Micheal J. Frakes II

Dealership Consulting Director

With over 18 years working in the retail automotive industry combined with a bachelor’s degree in Accounting, Mike has a passion for automotive accounting as well as extensive experience and knowledge of all operational aspects of retail automotive dealerships. Mike has been working as a Controller in the retail dealership environment for the past 13 years, during which he has been involved in numerous buy/sells, financial statement audits, compliance audits, and fraud examinations. Additionally, he has experience in forecasting, budgeting, buy/sell valuations, and business planning. In addition, he has experience providing litigation support in his capacity as Controller on several occasions including two cases sent before the Alabama State Supreme Court.

As a Controller for both private and publicly held dealerships, Mike understands the benefits and challenges of each and has worked with and prepared financial statements for seven manufacturers. During his time at Sonic Automotive, ranked amongst the top five in the nation, Mike graduated from the Sonic Automotive Controller Trainee Program and went on to work on their internal audit team performing balance sheet and Sarbanes Oxley (SOX) compliance audits. Prior to his time at Sonic, Mike served as Secretary/Treasurer of Montgomery Ford, in Montgomery, Alabama.

Mike has sat in every desk in the accounting office, giving him a wide range of knowledge and unique understanding of how to maximize the operational efficiency. He understands the value of hard work and has a strong drive for success and looks forward to using his experience and knowledge of automotive accounting to drive his clients’ success.

Education


  • Troy State University – Bachelor of Science in Accounting

Back to top