Finance Manager

Bakersfield, CA

Position Purpose

The Finance Manager is responsible for the timely completion, review and verification of all financing documents required to complete sales of new and Pre-owned vehicles and the final backstop in the deal process.

 Essential Duties and Responsibilities

· Processes financing documents in a timely and accurate manner for all sales

transactions performed at the assigned dealership.

  • Receipt in all sources of down payment funds and provide receipt to customer.
  • Count all cash with another manage present at all times.

·         Properly discloses financial information to customers and processes all paperwork in    accordance with State and Federal regulations.

·         Establishes and manages banking and lender relationships that result in competitive interest rates for all vehicle sales and leases.

·         Monitors performance and supports sales team.

·         Sells finance and insurance programs to new and Pre-owned vehicle customers.

·         Sells vehicle service contracts and aftermarket products such as Lojack, GAP, etc.

·         Provides sales staff and Sales Managers with current information and training about financing and lease programs.

·         Validates all BMWFS & BMWNA programs and incentives/rebates to ensure eligibility.

·         Explains financing documents, extended warranties, manufacturers and dealership’s service procedures and policies to customers to increase their understanding of the sales transaction, protections and services available.

·         Assist Finance Director with finance forecasting to achieve desired levels of penetration and income.

·         Manage Contracts in Transit” to less than five days.

·         Trains designated back-up to ensure continued efficiency and profitability in the Finance Directors absence.

·         Meets or exceeds monthly forecasted per vehicle retail average.

·         Meets or exceed all sales and customer satisfaction goals established. 

·         Accomplishes all current and future tasks as appropriately assigned or requested.

  • Adhere to work schedule and arrive at work before your scheduled start time and be at your work station productively engaged by the scheduled time.
  • Complies with all safety rules and use all appropriate safety and personal protection equipment as required.
  • Adhere to established dress code policy at all times.
  • Safeguard customer and Dealer information per established policy.
  • Exemplifies organizational culture and holds others in department accountable for doing the same.