Finance Manager - Poway Honda

Sonic Automotive•Poway, CA

About The Position

Poway Honda, a Sonic Automotive dealership, is seeking a Finance Manager to help the dealership meet daily, monthly, and yearly unit-sales quotas and gross objectives. The role also generates additional dealership revenue by selling financing, insurance, extended warranties, and other aftermarket products to customers. Compensation is hourly plus commission, with a stated annual range of $130,000–$175,000. The position’s pay scale includes base hourly compensation of $16.50–$17.05, commission based on closed sales with no stated upper limit, and a possible production bonus based on individual or team performance. Poway Honda describes its workplace as a team-oriented environment with award-winning training, opportunities for internal development and promotion, technology provided for many roles, competitive benefits, peer recognition, vehicle purchase and lease benefits, and personal automotive concierge service.

Requirements

  • High school diploma or equivalent.
  • Ability to read and comprehend instructions and information.
  • A degree in finance or commensurate experience.
  • Knowledge of dealership finance and insurance procedures.
  • Previous professional sales experience.
  • Professional personal appearance.
  • Excellent communication skills.
  • Authorization to work in the USA.
  • Ability to perform duties and responsibilities safely.
  • Ability to pass pre-employment testing, including background checks, MVR, drug test, and credit report; valid driver's license required.

Nice To Haves

  • Computer knowledge preferred.

Responsibilities

  • Project monthly vehicle requirements by department for the immediate 90-day sales period.
  • Determine monthly and yearly forecasts for unit sales, gross profit objectives, and departmental profits.
  • Sell financing and other finance and insurance products to customers.
  • Sell extended warranties and other aftermarket items.
  • Establish and maintain working relationships with finance sources, including factory sources.
  • Submit finance paperwork to sources and obtain approval for finance deals.
  • Meet with each salesperson as early as possible each day to review prior-day results and the day's action plan.
  • Conduct sales meetings.
  • Facilitate pre-delivery with the Service Manager.
  • Provide on-the-job training for salespeople.
  • Handle rate quotations.
  • Review paperwork for correct title, lien information, taxes, and other details.
  • Establish and meet monthly objectives.
  • Log sales income.
  • Verify insurance with customers' agents, obtain deposits, and verify trade payoffs.
  • Follow company safety policies and procedures and immediately report accidents to a manager or supervisor.

Benefits

  • Medical, dental, and vision benefits.
  • Health savings account (HSA).
  • 401(k).
  • Paid time off (PTO).
  • Award-winning training.
  • Opportunity for development and promotion within the company.
  • Technology provided for many jobs, including iPads or iPhones.
  • Peer-to-peer teamwork and recognition.
  • Special benefits for purchasing and leasing a car.
  • Personal Automotive Concierge Service.
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