Finance Manager - Carson Honda

Sonic Automotive; Carson (CA); On-site; USD 120,000 - 220,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401k with company match

Paid time off

Job summary

Sonic Automotive, Carson Honda in Carson, CA, seeks a Finance Manager to ensure sales quotas and gross objectives are met daily, monthly, and yearly. You will drive revenue by selling finance and insurance products to customers.

The role requires strong knowledge of financing options, excellent communication and negotiation skills, and the ability to manage multiple transactions in a fast-paced environment. A high school diploma and valid driver's license are required.

Qualifications

• Experience as Finance and Insurance Manager in an automotive dealership.
• 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.
• Authorized to work in the USA.
• Able to pass pre-employment testing including background checks, MVR, drug test, and valid license.

Responsibilities

• Make a monthly projection of vehicle requirements by department for the 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 relationships with finance sources, including factory.
• Submit paperwork to finance sources and obtain approvals on all deals.
• Meet daily with sales to review results and action plan.
• Conduct sales meetings and pre-delivery with Service Manager.
• Handle rate quotations and verify lien/title information.
• Log in sales income and verify insurance with customer agents.

Skills

Financing options knowledge

Communication skills

Negotiation skills

Attention to detail

Fast-paced environment

Authorized to work in USA

MVR/Background checks compliance

Education

High School Diploma or equivalent

Job description

Job Description

Sonic Automotive is a multi-billion dollar Fortune 500 company and one of the largest automotive dealer groups in the country with 100+ dealerships nationwide across 25 brands.

At Carson Honda, a Sonic Automotive family dealership, you'll find the opportunities, resources, and support you need to grow and develop professionally. So read on, and consider a rewarding career with Sonic Automotive, Inc.

Salary: $120,000 - $220,000/ year (based on performance)

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.

Qualifications

• 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.

Additional Information

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

**The Finance Manager Position has a Pay Scale consisting of the following elements and ranges. Wages include a monthly draw of $6,000. 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**