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Sonic Automotive

Finance Manager - Carson Honda

Carson, CA, US · On-site · Full-time

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About the role

Negotiation
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. - 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. Schedule: - FULL TIME - 5 days a week / 2 days off - Must have weekend availabilityBenefits: - 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 companyAll 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**