic thinker with operational discipline * Strong cash flow management skills * High integrity and accountability * Data-driven decision maker * Experience leading multi-location teams Performance Metrics * EBITDA growth * Working capital efficiency * Inventory turn & aging control * Debt-to-EBITDA ratio * Departmental gross margin improvement * Acquisition integration success Salary will be based on experience

Responsibilities

The Chief Financial Officer will lead the financial strategy, structure, and performance for a multi-franchise automotive dealer group, overseeing all financial operations including accounting, treasury, compliance, and risk management. This executive will partner with the CEO/Dealer Principal to drive profitability, optimize capital structure, and support strategic growth initiatives like acquisitions.