Finance Manager - BMW of Monrovia
Momentum BMW · Monrovia, MD · Yesterday
Finance$17/hrFull-time
Duties And Responsibilities
- 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
- Facilitate pre-delivery with the Service Manager
- Provide on the job training for salespeople
- Handle all rate quotations
- Check all paperwork for correct title, lien information, taxes, etc.
- Establish and meet monthly objectives
Qualifications
- A high school diploma or equivalent
- Ability to read and comprehend instructions and information
- Knowledge of dealership finance and insurance procedures
- Previous professional sales experience
- Computer knowledge preferred
- Professional personal appearance
- Excellent communication skills
Pay
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.