Jen Moylan is a Lead Consultant with over 30 years of experience in Dealership sales and acquisitions, including all phases of the Buy/Sell transaction, Dealer Application, Proforma, Office Procedures in opening a new business or winding down post-close, Settlement Statements, and Opening/Closing entries.
She is an expert in month-end close, with extensive expense reviews and gross profit analysis. Jen trains new office managers and mentor Controllers by focusing on the processes to be completed and the overall business view for a better understanding and confident decision-making abilities.
Jen specializes in gathering evidence and quantify losses for forensic fraud investigations by reviewing bank reconciliations, expense studies and schedule reviews. Also, assists in DMS transitions by helping complete accounting setups for those systems that request the dealership to do so and transition the staff to new processes and training on all major automotive DMS systems: DealerTrack, CDK, Tekion, AutoMate, Reynolds & Reynolds by providing training to all dealership staff in 8300 filings, Red Flag Rules.
Learn more about my professional experience and how I spend my time outside the firm.
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When we think of internal fraud within a dealership, the focus generally falls on the accounting staff – those with direct access to withdraw funds. But fraud can occur in less obvious ways, still with staggering impacts on the bottom line. How much input do managers have on your monthly financial statement results? General managers…
Introducing Dealer Detail, a video series focused on the key business topics for auto dealers and dealership professionals.
A recent case reported in the Automotive News discussed when a parts manager pleaded guilty to ordering parts from the OEM, not stocking them into the dealer’s DMS, and selling them personally on Facebook. Between the parts cost and the FedEx account being used to ship these ‘sales,’ the dealership lost $575,000 in less than…