Finance Manager

$16 - $17/Yr

New Century Honda - Glendale, CA

Full-time - Mid Level

Glendale, CA

Motor Vehicle and Parts Dealers

About the position

The Finance & Insurance Manager is responsible for producing additional revenue for the facility by selling finance and insurance products to new and used vehicle customers. Must comply with information security program. Must present a professional appearance.

Responsibilities

• Responsible for the timely completion, review and verification of all financing documents required to complete sales of New and Pre-owned vehicles.
• Establish and maintain good working relationships with several finance sources, factory and otherwise.
• Knowledge of regulations and laws governing financing in the automotive industry.
• Be honest and transparent with people, in an effort to do the right thing within the letter and spirit of the law.
• Be an example of professional morals, ethics, appearance and excellent customer service.
• Advanced ability to operate Finance and Insurance portion of Dealer Management System with emphasis on CDK.
• Meets or exceeds monthly forecasted per vehicle retail average.
• Advanced knowledge of Microsoft Office products.
• Maintains an organized, clean and safe work area.
• Adhere to work schedule and arrive at work before your scheduled start time.
• Maintains CSI at or above Company standards.
• Safeguard customer and Dealer information per established policy.
• Excellent communication and negotiation skills.
• Ability to work within a fast-paced environment.
• Takes reasonable steps and efforts to prevent identity theft from occurring prior to the delivery of a vehicle.
• Submit proper documentation to obtain approval for all possible finance transactions.
• Work with sales management to establish and maintain a program that will ensure a 100-percent turnover to the Finance & Insurance department.
• Work with Sales Managers to secure a reasonable profit from each transaction.
• Establish forecast for finance department in conjunction with sales department.
• Verify the accuracy of all title, lien information, taxes, and other documents on customer paperwork.
• Ensure accuracy of customer information in dealership databases.
• Notarize deal paperwork as required.
• Forward completed deals to office in a timely manner.
• Acquire licenses for selling insurance, if applicable.
• Prepare monthly reports on finance penetration and products sold.
• Keep sales management up to date with regard to rates and products.
• Complete all training certifications as directed by management.
• Follow policies and procedures as set forth in the Personnel Policy Manual and other corporate policies.
• Any other duties as assigned.

Requirements

• High school diploma or the equivalent.
• Minimum two years in automotive sales experience.
• Excellent oral and written communication skills.
• Ability to read and comprehend instructions and information.
• Ability to use personal computer applications including word processing and spreadsheet software.
• Current valid driver's license and state sales license.
• Must be a Notary.
• Obtain AFIP certification within time frame established by management.

Benefits

• Base Hourly Compensation of between $16.000 and $17.05.
• Commission compensation based on the value or amount of closed sales achieved.
• Production bonus based on individual or team performance.