Finance Manager - BMW of Denver Downtown
Momentum BMW · Denver, CO · 1 wk ago
Finance$200k–$375k/yrFull-time
Job Description
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.
- Make a monthly projection of the vehicle requirements by department for the immediate 90-day sales period
- Determine monthly and yearly forecasts in terms of 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 as early as possible every day to review yesterday’s results and today’s plan of action
- Conduct sales meetings and facilitate pre-delivery with the Service Manager
- Handle all rate quotations
- Check 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.
Preferred
- At least 3+ years of experience as a Finance 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.
Required
- 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.
Compensation
$200,000 to $375,000
Draw plus Commission
Meeting and exceeding sales and company goals
Schedule
Full Time
Monday through Saturday availability
Sundays off