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La City Cars - La Puente

Automotive Finance Director, Subprime, Dealer Group

Career Insights for Vice President / Director of Finance

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What they do

A Vice President or Director of Finance manages the daily financial activities of a company or organization. Oversees accounting, bookkeeping, accounts receivables and payables, and financial administration.

$211,421 / year median in California

+2% projected growth

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Job Description

Automotive Finance Director, Subprime, Dealer Group La City Cars - La Puente - 1.0 Inglewood, CA Job Details Full-time $10,000 - $20,000 a month 1 hour ago Benefits Paid time off Qualifications Spanish Management Automotive financing products Finance English Contracts Automotive financing options Full Job Description Job title Finance Director, High Volume Subprime Store, Eight Rooftop Dealer Group Location La City Cars, 817 N La Brea, Inglewood, CA 90302 Pay $8,000 to $10,000 per month base salary plus monthly bonus on total store gross. Realistic all in earnings of $12,000 to $20,000 per month at current volume, with real upside as volume grows. Job description LA City Cars is the Los Angeles flagship of Northeast Auto Holdings, an eight rooftop dealer group operating in California, Pennsylvania, New York, South Carolina, and Florida. The group includes four new car franchise stores, Chevrolet and Chrysler Dodge Jeep Ram, and four high volume pre owned stores. We are privately owned, growing, and acquiring. Inglewood is our biggest used car engine. We deliver about 120 units a month, most of it subprime and near prime through Westlake, CPS, Santander, Capital One, Lendbuzz, AmeriCredit, Veros, Global, and a deep bench of credit unions. We run our own body shop and reconditioning, our own BDC, and a second Los Angeles rooftop in La Puente. The volume is here. The leads are here. The inventory is here. What is not here yet is you. The opportunity We eliminated the traditional F&I box and moved to hybrid desk managers who structure and close their own deals. It made us faster on the floor and it left a hole behind the desk. Deals are getting sold faster than they are getting funded. We are looking for the Finance Director who sees a store doing 120 a month with a funding problem and understands that is not a problem, that is a paycheck. This is a leadership seat, not a chair. You will own everything that happens to a deal after the customer says yes: getting it bought, getting it contracted, getting it funded, getting it posted. You will work directly with the General Manager and with ownership, not through three layers of management. The person who fixes funding at Inglewood is the person the group looks to as we add stores. What you will own Rehash and restructure on every deal the desk cannot get bought. You get on the phone with the buyer and change the outcome. Every delivered deal contracted correctly within 24 hours. Stipulation follow up and lender relationships on every open deal. You run the daily funding board and know every deal by name. Contracts in transit under 10 days average and nothing over 30 days without a written reason. Deals finished and posted to accounting promptly and accurately. Unwinds and cancellations submitted the same day a deal dies. Leadership of the F&I Assistant who handles the funding log, welcome calls, and insurance follow up.
Compliance on every file:
correct disclosures, signed menus, clean paperwork. How you get paid, and why Base salary plus a monthly bonus on the total gross of the store, front and back combined. No separate back end or reserve commission. Bonuses are gated on contracts in transit, so speed to funding is how you earn. We built it this way on purpose. Nobody here makes money by moving gross from the front of the deal to the back, and the desk is paid on the same number you are, which means every manager in the building wants you on their deal. If you are the F&I Director who has been carrying a store on your funding skill while someone else took credit for the numbers, this is the seat where that skill is the whole job. What we need from you At least three years as an F&I Manager, Finance Director, or Funding Manager at a subprime or high volume independent store. Deep working knowledge of subprime lender programs, stips, and rehash. A track record you can show us on days to fund and contracts in transit. We will ask for it. Comfortable with Dealertrack, RouteOne, and a DMS. Autosoft experience is a plus. Organized, direct, and unafraid to tell a desk manager a deal is not done. Bilingual English and Spanish is a plus. Able to work in person in Inglewood including Saturdays. What you get A base salary paid regardless of gross. A store doing real volume with real lender relationships already in place. Direct access to the General Manager and ownership. A dealer group with eight rooftops, four franchises, and a growth path for the people who perform. Health benefits, paid time off, and a professional environment. To apply, submit your resume and answer the screening questions. We verify everything.
Pay:
$10,000.00 - $20,000.00 per month
Work Location:
In person

Benefits

  • Paid Time Off (PTO)
  • Dental Insurance