About the job
Dealership
L0105 Lithia Home Office
Lithia Motors & Driveway
Who are we?
Lithia & Driveway, Inc. (NYSE: LAD) is the largest personal transportation solution in the United States and is among the fastest-growing companies on the Fortune 500 (#158 in 2022). Headquartered in Medford, Oregon, Lithia & Driveway is the largest automotive retailer with over 250 dealerships and $12+BN in annual revenue.
Financial Analyst
The Financial Analyst will be a part of the FP&A team that supports corporate development, specifically Mergers & Acquisition activity. The position is an important role in supporting future growth of our company, including market and demographic research, valuation analysis, including related analysis of competitive market, brands and financial statements, and supporting the due diligence process. The specific role may be fine-tuned based on the candidate.
The Financial Analyst reports to the Senior Mergers & Acquisition Manager.
Position Overview
Area of Responsibility
- Provides key information by assembling and summarizing data; preparing reports; making presentations of findings, analyses, and recommendations.
- Disseminate Financial Statements and perform analysis, including data entry of financial statements
- Maintain financial lookback reporting for acquisitions, conduct trend/variance analysis and report findings and opportunities
- Provides key information to management by assembling and summarizing data; preparing reports; making presentations of findings, analyses, and recommendations
- Conduct market, brand and demographic research supporting acquisition and market planning activities
- Produce modeling (ROI/DCF/IRR) for potential investments using existing models, including dealership acquisitions and divestitures.
- Reporting for other projects such as new add points, capital project return analysis and divestiture analysis
- Support financial and operational due diligence processes on potential acquisitions, including working with all functional areas and operating teams
- Assist in monthly reporting including materials for the Board of Directors (BOD) as needed
- Identify and communicate ongoing opportunities to improve current processes
- Maintain working relationships with the operations reporting and technical accounting teams to support creation of annual operating plans and modeling as needed
Additional Qualifications
The following knowledge, skills and abilities are needed to be successful in this position:
- Proficiency using Microsoft Office Suite, especially Excel
- Data gathering, analyses and reconciling skills
- Strong attention to detail and sense of urgency is critical
- Critical Thinking – using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems and solve complex problems
- Excellent communication skills both written and oral
- Time Management – self started with ability to handle multiple projects, prioritize workload and manage one’s own time
- BA/BS in Accounting, Finance or Economics
- 0-3 years of previous experience in a related role, financial analysis a plus
Proficiency Standards
- Integrity - Acts ethically, maintaining a commitment to honesty and truth in all facets of behavior that builds the trust of others
- Work Ethic - Delivers accurate, timely and consistent results while understanding the need to balance short-term sacrifice for long-term gain
- Team Player - Supports the overall efforts of the team to accomplish departmental and Company goals and objectives
- Team Builder - Acts as a role model within the department in all facets of assigned job duties, while effectively providing feedback to team members and earning respect as a leader
Physical Demands & Working Conditions
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. Reasonable accommodations may be made to enable individuals to perform the essential functions.
- Physical Demands: Standing, walking over 1/3 of the time, sitting to 2/3 of time, kneeling/crouching to 2/3 of time, reaching with hands and arms to 2/3 of time, talking or hearing over 2/3 of time; move, transport or place up to 1/3 of time up to 25 pounds
- Working Conditions: Indoor office environment, considerable use of telephone, computer and other office equipment
Lithia Hiring Requirements
- High school graduate or equivalent.
- 18 years or older
- Possess an acceptable driving record and valid driver’s license in state of residence
- A criminal history background check will be conducted prior to beginning employment
- Clear pre-employment drug screen
NOTE: This job description applies only to the specific employing entity and location of an individual’s employment. This is not necessarily an exhaustive list of responsibilities, skills, duties, requirements, efforts 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 when circumstances change (i.e., emergencies, changes in personnel, workload, rush jobs, or technological developments).
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.
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