Finance Manager - Land Rover Pasadena

Sonic Automotive; Pasadena (CA); On-site; USD 150,000 - 200,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

401k plan with company match

Paid Time Off accrual

Employee discounts on purchasing andLe

Job summary

Sonic Automotive is seeking a Finance Manager in Pasadena, CA to ensure the dealership hits unit sales quotas and gross objectives daily, monthly, and yearly. The role includes generating additional revenue by selling finance and insurance products to customers.

The F&I Manager will forecast vehicle needs, secure approvals from finance sources, and coordinate with sales staff to optimize profitability while maintaining compliance and accuracy in all documentation.

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.
• Must pass pre-employment testing (background, MVR, drug test).

Responsibilities

• Make a monthly projection of the vehicle requirements by department for the next 90 days.
• Forecast monthly and yearly unit sales, gross profit objectives, and departmental profits.
• Sell financing and other F&I products to customers.
• Sell Extended Warranties and other aftermarket items.
• Maintain relationships with finance sources and request approvals for deals.
• Review and coordinate paperwork with finance sources and sales staff.

Skills

Communication

Negotiation

Attention to detail

Fast-paced environment

Team collaboration

Valid driver's license

Authorized to work in USA

Education

High School Diploma or equivalent

Job description

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

• 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

Compensation (Hourly plus commission)

$150,000 - $200,000+ / year.

Wages include Base Hourly Compensation of eighteen 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 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

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

Compensation

$150,000-$150,000 per year