Finance Manager - Beverly Hills BMW

Compensation USD 100,000 - 300,000 per year (based on performance). Additional commission and production bonuses may apply with no upper limit. Company Description Beverly Hills BMW is a Sonic Automotive Dealership. Sonic Automotive is a Fortune 500 company transforming the way people shop for, buy, and service their vehicles. Our team works together to provide an unmatched experience. Benefits Lowest turnover in the industry Award‑winning training (Training Magazine Top 125, Brandon Hall Awards) Commitment to developing and promoting within the company Technology‑based: most jobs use iPads or iPhones provided Competitive benefits: medical, dental, vision, HSA, 401(k), PTO Peer‑to‑peer teamwork and recognition Special benefits for purchasing and leasing a car Personal automotive concierge service Job Description The Finance / Sales Manager ensures the dealership meets its unit sales quotas and gross objectives daily, monthly, and yearly. They also produce additional revenue by selling finance and insurance products to customers. Duties and Responsibilities Make a monthly projection of vehicle requirements by department for the immediate 90‑day sales period Determine monthly and yearly forecasts for 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 items 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 early 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 Log sales income, verify insurance with customer agents, obtain deposits, verify trade payoffs Follow all company safety policies and procedures, and immediately report any accidents to a manager or supervisor Qualifications Previous automotive F&I Manager experience is required 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 demonstrate ability to pass pre‑employment testing, including background checks, MVR, drug test, credit report, and valid driver license Additional Information All information will be kept confidential according to EEO guidelines. (The Finance Manager Position has a pay scale that includes base hourly compensation. The position may also pay commission compensation based on the value or amount of closed sales achieved from $0.00 with no upper limit. Production bonuses may also be paid based on individual or team performance.) #J-18808-Ljbffr