Finance Manager

Requisition ID
2017-1128
# of Openings
3
Longo Toyota of Prosper
US-TX-Prosper
Division
Sales

Overview

Looking to thrive in a demanding and fast pace environment, then look no further as we get ready to launch our newest location in Prosper, Texas!
The Finance Manager is responsible for the financial activity within the dealership as it relates to the financing of a vehicle and the sale of service contract and insurance products.

Responsibilities

  • Answers phones and assists guest with any routine and non-routine questions.
  • Communicates all callbacks to Sales Consultants and Sales Manager.
  • Reviews any problem transactions with General Manager.
  • Performs other administrative duties, as assigned by management.
  • Assists in all other areas of the finance department, as needed.
  • Provides excellent service to our guests.
  • Maintains a professional appearance at all times
  • Maintains high ethical standards in all actions.

 

Essential Duties include the following. Other duties and responsibilities may be assigned.

  • Do the right thing!
  • Protect the liability of the dealership.
  • Provides guest with thorough explanation of financing and leasing options and vehicle protection products.
  • Works alongside the General Manager to forecast goals and objectives for sales, gross profit, and expenses on a monthly and annual basis.
  • Ensures all monies are collected from receivables and returned checks; assists sales consultants in collecting down payments.
  • Submits paperwork to and obtains approval from finance sources on all finance/lease deals in a timely manner.
  • Ensures correct flow of documents from the Finance department to the Business Office and that deals are submitted to Business Office in a timely manner
  • Checks all paperwork for correct residual, commission, buy rate, title, lien information, taxes and DMV paperwork before forwarding to the Business Office.
  • Reviews vehicle deals for accuracy and missing documents.
  • Files and retrieves documents, records, and reports.
  • Prepares special reports, memoranda’s, transcribing, and word processing; composes letters and routine correspondence, and researches information.
  • Manages and maintains finance department schedules.
  • Establishes and maintains good working relationships with several finance sources including manufacturer’s captive lender.
  • Verifies insurance and obtains payoffs on trades with open liens.
  • Processes federal, state, and dealer paperwork related to vehicle transaction.
  • Follows through on contract discrepancies to ensure payment of loan.
  • Continually seeks new lending institutions to secure competitive interest rates and finance programs.
  • Enters and maintains individual deals in sold log and ensures deals are recorded promptly and correctly.
  • Meets monthly sales and guest satisfaction objectives set by management.

 

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Individual should possess:  

  • A high school diploma or equivalent; a college degree, desired;
  • A minimum of three (2) years sales experience; automotive finance experience preferred; proficient in Microsoft Office programs (Word, Excel, PowerPoint);
  • Knowledge of dealership financial statements; mathematical concepts (such as adding, subtracting, dividing, multiplying, and percentages) and their application; automotive finance; vehicle leasing concepts; equity values and depreciation; and laws that govern retail automotive sales;
  • Ability to coordinate activities with other employees and to oversee the work of subordinates; interview, train and develop employees; create and perform corrective actions and performance appraisals; use good judgment in challenging situations; read and comprehend instructions and information in the English language; pay attention to detail; learn and understand the federal, state, and local laws which govern retain auto sales; work well with the public; effectively present information to top management, public groups, and/or boards of directors; communicate in a professional manner on the phone, internet and in person; and use standard office equipment;
  • Must have a valid sales driver’s license and maintain an acceptable and safe driving record.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Individual will be required to:

  • Stand for long periods at a time.
  • Use hands and fingers in repetitive motions, daily.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Why Penske Motor Group

The #1 Toyota Dealer in the USA is coming to Texas! 

 

Penske Motor Group, PMG, owns and operates Toyota, Lexus and Mercedes-Benz automobile dealerships in Southern and Northern California, and soon in Prosper, Texas. 

Headquartered in El Monte, CA, PMG's flagship store, Longo Toyota, is the world's largest dealership and the #1 Toyota retailer in the U.S. since 1967 with a diverse workforce speaking over 40 languages and dialects. Longo Lexus serves as the #1 Lexus dealership in the Western U.S. since 1990 and Lexus of Stevens Creek, located in San Jose, CA is the #1 volume luxury retailer in Northern California. Mercedes-Benz of Marin, located in San Rafael, CA is a repeat recipient of the Best of the Best dealership award for excellence in sales, guest satisfaction, and service quality, presented only to the top 15% of dealers in the Mercedes-Benz retail network. 

PMG’s mission is to deliver amazing guest experiences that create lifetime partnerships. 

PMG employs over 1,200 team members across its locations in California and Texas. 

Our team strives to be your automotive dealer of choice for sales, service, parts, and collision repair.  But we won’t stop there. Community partnerships are also very important to us. With our goal to make a difference in the cities we live and operate. 

Longo Toyota of Prosper will open in the fall of 2017, with a new 61,000 square foot state-of-the-art facility on a 15-acre site along US-380, just west of the Dallas North Tollway. 
 

We are looking for the best and brightest to join our team!

Are you eager, well-rounded, and ambitious?

Do you value exceptional guest service?

Are you ready for the new adventure in your career?

Then apply with us today!

 

 RENDERING PROSPER

 

 

 

  

 

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