Experienced Finance Professional for Powersports

6 days ago

Eden Prairie, Minnesota, United States Simply Ride Full time
Job Overview

Simply Ride, a leading used motorcycle dealership in Eden Prairie, Minnesota, is seeking a highly skilled Finance Manager to join our team.

Compensation Package

We offer a competitive compensation package consisting of a base salary plus commission on Finance Products (back end) and Major Unit Gross Profit (front end), considering position and career experience. Estimated annual salary: $80,000 - $120,000.

Job Description

The Finance Manager will play a critical role in assisting customers with financing options, securing loans, selling various financial protection products, and providing financial guidance. This position requires someone with a strong background in vehicle finance, financial product sales, customer service, and an ability to work in a fast-paced, high-energy environment.

Primary Responsibilities Include:

  • Assist Sales Manager in training Salespeople on the Finance Process and work closely with the Sales Manager to close and manage all sales deals in an accurate and timely manner.
  • Assist Sales Team on managing deals with finance companies.
  • Manage Simply Ride retail loan candidates and ongoing collections.
  • Manage & complete the repossession process if necessary.
  • Ensure Simply Ride complies with Red Flag, Adverse Action, and other Federal requirements.
  • Cultivate and maintain relationships with lenders.
  • Be familiar with and sell financial products such as GAP, ESC, Tire/Wheel/Roadside, Theft, etc.
  • Accurately prepare, review, and submit all finance-related documentation, ensuring accuracy and adherence to legal requirements, including title and registration paperwork, warranties, protection plans, and gap insurance to add value to customers' purchases.
  • Prepare and submit regular and timely finance reports to management, providing insights on loan approvals, F&I product sales, and finance-related performance metrics.
  • Assist the General Manager, Sales Manager, and other leadership as needed.
Requirements

To be successful in this role, you should have:

  • A High School Diploma or GED.
  • Minimum of 2 Years vehicle dealership experience.
  • MUST BE comfortable communicating with people in-person, over the phone, and email.
  • Finance experience preferred, but training will be provided for the right candidate(s).
  • Sales experience is preferred, but training will be provided for the right candidate(s).
  • Knowledge of powersports, especially motorcycles, and the commitment to continually develop knowledge related to the function and the industry.
  • Be able to work in a fast-paced retail environment.
  • Must be able to self-manage.
  • Work hours and days are on-site and Tuesday – Thursday 10am to 6pm, Friday 10am to 5pm, and Saturday 10am to 4pm.
Preferred Qualifications

Prioritize applying if you have:

  • Valid motorcycle endorsement or prior powersports experience.
  • Participate in Powersports Events/Activities.
  • 4-years of experience in a vehicle dealership environment in the finance function.
  • Passionate, motorcycle enthusiast.
  • Maintain a high level of personal and professional integrity and confidentiality.
  • 2 year or 4-year college degree preferred.
Benefits

We offer:

  • Health benefits.
  • IRA Match (similar to 401k).
  • Discounts on powersports parts, accessories, and service for your bike.

In addition to our competitive compensation package, we provide opportunities for career advancement and a supportive work environment.

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