Finance Manager - W.I. Simonson Mercedes Benz

SmartRecruiters, Inc.; Santa Monica (CA); On-site; USD 100,000 - 180,000; Full time

Benefits offered by this job

SHL Package: Sonic Sales Associate

Job summary

W.I. Simonson is a Sonic Automotive dealership in Santa Monica, CA, seeking a Finance Manager to drive unit sales and gross objectives while expanding finance and insurance product revenue.

The role involves daily, monthly, and yearly targets, collaboration with sales and service teams, and a track record in dealership finance performance. Competitive compensation and advancement opportunities.

Qualifications

• Automotive dealership finance experience required.
• Knowledge of dealership finance and insurance procedures.
• Proven sales experience required.
• High school diploma or equivalent.
• Degree or commensurate experience in finance.
• Must be authorized to work in the USA.
• Able to pass pre-employment checks (background, MVR, drug test, credit report).

Responsibilities

• Make a monthly projection of vehicle requirements by department for the 90-day period.
• Determine monthly and yearly forecasts for sales, gross profit, and departmental profits.
• Sell financing and insurance products to customers.
• Sell Extended Warranties and all other aftermarket items.
• Establish relationships with finance sources and factories.
• Submit paperwork to and obtain approval from finance sources on all deals.
• Meet with salespeople daily to review yesterday's results and today's plan.
• Conduct sales meetings and facilitate pre-delivery with the Service Manager.
• Provide on-the-job training for salespeople and handle rate quotations.
• Check all paperwork for title, lien and tax accuracy; log sales income.
• Follow safety policies and report accidents as required.

Skills

Sales experience

Finance procedures

Computer proficiency

Work authorization US

Education

High school diploma or equivalent

Degree or commensurate experience in finance

Job description

Finance Manager - W.I. Simonson Mercedes Benz

• Full-time
• SHL Package: Sonic Sales Associate
• Compensation: USD 100,000 - USD 180,000 - yearly

W.I. Simonsonis 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.

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 have highlighted a few.

We're proud of what we're doing here. Come and join us!

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.

Salary: $100000 - $180000 / year, based on performance

( $18.00 / hour with $4,000 monthly advance plus commission opportunity)

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

(The Finance Manager Position has a Pay Scale consisting of the following elements and ranges. Wages include Base Hourly Compensation of $18.00 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.)

• 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
• 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

All your information will be kept confidential according to EEO guidelines.