Company Description

Stevens Creek BMW, part of Sonic Automotive—a multi-billion dollar Fortune 500 company—stands as the #1 New Car volume dealership in Northern California, the #1 EV dealership in the world, and the #1 BMW service center in Northern California.

We pride ourselves on delivering exceptional customer experiences and fostering a vibrant workplace where your career can truly flourish.

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 periodDetermine monthly and yearly forecasts in terms of unit sales, gross profit objectives, and departmental profitsSell financing and other finance and insurance products to customersSell Extended Warranties and all other aftermarket itemEstablish and maintain good working relationships with several finance sources, factory and otherwiseSubmit paperwork to and obtain approval from finance sources on all finance dealsMeet with each salesperson as early as possible every day to review yesterday’s results and today’s plan of actionConduct sales meetings and facilitate pre-delivery with the Service ManagerHandle all rate quotationsCheck 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.

QualificationsPrevious 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.

Additional Information

Compensation (Hourly plus uncapped commission):

OTE (On-Target-Earnings): $150,000 - $300,000+ / year.If meeting and exceeding individual and store benchmarks and quotas

*The Finance Manager Position has a Pay Scale consisting of the following elements and ranges. Wages include Base Hourly Compensation of nineteen dollars 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*

 

Schedule:

FULL TIME5 days / 2 days offWeekend availability requiredShow Room Hours:Monday - Saturday: 9am - 8pmSunday: 10am - 6pm

Benefits:

Medical, dental, vision insurance401k plan with company matchPaid Time Off accrualClosed for Thanksgiving day and Christmas dayEmployee discounts on purchasing and leasing carsAccess to all our 100+ stores' inventoryOpportunities for career advancement within a Fortune 500 company

 

All your information will be kept confidential according to EEOC guidelines