The automotive industry operates under unique regulatory requirements, from financial reporting obligations for dealers to complex award wages for mechanics. Add inventory challenges, warranty provisions, and seasonal cash flow variations, and it’s clear why generic accounting services fall short.
At Mizael Partners, we’ve specialised in automotive accounting for over a decade, serving everyone from independent mechanics to major dealership groups across Melbourne. We understand your industry’s financial pressures and regulatory requirements inside out.
Ensure your dealership meets all regulatory and manufacturer requirements with professional financial statement audits. We provide comprehensive audit services that satisfy lender requirements, manufacturer compliance, and stakeholder reporting needs. Our proactive approach ensures your financial statements accurately reflect your business performance.
Navigate complex award wages for mechanics, service advisors, and sales staff. We handle Vehicle Manufacturing, Repair, Services & Retail Award calculations, overtime provisions, apprentice wages, and commission structures while ensuring SuperStream compliance.
Track thousands of parts and vehicle stock with precision. Our inventory systems handle part numbers, vehicle VINs, supplier rebates, warranty claims, and obsolescence provisions. Get real-time visibility into stock levels and turn rates.
Manage warranty claim recoveries and service department profitability. We track manufacturer warranty payments, extended warranty provisions, and service department KPIs including labour recovery rates and parts margins.
Monitor key automotive metrics: units sold, gross margins per vehicle, service department efficiency, parts turn rates, and finance & insurance income. Monthly reports benchmarked against industry standards.
Handle complex manufacturer relationships including volume bonuses, advertising contributions, floor plan financing, and warranty claim processing. We ensure accurate reporting to satisfy manufacturer requirements.
* Available for new business clients only.
Many dealerships require annual financial statement audits to satisfy manufacturer agreements, lending requirements, or stakeholder reporting obligations. We provide comprehensive audit services tailored to the automotive industry’s specific requirements.
Absolutely. We specialise in the Vehicle Manufacturing, Repair, Services & Retail Award, handling complex penalty rates, overtime calculations, and apprentice wage progressions.
Through detailed KPI reporting, we identify opportunities in parts margins, labour recovery rates, warranty claim processing, and manufacturer bonus optimization. Our clients typically see 2-3% margin improvements within 12 months.
Yes, we work with most Dealer Management Systems including CDK, Reynolds & Reynolds, and AutoFluent. We can set up automated data feeds to eliminate double-entry.