F&I & Finance Manager — High Earnings & Growth

Sonic Automotive, Inc.; McKinney, Northern (TX, KY); Hybrid; USD 150,000 - 300,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

401k plan

Paid time off

Personal Automotive Concierge Service

Job summary

Sonic Automotive, Inc. is seeking a Finance Manager for Mercedes-Benz of McKinney in McKinney, TX. You will ensure sales quotas and gross objectives are met daily, monthly, and yearly, while guiding customers through financing and insurance products.

The role requires a high school diploma or equivalent, finance knowledge, and experience with dealership finance procedures. You will build strong lender relationships, review paperwork, and train sales staff.

Qualifications

• High school diploma or the equivalent
• Degree or commensurate experience in finance
• Knowledge of dealership finance and insurance procedures
• Computer knowledge preferred

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
• 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
• Computer knowledge preferred
• Professional personal appearance
• 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

Skills

Finance knowledge

Finance procedures

Education

High school diploma or equivalent

Tools

Finance software

Job description

Sonic Automotive, Inc. is seeking a Finance Manager for Mercedes-Benz of McKinney in McKinney, TX. You will ensure sales quotas and gross objectives are met daily, monthly, and yearly, while guiding customers through financing and insurance products.

The role requires a high school diploma or equivalent, finance knowledge, and experience with dealership finance procedures. You will build strong lender relationships, review paperwork, and train sales staff.