Finance Manager - Lexus Of Serramonte

Job Description

Summary:

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.

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 item

• 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.