Finance Manager - Santa Fe Toyota in Santa Fe, NM at Sonic Automotive

Job Description

Summary:

The Finance Manager ensure 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.

Duties and 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 item
• 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.
• The F&I Manager has a responsibility to log in sales income.
• Verify insurance with customers agents, obtain deposits, verify trade payoff.

• 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.

Compensation (Draw / Commission):

• OTE (On-Target-Earnings): $90,000 - $150,000+ / year.

**The Finance Manager Position has a Pay Scale consisting of the following elements and ranges. Wages include a Base Draw of five-thousand and six-hundred dollars a month. The position may also pay commission compensation which is based on the value or amount of closed sales achieved from $0.00 (if no sales are made) without any upper limit other than sales performance.

Schedule:

• FULL TIME
• 5 days a week / 2 days off
• Must have weekend availability

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

All your information will be kept confidential according to EEOC guidelines

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