Sonic Automotiveposted about 2 months ago
$90,000 - $200,000/Yr
Full-time - Mid Level
Santa Fe, NM

About the position

The Finance Manager ensures 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.

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 items
  • 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.
  • Log in sales income
  • Verify insurance with customers' agents, obtain deposits, verify trade payoff.

Requirements

  • Previous experience as a Finance and Insurance 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
  • High School Diploma or equivalent
  • 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.

Benefits

  • Medical, dental, vision insurance
  • 401k plan with company match
  • Paid Time Off accrual
  • Closed for Thanksgiving day and Christmas day
  • Employee discounts on purchasing and leasing cars
  • Opportunities for career advancement within a Fortune 500 company
Hard Skills
Insurance Products
2
Drug Testing
1
Gross Profit
1
Make
1
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0
Soft Skills
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0
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