Sonic Automotive

Finance Manager - Philpott Motors

Sonic Automotive  •  Texas (Onsite)  •  3 hours ago
Apply
AI can make mistakes so check important info. Chat history is never stored.

Job Description

Company Description

Sonic Automotive is a Fortune 500 company that is transforming the way people shop for, buy and service their vehicles. Our talented team work together to ensure we provide an experience unmatched by our competitors.

Our associates are happy to work here because:

  • We boast the lowest turnover in the industry.
  • We provide award winning training (Training Magazine Top 125, and Brandon Hall Awards).
  • We are committed to developing and promoting within the company.
  • We are technology based - most jobs use IPads or IPhones that we provide.
  • Our benefits are extremely competitive with Medical, dental, vision, HSA, 401k and PTO.
  • We encourage peer to peer teamwork and recognition.
  • Special benefits to purchasing and leasing a car.
  • Personal Automotive Concierge Service.

If you want to find out more about the types of jobs we have here, we've highlighted a few.

We're proud of what we're doing here. Come and join us!

Job Description

Job Description

Summary:

The F&I Manager responsible for helping customers secure financing while maximizing dealership revenue through the sale of finance products, warranties, and other add-ons.

Duties & Responsibilities:

  • Present financing options and aftermarket products to customers in a clear and transparent manner.
  • Structure deals for maximum profitability while ensuring compliance with all regulatory guidelines.
  • Sell finance and insurance products, extended warranties, maintenance plans, GAP insurance, and more to increase PVR.
  • Secure financing through lender partners, submit credit applications, and gain approvals efficiently.
  • Maintain high closing ratios and consistent PVR performance.
  • Accurately complete all required paperwork and ensure timely funding of deals.
  • Maintain detailed knowledge of manufacturer programs, rebates, and lender guidelines.
  • Provide exceptional customer service and follow-up to build long-term relationships and referrals.
  • Collaborate with the sales team to ensure seamless delivery and a positive customer experience.
  • Stay up-to-date with compliance standards, including state, federal, and dealership policies.

Qualifications

2+ years of experience in automotive finance and insurance (F&I) management.

  • Proven track record of exceeding PVR goals and product penetration benchmarks.
  • Strong understanding of finance laws, contracts, and compliance regulations.
  • Excellent communication, negotiation, and presentation skills.
  • All applicants must be authorized to work in the USA.
  • All applicants must be able to demonstrate ability to pass pre-employment testing to include background checks, MVR, drug test, and have a valid driver license.

Qualifications

Compensation:

  • Draw / Uncapped Commission

Schedule:

  • FULL TIME
  • 5 days a week
  • Sundays off

Benefits:

  • Medical, dental, vision insurance
  • 401k plan with company match
  • Paid Time Off accrual
  • Sundays off
  • Closed for Thanksgiving day and Christmas day
  • Employee discounts on purchasing and leasing cars
  • Opportunities for career advancement within a Fortune 500 company

All your information will be kept confidential according to EEOC guidelines

Sonic Automotive

About Sonic Automotive

Sonic Automotive, Inc., a Fortune 500 company based in Charlotte, North Carolina, is on a quest to become the most valuable diversified automotive retail and service brand in America. Our Company culture thrives on creating, innovating, and providing industry-leading guest experiences, driven by strategic investments in technology, teammates, and ideas that ultimately fulfill ownership dreams, enrich lives, and deliver happiness to our guests and teammates. As one of the largest automotive and powersports retailers in America, we are committed to delivering on this goal while pursuing expansive growth and taking progressive measures to be the leader in these categories. Our new platforms, programs, and people are set to drive the next generation of automotive and powersports guest experiences.

Industry
Automotive & Mobility
Company Size
1,001-5,000 employees
Headquarters
Charlotte, North Carolina
Year Founded
1997
Social Media