Finance Manager | BMW Westlake

RUSNAKThousand Oaks, CA
Onsite

About The Position

Rusnak Auto Group is a leader in the automotive industry with a stellar reputation in the Greater Los Angeles and throughout Southern California. They have expanded to 14 locations with showrooms in Pasadena, Arcadia, Thousand Oaks, Ontario, and Anaheim Hills, offering 11 luxury car brands. The BMW Westlake dealership in Thousand Oaks is seeking a Finance Manager. This role involves contributing to the success of Paul Rusnak Management (PRM)/Rusnak Group by upholding the highest ethical standards and legal compliance in finance transactions, while achieving individual and franchise sales objectives. Rusnak Auto Group is family owned and operated since the 1960s and is an equal opportunity employer.

Requirements

  • A minimum of 2 years in position of Finance or similar positions in Automotive industry.
  • Successful completion of finance training.
  • Bachelor's Degree: Business Administration, Finance, Marketing Required
  • Valid CA Driver License
  • Valid CA Sales License

Responsibilities

  • Maintains active knowledge of all current and pending state and federal legal compliance guidelines; understands and complies with Company, local, state, and federal regulations that pertain to the sale of new and used vehicles.
  • Consistently protects the Company from liability throughout the finance process; validates Clients expectations; any disclosure required is reviewed with the Client(s) and acknowledged by signature.
  • Ensures all documentation is accurately completed in a timely manner while consistently protecting Client information.
  • Conducts all business in an ethical and professional manner.
  • Ensures that all transactions are completed in a timely manner, ensures all written and verbal representations are accurate and as intended.
  • Consistently ensures that all department files are current, neat, and secured at all times; ensuring full protection of Client information.
  • Prior to delivery, verifies all aspects of the Sales Department’s deal structure, such as, but not limited to, rate, residual, advance, and term; ensures that Vehicle Identification Number (VIN) is accurate; carefully and consistently reviews Client’s credit profile to ensure our ability to secure a lending source at or below the rate being offered to the Client.
  • Before forwarding to administration, carefully and consistently checks all paperwork for correct information such as, but not limited to, title, lien information, and taxes.
  • Verifies payoff information on all trade-ins; verifies proper insurance coverage on all deals.
  • Assists the sales process through completion of the sale while ensuring all corporate finance goals are met on a departmental and individual level.
  • Generate additional revenue by negotiating gross profit, maintaining and improving reserves, and by selling aftermarket products and services through consistent use of the finance menu.
  • Leads by example and Promotes excellent Sales Satisfaction Index (SSI)/ Customer Satisfaction Index (CSI) scores.
  • Maximizes cash flow by getting funding packages to the General Manager (GM) as quickly as possible.
  • Maintains current knowledge of Manufacturer’s policy, procedures, programs, and initiatives; adheres to these practices and integrates as required in all relevant Client interactions.
  • Act upon day to day departmental decisions; however, must consult GM and/or Human Resources (HR) before implementation of major decisions.
  • Develops, and consistently monitors, sales financial goals (budgets), with GM & General Sales Manager (GSM).
  • Analyzes market and franchise data to develop growth plan and identify areas of opportunity.
  • Consistently works with GSM to ensure that revenue targets are met.
  • Works closely with GSM to develop and implement cost control strategies.
  • On a weekly and monthly basis, monitors sales and profits.
  • Works closely with GSM to develop action plans to correct performance as required.

Benefits

  • Professional development and opportunities to grow within a well-respected company
  • Competitive Pay
  • Health Insurance Coverage (medical, dental, vision, and life)
  • Comprehensive Benefits Package including Annual Wellness Fair and Employee Assistance Program (EAP)
  • 401(k) Retirement Plan
  • Flexible Spending Account
  • Paid Time-Off (vacation pay, sick pay, holiday pay)
  • Parental Leave
  • Employee Perks (sports games, theme parks, etc.)
  • Employee Referral Bonus Program
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