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Finance Manager - BMW of Denver Downtown

Posted about 7 hours ago

OfficeDenver, CO, United StatesSE200k - 375k USD

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.

Job details
Workplace
Office
Location
Denver, CO, United States
Experience
SE
Salary
200k - 375k USD
per year
Sonic Automotive logo
Sonic Automotive
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Sonic Automotive is revolutionizing the car buying business. We operate over 100 dealerships in 13 states and represent 25 different new car brands. Car Buying, the Way it Should Be.

Key team members

David Snodgrass

David Snodgrass

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