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Financial Operations Manager

2 months ago

Nashville, Tennessee, United States Sonic Automotive Full time
Job Overview

Company Overview:

Sonic Automotive is a leading name in the automotive retail industry.

As a Fortune 500 organization, we are revolutionizing the vehicle shopping, purchasing, and servicing experience. Our dedicated team collaborates to deliver an unparalleled customer experience.

Our employees enjoy working here because:

  • We maintain the lowest turnover rate in the sector.
  • We offer award-winning training programs recognized by industry leaders.
  • We prioritize internal development and promotions.
  • We leverage technology, providing iPads or iPhones for most roles.
  • Our benefits package is highly competitive, including medical, dental, vision, HSA, 401k, and PTO.
  • We foster a culture of teamwork and peer recognition.
  • We provide special benefits for vehicle purchasing and leasing.
  • We offer a Personal Automotive Concierge Service.

To learn more about the roles we offer, we have highlighted a few key positions.

We take pride in our achievements. Come and explore opportunities with us.

Role Responsibilities

The Finance / Sales Manager is accountable for ensuring the dealership achieves its unit sales targets and gross profit goals on a daily, monthly, and annual basis. This role also focuses on generating additional revenue through the sale of finance and insurance products to customers.

Key Responsibilities:

  • Prepare monthly projections for vehicle requirements by department for the upcoming 90-day sales period.
  • Establish monthly and yearly forecasts regarding unit sales, gross profit targets, and departmental profitability.
  • Facilitate the sale of financing and various finance and insurance products to customers.
  • Promote Extended Warranties and other aftermarket products.
  • Build and maintain strong relationships with multiple finance sources, both factory and independent.
  • Process paperwork and secure approvals from finance sources for all finance transactions.
  • Meet with each salesperson daily to review previous results and outline the plan for the day.
  • Conduct regular sales meetings.
  • Coordinate pre-delivery processes with the Service Manager.
  • Provide on-the-job training for sales staff.
  • Manage all rate quotations.
  • Verify all paperwork for accuracy regarding titles, lien information, taxes, etc., and set monthly objectives.
  • Log sales income and verify insurance with customer agents, obtain deposits, and confirm trade payoffs.
  • Adhere to all company safety policies and procedures, reporting any incidents to management immediately.
Qualifications

  • High school diploma or equivalent.
  • Ability to read and understand instructions and information.
  • Degree or equivalent experience in finance.
  • Familiarity with dealership finance and insurance protocols.
  • Prior professional sales experience is required.
  • Computer proficiency is preferred.
  • Professional appearance is essential.
  • Excellent communication skills are necessary.
  • All candidates must be authorized to work in the USA.
  • All candidates must perform their duties safely.
  • All candidates must demonstrate the ability to pass pre-employment screenings, including background checks, MVR, drug tests, credit reports, and possess a valid driver’s license.
Additional Information

Embarking on a career with us means making a significant move towards your professional goals. With our collaborative, team-oriented approach and over 1,000 internal promotions each year, the difference is clear. By joining our organization, you will benefit from comprehensive training, competitive compensation, and exceptional benefits. In summary, you will experience the best that a career in the automotive industry can offer.

All information will be kept confidential in accordance with EEO guidelines.