Finance Manager - MB OF NASHVILLE

Sonic Automotive

$180K — $250K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • High school diploma or equivalent required
  • Degree or equivalent experience in finance preferred
  • Knowledge of dealership finance and insurance procedures is essential
  • Previous professional sales experience is necessary
  • Strong communication skills are crucial
  • Computer knowledge is preferred but not mandatory
  • All applicants must be authorized to work in the USA

Responsibilities

  • Make monthly projections for vehicle requirements across departments
  • Determine forecasts for unit sales and profit objectives
  • Sell financing and insurance products to customers
  • Promote extended warranties and other aftermarket items
  • Establish relationships with various finance sources
  • Submit finance deal paperwork for approval
  • Conduct daily sales meetings and training for salespeople
  • Ensure accurate paperwork regarding titles and taxes

Benefits

  • Potential for substantial income with a monthly draw
  • Career growth opportunities within a well-known dealership
  • Supportive working environment focused on teamwork
  • Training and development programs for sales personnel
  • Health and wellness initiatives offered by the dealership
Full Job Description
MB OF NASHVILLE is a Sonic Automotive Dealership.

$6K monthly draw up to $150k-$250k

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
• 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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