Finance Manager - BMW of Denver Downtown at Sonic Automotive

Denver, Colorado, United States -

Full Time

Start Date

Immediate

Expiry Date

04 Oct, 26

Salary

375000.0

Posted On

06 Jul, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financing, Insurance Products, Negotiation, Compliance, Sales Forecasting, Lending Practices, Customer Relationship Management, Financial Analysis, Communication, Detail Orientation

Industry

Retail Motor Vehicles

Description

Company Description BMW of Denver Downtown is one of the fastest growing brands within the automotive industry. We are building a business based on doing things the right way. From the way we treat our guests, take pride in our work and share opportunities for our employees to grow as we grow. We are proud of what we're doing here and would love to tell you about our opportunities! Salary: $200,000 to $375,000 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. 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've highlighted a few. We're proud of what we're doing here. Come and join us! Job Description 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 Preferred: At least 3+ years of experience as a Finance 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. Required: 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: $200,000 to $375,000 Draw plus Commission Meeting and exceeding sales and company goals Schedule: Full Time Monday through Saturday availability Sundays off It's time to make the most important move of your career. From our cooperative, team-based approach, to our more than 1,000 internal advancements each year, it's easy to see the difference. When you join our organization, you'll enjoy comprehensive training, competitive compensation, and unparalleled benefits. Simply put, you'll experience the best that a career in the automotive industry has to offer. All your information will be kept confidential according to EEO guidelines. SHL Package: Sonic Sales Associate Dealership: 445 - BMW of Denver Compensation: USD 200000 - USD 375000 - yearly

Responsibilities

The Finance Manager is responsible for meeting unit sales quotas and gross profit objectives while generating revenue through the sale of finance and insurance products. They manage relationships with finance sources and ensure all deal paperwork is accurate and compliant.