Monro, Inc.

Monro, Inc. is one of the nation’s largest auto service companies and major tire retailer. We own and operate more than 1,200 stores in 32 states and our stock trades on the Nasdaq (MNRO). The Monro family of brands includes some of the most recognizable names in the industry—Monro Auto Service and Tire Centers, Mr. Tire, Tire Choice, amongst many more regional chains. Our dominance is driven by teammates who strive to provide a five-star experience and deliver consistent value to our guests and shareholders. At Monro, we understand that a 5-star guest experience begins with a 5-star teammate experience. In fact, we’re currently investing more than $100 million in store improvements, new technology, and career development through our own Monro University training platform.

Destination Monro – Your Career is Here!

Do you have what it takes to shape a better future for yourself and the automotive service industry? Our vision is to be America’s leading auto and tire centers, trusted by consumers as the best place in our neighborhoods for quality automotive maintenance and repairs. We’re looking for motivated individuals at every stage in their career who share our vision. Positions are available in our retail locations across our many brands, in field management, and in store operations at our Store Support Center in Rochester, New York. If you like helping others, as much as you like working on cars; if you enjoy being part of a team, solving problems, and building guest relationships; if you value honesty and integrity - we have a Destination for you at Monro. Contact us to learn more. Destination Monro! – Your career is here.

The Franchise Accounting Manager is a Leadership Position within Car-X, LLC. This position requires the ability to build and maintain relationships with Franchises, maintain the financial records for Car-X, LLC, liaison with Monro, Inc. accounting and finance for the purpose of proper recording and reporting sales and collections. The Franchise Accounting Manager provides information to the Car-X Staff on the financial health of our franchises and current accounts receivable.

Essential Functions:

• Maintain accurate dealer account information in accordance with franchise agreements. This includes the correct billing of advertising and royalty fees consistent with franchise agreements and new store programs, ensuring proper control over cash receipts and payment application, providing timely follow-up of open A/R amounts, and resolving items in dispute while maintaining positive dealer relations.

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  Maintain consistent collection efforts related to dealer obligations. Initiate collection efforts as needed to reduce outstanding dealer A/R amounts including the development of payment plan to resolve and settle past due amounts.

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  Maintain the timely reporting of dealer sales information in accordance with contractual reporting requirements. This includes the accurate recording of reported dealer sales information and prompt issuance of the monthly and annual sales reports.

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  Perform the monthly and annual accounting closing procedures related to accounts receivable and general ledger transactions needed in preparation of the financial statements. Prepare and issue the monthly statements and sales reports on a timely basis.

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  Ensure the integrity and accuracy of the ad market funds including the receipt and proper application of payments, billing of ad fees in accordance with approved market rates, reconciling market cash account balances, and the monthly / annual reconciliation of market fund balances to G/L balances.

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  Maintain control and accuracy over the approval and disbursement of advertising market funds including the initial coding and approval of ad vendor invoices, the review and selection of invoices to be paid, the payment request and marketing approval process, disbursement, and monitoring of payment issuance.

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  Perform reviews of dealer financial statements to determine the overall financial position to meet obligations. Conduct reviews to address poor financial performance, assist dealers with addressing required improvements, and identify areas to be corrected.

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  Determine the accuracy of dealer reported sales my monitoring significant store sales fluctuations, selecting stores for ongoing review, and identifying stores to be scheduled for audit.

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  Assist in the preparation of the sales and departmental budgets including the calculation of estimated monthly / annual anticipated expenses, summary of budget assumptions, and comparisons of current to prior year sales and expenses. Also, assist department heads in the review of monthly results on an as needed basis.

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  Assist with new dealer training by conducting a review of financial, budgetary, and breakeven analysis for new dealers in accordance with the current training manual.

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  Additional responsibilities include the following:

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  The review, code, and approval of office related vendor invoices.
• Assisting office staff with accounting or financial related questions and/or projects.
• Reviewing the annual office lease to ensure compliance with the lease terms and conditions.
• Completing projects as assigned by senior management.
• Supervise accounting staff.

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  This role will require periodic travel to the Car-X office, you can anticipate a minimum of two weeks per quarter of travel.

Education and Experience:

• Franchise Experience a plus
• Knowledge of Financial Accounting
• 4 Year Degree in Accounting
• 4 years Management Experience

Knowledge & Skills:

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  Proven understanding and the ability to adhere to generally accepted accounting principles
• Carry out research on intricate and complex accounting matters to develop a fact-based conclusion to ensure suitable application of authoritative accounting guidance, including drafting relevant technical accounting memos to support these conclusions
• Present issues, options, and recommendations to upper management through research of technical accounting literature, perform an evaluation of new accounting standards’ impact to the company’s financial statements to include working with other areas of the organization to understand current accounting practices to determine and conclude how new accounting standards will impact processes and procedures, as well as ensure controls over financial reporting are redesigned as necessary

• Strong organizational skills with the ability to manage multiple projects simultaneously to meet established deadlines
• Strong analytical skills and attentive to detail with a high degree of accuracy

• Team orientated approach to tasks and problem solving
• Excellent verbal and written communication and interpersonal skills
• Proficient with all Microsoft Office applications (especially Excel) with the ability to learn new and existing company specific software applications
• Ability to manage large sets of data and complex spreadsheets
• Ability to take initiative in identifying problems, collecting data, and establishing facts in order to produce practical decisions and solutions

Work Environment & Physical Requirements:

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, scanners and fax machines. Position requires prolonged periods of sitting/standing at a desk and working on a computer.

• Health Insurance
• Dental Insurance
• 401K Retirement Plan with Company Match
• Paid vacation
• Paid Holidays

Your next Destination!

Growth Opportunity:

At Monro we’re committed to helping our teammates grow their career through the combination of coursework, demonstrating leadership skills and open opportunities. Our teammates receive on-the-job training, company sponsored certifications, as well as course curriculum in Monro University that empowers them to advance to the next level of their careers.

Monro, Inc. is an equal opportunity employer and affords equal opportunity to all applicants for all positions without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.