Finance Manager

About the role

Our Audi dealership in Pasadena is seeking a Finance Manager. In this position, you will contribute to the success of Paul Rusnak Management (PRM)/Rusnak Group by guaranteeing that the highest ethical standards and legal compliance in finance transactions are upheld, while achieving individual and franchise sales objectives in the strategic plan.

Responsibilities

• Effectively and efficiently manages finance processes; ensuring legal compliance, accuracy, fair treatment
• Maintains active knowledge of all current and pending state and federal legal compliance guidelines; understands and complies with Company, local, state, and federal regulations that pertain to the sale of new and used vehicles
• Consistently protects the Company from liability throughout the finance process; validates clients’ expectations; any disclosure required is reviewed with the client(s) and acknowledged by signature
• Ensures all documentation is accurately completed in a timely manner while consistently protecting client information
• Conducts all business in an ethical and professional manner
• Ensures integrity of transactions by completing all transactions in a timely manner; ensures all written and verbal representations are accurate and as intended
• Consistently ensures that all department files are current, neat, and secured at all times; ensuring full protection of client information
• Prior to delivery, verifies all aspects of the Sales Department’s deal structure, such as rate, residual, advance, and term; ensures that Vehicle Identification Number (VIN) is accurate; carefully and consistently reviews client’s credit profile to ensure our ability to secure a lending source at or below the rate being offered to the client
• Before forwarding to administration, carefully and consistently checks all paperwork for correct information such as title, lien information, and taxes
• Verifies payoff information on all trade-ins; verifies proper insurance coverage on all deals
• Assists the sales process through completion of the sale while ensuring all corporate finance goals are met on a departmental and individual level
• Encouraged and expected to generate additional revenue by negotiating gross profit, maintaining and improving reserves, and by selling aftermarket products and services through consistent use of the finance menu
• Leads by example and promotes excellent Sales Satisfaction Index (SSI)/Customer Satisfaction Index (CSI) scores
• Maximizes cash flow by getting funding packages to the General Manager (GM) as quickly as possible
• Maintains current knowledge of manufacturer’s policy, procedures, programs, and initiatives; adheres to these practices and integrates as required in all relevant client interactions
• Encouraged and expected to act upon day-to-day departmental decisions; however, must consult GM and/or Human Resources (HR) before implementation of major decisions
• Develops and consistently monitors sales financial goals (budgets), with GM & General Sales Manager (GSM)
• Analyzes market and franchise data to develop growth plan and identify areas of opportunity
• Consistently works with GSM to ensure that revenue targets are met
• Works closely with GSM to develop and implement cost control strategies
• On a weekly and monthly basis, monitors sales and profits
• Works closely with GSM to develop action plans to correct performance as required

Qualifications

• Minimum of 2 years in a position of Finance or similar positions in the automotive industry
• Bachelor’s degree in Business, Finance, Marketing or equivalent; two (2) years’ related and progressively responsible automotive retailer or Finance Manager experience preferred
• Current California driver license with satisfactory Department of Motor Vehicle driving record
• Current California Sales License
• Successful completion of finance training
• Excellent interpersonal and customer service skills
• Strong verbal and written communication skills
• At least eighteen (18) years of age

Benefits

• Professional development
• Competitive pay
• Comprehensive health coverage (Medical, Dental, Vision, Life, LTD)
• Employee Assistance Program
• 401(k) retirement plan
• Sick pay, vacation, and holiday pay
• Employee wellness program
• Flexible spending account
• Employee referral bonus program
• Employee discounts/perks

Pay

Commission-based: $100,000 – $200,000/year