FINANCE MANAGER

Northside Honda

$70K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • High school diploma or equivalent required.
  • 2-4 years of relevant experience or training preferred.
  • Ability to interpret financial documents and manuals.
  • Proficient in basic math, including calculations like discounts and interest.
  • Possess a valid driver's license and maintain state insurance license.

Responsibilities

  • Sell finance and insurance products to customers.
  • Explain aftermarket products and warranties to buyers.
  • Convert cash transactions into financed deals.
  • Ensure compliance with relevant regulations and paperwork requirements.
  • Train sales staff on financing benefits and programs.

Benefits

  • Professional training and certification support for career development.
  • Opportunities to influence dealership revenue through sales.
  • Work in a customer-focused automotive environment.
Full Job Description
Job Title: Honda Finance Manager

Department: Finance

Reports to: Finance Director

FLSA Status: Exempt

Prepared by: James Womack

SUMMARY

Produces additional revenue for the dealership by selling finance and insurance programs and other appropriate after-sale items to new- and used-vehicle customer.

ESSENTIAL DUTIES

Essential duties include the following. Other duties may be assigned.

  • Sells financing, gap, extended service plans, and credit life to customers.
  • Provides customers with thorough explanation of aftermarket products and extended warranties.
  • Converts cash deals to finance.
  • Conducts business in an ethical and professional manner.
  • Processes all federal, state, and dealer paperwork related to vehicle transaction.
  • Understands and complies with federal, state, and local regulations that affect new- and used-vehicle and finance departments.
  • Completes paperwork necessary for vehicle sales and leases in a timely and efficient manner.
  • Checks all paperwork for correct title, lien information, taxes, etc., before forwarding to accounting.
  • Acquires and maintains current state insurance license, completing continuing credit insurance education as needed.
  • Provides sales force and sales managers with current information about finance and lease programs continually.
  • Trains the sales staff regarding the benefits of financing, insurance and extended service programs.
  • Works with sales managers to secure a reasonable profit from every sale.
  • Ensures collection of all finance and insurance fees.
  • Prepares reports on finance penetration.
  • Attends managers meetings.
  • Develops and monitors guidelines for working with customers to ensure maximum customer satisfaction.
  • Maintains an adequate and current supply of all required contracts and paperwork needed for completion and finalization of car deals.
  • Maintains a professional appearance.
  • Maintains a clean and professional work environment.
  • Completes required Chevrolet certification tests.


SUPERVISORY RESPONSIBILITIES

This job has no supervisory responsibilities.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and/or EXPERIENCE

High school diploma or equivalent. Two or four years related experience and/or training; or equivalent combination of education and experience.

LANGUAGE SKILLS

Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to write routine reports and correspondence. Ability to speak effectively before groups of customers or employees of organization.

MATHEMATICAL SKILLS

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, and percentages. Ability to apply concepts of basic algebra and geometry.

REASONING ABILITY

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

CERTIFICATES, LICENSES, REGISTRATIONS

Valid Driver's License

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit and talk or hear. The employee frequently is required to use hands to finger, handle, or feel. The employee is occasionally required to stand, walk, and reach with hands and arms. Specific vision abilities required by this job include close vision, distance vision, and ability to adjust focus.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

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