Finance Manager - Concord Honda

Sonic Automotive

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

Qualifications

  • 3+ years of experience as a Finance Manager in automotive dealership.
  • Strong knowledge of finance options and lending practices.
  • Excellent communication and negotiation skills.
  • Detail-oriented with a focus on accuracy and compliance.
  • Able to thrive in a fast-paced environment handling multiple transactions.
  • Valid driver's license and clean driving record.
  • Authorized to work in the USA. Must pass pre-employment testing.

Responsibilities

  • Project vehicle requirements for the next 90-day sales period.
  • Determine monthly and yearly forecasts for unit sales and profits.
  • Sell financing and finance-related products to customers.
  • Promote and sell Extended Warranties and aftermarket items.
  • Build and maintain relationships with finance sources.
  • Submit paperwork to finance sources and obtain deal approvals.
  • Meet daily with sales staff to review performance and action plans.
  • Conduct sales meetings and collaborate with the Service Manager.
  • Verify accuracy in financial paperwork and handle rate quotations.
  • Log all sales income and verify customer insurance details.

Benefits

  • Full-time schedule with potential for commissions based on sales performance.
  • Opportunity for performance-based bonuses without capped earnings.
Full Job Description
Job Description

Summary:

The Finance 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 and facilitate pre-delivery with the Service Manager
  • Handle all rate quotations
  • Check all paperwork for correct title, lien information, taxes, etc.
  • The F&I Manager has a responsibility to log in sales income.
  • Verify insurance with customers agents, obtain deposits, verify trade payoff.


Qualifications

Preferred:
  • At least 3+ years of experience as a Finance Manager in an automotive dealership.
  • Strong knowledge of financing options, lending practices, and insurance products.
  • Excellent communication and negotiation skills.
  • Detail-oriented with a focus on accuracy and compliance.
  • Ability to work in a fast-paced environment and handle multiple transactions.

Required:
  • Valid driver's license and a clean driving record.
  • All applicants must be authorized to work in the USA.
  • All applicants must be able to demonstrate ability to pass pre-employment testing to include background checks, MVR, drug test, and valid driver license.


Additional Information

(The Finance Manager Position has a Pay Scale consisting of the following elements and ranges. Wages include Base Hourly Compensation. The position may also pay commission compensation which is based on the value or amount of closed sales achieved from $0.00 (if no sales are made) without any upper limit other than sales performance. The position also may also pay a production bonus based on individual or team performance that may range from $0.00 (if baseline benchmarks are not met) without any fixed upper limit.)

Schedule:
  • Full Time
  • Monday through Sunday availability

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