Finance Manager - Porsche of West Houston

Sonic Automotive

$80K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience as a Finance Manager, preferably in a dealership setting.
  • High school diploma or equivalent required; relevant degree or equivalent experience preferred.
  • Strong understanding of dealership finance and insurance processes.
  • Proven professional sales experience.
  • Familiarity with computers and dealership management software is a plus.
  • Strong communication skills, both verbal and written.
  • Must be authorized to work in the USA.

Responsibilities

  • Project vehicle requirements for the upcoming 90 days.
  • Forecast monthly and yearly unit sales and gross profit goals.
  • Sell finance and insurance products to customers.
  • Promote extended warranties and aftermarket items.
  • Maintain relationships with finance sources and manage paperwork for approvals.
  • Conduct daily sales reviews with the sales team.
  • Train sales personnel on job-related tasks.

Benefits

  • Potential for career advancement within the dealership.
  • Opportunities for continuous professional development and training.
  • A dynamic work environment within a successful automotive dealership.
  • Exposure to a fast-paced sales culture.
  • Ability to influence dealership revenue through financial products.
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

PRIOR FINANCE MANAGER EXPIERIENCE 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

All your information will be kept confidential according to EEO guidelines.

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