Finance Manager - Long Beach BMW

Sonic Automotive•Long Beach, CA

2d•Onsite

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. Long Beach BMW is a Sonic Automotive Dealership. Sonic Automotive is a Fortune 500 company that is transforming the way people shop for, buy and service their vehicles. Our talented team work together to ensure we provide an experience unmatched by our competitors.

Requirements

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

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
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
Log in sales income
Verify insurance with customers agents, obtain deposits, verify trade payoffs
Follow all company safety policies and procedures, and immediately report any and all accidents to a manager or supervisor