Finance Manager - Beverly Hills BMW
Apply NowCompany: Sonic Automotive
Location: Los Angeles, CA 90011
Description:
Company Description
Beverly Hills 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.
Salary: Average is $150000 - $200000 / year (based on performance)
Our associates are happy to work here because:
If you want to find out more about the types of jobs we have here, we've highlighted a few.
We're proud of what we're doing here. Come and join us!
Job Description
The Finance / Sales 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
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
The F&I Manager has a responsibility to log in sales income. Verify insurance with customers agents, obtain deposits, verify trade payoffs
Must follow all company safety policies and procedures, and immediately report any and all accidents to a manager or supervisor
Qualifications
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
Additional Information
All your information will be kept confidential according to EEO guidelines.
(The Finance Manager Position has a Pay Scale consisting of the following elements and ranges. Wages include Base Hourly Compensation. 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. The position also may also pay a production bonus based on individual or team performance that may range from $0.00 (if baseline benchmarks are not met) without any fixed upper limit.)
Beverly Hills 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.
Salary: Average is $150000 - $200000 / year (based on performance)
Our associates are happy to work here because:
- We boast the lowest turnover in the industry.
- We provide award winning training (Training Magazine Top 125, and Brandon Hall Awards).
- We are committed to developing and promoting within the company.
- We are technology based - most jobs use IPads or IPhones that we provide.
- Our benefits are extremely competitive with Medical, dental, vision, HSA, 401k and PTO.
- We encourage peer to peer teamwork and recognition.
- Special benefits to purchasing and leasing a car.
- Personal Automotive Concierge Service.
If you want to find out more about the types of jobs we have here, we've highlighted a few.
We're proud of what we're doing here. Come and join us!
Job Description
The Finance / Sales 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
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
The F&I Manager has a responsibility to log in sales income. Verify insurance with customers agents, obtain deposits, verify trade payoffs
Must follow all company safety policies and procedures, and immediately report any and all accidents to a manager or supervisor
Qualifications
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
Additional Information
All your information will be kept confidential according to EEO guidelines.
(The Finance Manager Position has a Pay Scale consisting of the following elements and ranges. Wages include Base Hourly Compensation. 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. The position also may also pay a production bonus based on individual or team performance that may range from $0.00 (if baseline benchmarks are not met) without any fixed upper limit.)