Finance Manager - Honda of Stevens Creek

Sonic Automotive; San Jose (CA); On-site; USD 90,000 - 150,000; Full time

Job summary

Join a forward-thinking automotive dealership as a Finance Manager, where your expertise will drive sales and enhance customer satisfaction. This pivotal role involves ensuring the dealership meets its sales quotas while selling finance and insurance products to clients. You'll be at the forefront of financial transactions, working closely with sales teams and finance sources to optimize dealership performance. With a commitment to professional growth and a dynamic work environment, this opportunity offers the chance to thrive in a multi-billion dollar company. If you are detail-oriented and possess strong communication skills, this position is perfect for you.

Benefits

401k plan with company match

Paid Time Off accrual

Employee discounts on purchasing and leasing cars

Opportunities for career advancement

Qualifications

• Experience as a Finance and Insurance Manager in an automotive dealership.
• Strong knowledge of lending practices and insurance products.

Responsibilities

• Ensure dealership meets unit sales quotas and gross objectives.
• Sell finance and insurance products to customers.
• Establish relationships with finance sources.

Skills

Financing options knowledge

Communication skills

Negotiation skills

Detail-oriented

Ability to handle multiple transactions

Education

High School Diploma or equivalent

Job description

Finance Manager - Honda of Stevens Creek in San Jose, CA at Sonic Automotive

Job Type: Sales

Experience: Mid-Senior Level

About

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 Honda of Stevens Creek, 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.

Job Description

Summary:

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.

Duties and Responsibilities:

1. Make a monthly projection of the vehicle requirements by department for the immediate 90-day sales period.
2. Determine monthly and yearly forecasts in terms of unit sales, gross profit objectives, and departmental profits.
3. Sell financing and other finance and insurance products to customers.
4. Sell Extended Warranties and all other aftermarket items.
5. Establish and maintain good working relationships with several finance sources, factory and otherwise.
6. Submit paperwork to and obtain approval from finance sources on all finance deals.
7. Meet with each salesperson as early as possible every day to review yesterday’s results and today’s plan of action.
8. Conduct sales meetings and facilitate pre-delivery with the Service Manager.
9. Handle all rate quotations.
10. Log in sales income.
11. Verify insurance with customers' agents, obtain deposits, verify trade payoff.

Qualifications:

1. Previous experience as a Finance and Insurance Manager in an automotive dealership.
2. Strong knowledge of financing options, lending practices, and insurance products.
3. Excellent communication and negotiation skills.
4. Detail-oriented with a focus on accuracy and compliance.
5. Ability to work in a fast-paced environment and handle multiple transactions.
6. High School Diploma or equivalent.
7. Valid driver's license and a clean driving record.
8. All applicants must be authorized to work in the USA.
9. 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 (Hourly plus 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 Base Hourly Compensation of seventeen dollars an hour. 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 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**

Schedule:

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