What are the responsibilities and job description for the Funding Administrator position at Lithia & Driveway?
Dealership
L0105 Lithia Home Office
Lithia & Driveway | Funding Administrator
Location: Medford, OR
Compensation: $16.85-24.05 DOE
Schedule: Monday - Friday (8:00am-5:00 PST)
Lithia & Driveway (LAD) is one of the largest global automotive retailers providing a wide array of products and services throughout the ownership lifecycle with a vision to modernize personal transportation solutions wherever, whenever, and however consumers desire. With a mission of "Growth Powered by People," we are propelled by our colleagues and preferred by our customers, making Lithia & Driveway the leading automotive retailer in each of our markets. Our success is fueled by four core values:
We’d love to have you join us on our journey!
The Funding Admin plays a key role in our accounting and finance operations by ensuring accurate posting and reconciliation of funds received from lenders financing vehicle purchases for Lithia retail customers. This position requires precision, analytical skills, and strong communication to support both internal teams and dealership personnel.
What You’ll Do
L0105 Lithia Home Office
Lithia & Driveway | Funding Administrator
Location: Medford, OR
Compensation: $16.85-24.05 DOE
Schedule: Monday - Friday (8:00am-5:00 PST)
Lithia & Driveway (LAD) is one of the largest global automotive retailers providing a wide array of products and services throughout the ownership lifecycle with a vision to modernize personal transportation solutions wherever, whenever, and however consumers desire. With a mission of "Growth Powered by People," we are propelled by our colleagues and preferred by our customers, making Lithia & Driveway the leading automotive retailer in each of our markets. Our success is fueled by four core values:
- Earning Customers for Life
- Improving Constantly
- Taking Personal Ownership
- Having Fun
We’d love to have you join us on our journey!
The Funding Admin plays a key role in our accounting and finance operations by ensuring accurate posting and reconciliation of funds received from lenders financing vehicle purchases for Lithia retail customers. This position requires precision, analytical skills, and strong communication to support both internal teams and dealership personnel.
What You’ll Do
- Accurately post and reconcile funds received from lenders to ensure timely allocation of vehicle transactions.
- Operate company and specialized accounting systems, manufacturer websites, and lender platforms to manage and track funding.
- Perform detailed data entry, adjustments, and reconciliations with a focus on accuracy and timeliness.
- Research and resolve discrepancies related to payments, allocations, or missing information.
- Communicate proactively with managers, team members, and dealership accounting staff regarding funding status and inquiries.
- Demonstrate accountability by identifying and correcting errors while maintaining accurate records.
- Participate in continuous improvement efforts by recommending process enhancements and efficiency opportunities.
- Assist with audits, reporting, and special projects as assigned.
- Strong attention to detail and accuracy in handling financial transactions.
- Proven ability to manage reconciliations, data analysis, and error resolution.
- Proficiency with Microsoft Excel (formulas, pivot tables, VLOOKUPs preferred) and other Microsoft Office Suite tools.
- Strong organizational and time management skills with the ability to meet deadlines.
- Excellent written and verbal communication for interacting with internal accounting teams and dealership personnel.
- Ability to work independently as well as collaboratively in a team environment.
- Associate or Bachelor’s degree in Accounting, Finance, or related field preferred.
- 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
Salary : $17 - $24