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Sonic Automotive, Inc

F&I Manager - Vernon Ford in Vernon, TX at Sonic Automotive

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.

$179,084 / year median in Texas

+16% projected growth

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Job Description

Job Snapshot Employee Type:
Full-time Location:
3405 U.S. 287 Vernon, TX 76384
Job Type:
Sales Experience:
Mid-Senior Level About Vernon Ford Sonic Automotive is a multi-billion dollar Fortune 500 company and one of the largest automotive dealer groups in the country with 100+ dealerships nationwide across 25 brands.
Annual Salary Range:
$100k-$200k Depending on Performance Compensation Draw /
Uncapped Commission 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. •Minimum of 3+ years of experience in automotive finance and insurance (F&I) management.•
Job Description 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. Minimum of 3+ 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.
Schedule :
FULL TIME
Sundays Always Off Saturday Availability Required Perks & Benefits:
Medical, Dental & Vision Insurance 401(k) with Company Match Paid Time Off that Grows with You Sundays Always Off Closed on Thanksgiving & Christmas Employee Pricing on Purchases & Leases Free & Discounted Gym Membership Options Exclusive Travel Deals on Hotels, Rentals & Airfare Career Growth in a Fortune 500 Company All your information will be kept confidential in accordance with EEO guidelines Apply Now