Finance Manager - Century BMW

Sonic Automotive

$100K — $200K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Previous experience as an Automotive F&I Manager required
  • High school diploma or equivalent
  • Ability to comprehend instructions and information
  • Degree or relevant finance experience preferred
  • Knowledge of dealership finance and insurance procedures
  • Prior professional sales experience
  • Computer proficiency advantageous
  • Excellent communication skills essential

Responsibilities

  • Make monthly vehicle requirement projections for the next 90 days
  • Determine unit sales and gross profit forecasts monthly and yearly
  • Sell finance and insurance products to customers
  • Sell Extended Warranties and aftermarket items
  • Establish relationships with finance sources and secure approvals
  • Conduct daily meetings with sales personnel to review results and action plans
  • Facilitate pre-delivery processes with Service Manager

Benefits

  • Professional development opportunities
  • Opportunity to earn additional revenue through finance sales
  • Strong support for salesmanship training
  • Work in a dynamic and fast-paced dealership environment
  • Opportunity to cultivate relationships with various finance sources
Full Job Description
Job Description

The Finance / Sales Manager ensure that the dealership meets its unit sales quotas and its gross objectives on a daily, monthly, and yearly basis. They are also responsible for producing additional revenue for the dealership by selling finance and insurance products to customers.

Duties and Responsibilities:
• Make a monthly projection of the vehicle requirements by department for the immediate 90-day sales period
• Determine monthly and yearly forecasts in terms of unit sales, gross profit objectives, and departmental profits
• Sell financing and other finance and insurance products to customers
• Sell Extended Warranties and all other aftermarket item
• Establish and maintain good working relationships with several finance sources, factory and otherwise
• Submit paperwork to and obtain approval from finance sources on all finance deals
• Meet with each salesperson as early as possible every day to review yesterday's results and today's plan of action
• Conduct sales meetings
• Facilitate pre-delivery with the Service Manager
• Provide on the job training for salespeople
• Handle all rate quotations
• Check all paperwork for correct title, lien information, taxes, etc. Establish and meet monthly objectives
• The F&I Manager has a responsibility to log in sales income. Verify insurance with customers agents, obtain deposits, verify trade payoffs
• Must follow all company safety policies and procedures, and immediately report any and all accidents to a manager or supervisor

Qualifications
Previous Automotive F&I Manager experience is required
• High school diploma or the equivalent
• Ability to read and comprehend instructions and information
• Degree or commensurate experience in finance
• Knowledge of dealership finance and insurance procedures
• Previous professional sales experience
• Computer knowledge preferred
• Professional personal appearance
• Excellent communication skills
• All applicants must be authorized to work in the USA
• All applicants must perform duties and responsibilities in a safe manner
• All applicants must be able to demonstrate ability to pass pre-employment testing to include background checks, MVR, drug test, credit report, and valid driver license

Additional Information

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