• Finance Director - Longo Toyota of Prosper (Automotive)

    Requisition ID
    2018-1433
    # of Openings
    1
    Location Name
    Longo Toyota of Prosper
    Location
    US-TX-Prosper
    Division
    Sales
  • Overview

     

    Longo Toyota of Prosper is in the business of providing an exceptional guest experience during the car buying process using our Smart Way approach. We create lifetime guests by making your experience the way it should be -easy. One Price. Upfront. 0% Hassle. 100% Easy. Smart, right? 

     

    Longo Toyota of Prosper is looking for an exceptionally motivated and talented SPINNING Finance Director with a strong customer focus, strong process management and analytical skills. We’re looking for someone that can roll their sleeves up and help in all areas of the Finance department with an entrepreneurial spirit to support our future growth.  The Finance Director is responsible for ensuring guest retention and profitability by planning, organizing, and controlling the activities of the Finance department and measuring the performance of the team.  

     

     

    Responsibilities

     

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

     

    • Do the right thing!

     

    • Hires, trains, motivates, counsels, and monitors the performance of all Finance & Insurance Managers and entire Finance Department.

     

    • Responsible for producing additional revenue for the dealership by selling finance and aftermarket programs to new and used vehicle guests.

     

    • Directs and schedules the activities of all F&I Managers ensuring proper staffing at all times.

     

    • Works alongside Sales Managers to forecast goals and objectives for sales, gross, and key expenses on a monthly and annual basis.

     

    • Sets sales and gross objectives for F&I Managers as directed by the General Manager/General Sales Manager.

     

    • Assists sales person in collecting down payment and all monies in and ensures all monies are collected from receivables and returned checks.

     

    • Seeks new lending institutions to secure competitive interest rates and finance programs continually.

     

    • Provides guest with thorough explanation of aftermarket products and extended Service Contracts.

     

    • Provides guests with complete explanation of manufacturer and dealership service procedures and policies.

     

    • Submits paperwork to and obtains approval from finance sources on all finance deals in a timely manner.

     

    • Handles guests concerns that demand management’s attention tactfully, promptly, and with genuine concern for the guest’s problems.

     

    • Ensures that common guest inconveniences, concerns, and misunderstandings are dealt with fairly and quickly.

     

    • Communicates with Finance & Insurance Managers to ensure that dealerships policies and procedures are understood and followed.

     

    • Guides Finance & Insurance Managers in setting their objectives on a short and long-range basis.

     

    • Assists in development of programs of improvement for those employees who are failing to reach their objectives.

     

    • Coordinates financial transactions between Salespeople, Sales Managers, guests, and lenders.

     

    • Works closely with Sales Managers to ensure prompt delivery of every make able deal and reduce guest-waiting time.

     

    • Establishes and maintains good working relationships with guest, lenders and manufacturer.

     

    • Verifies insurance and obtains payoffs on trades with open liens.

     

    • Reviews and corrects all problem deals.

     

    • Process federal, state, and dealer paperwork related to vehicle transaction.

     

    • Follows through with contract discrepancies to ensure payment of loan.

     

    • Communicates all callbacks to Salespeople and Sales Manager.

     

    • Checks all paperwork for correct residual, commission, buy rate, title, lien information, taxes and DMV paperwork before forwarding to the business office.
    • Trains Sales people on financial products and leases, when needed.

     

    • Maintains high ethical standards in all actions. 

     

    • Maintains professional appearance.

     

    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; some college desired;
    • A minimum of three (3) years automotive Finance and Insurance experience; proficient in Microsoft Office programs (Word, Excel, PowerPoint);
    • Experience with Toyota and/or Toyota Financial Services (TFS) is highly desired;
    • 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.

     

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

    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 now in Texas! 


    Penske Motor Group, PMG, owns and operates Toyota, Lexus and Mercedes-Benz automobile dealerships in Southern and Northern California, and now 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 is 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

    Prosper logo

    Options

    Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
    Share on your newsfeed