Finance Manager manages the daily financial activities and functions for an organization including accounting, budget, credit, insurance, tax, and treasury. Ensures all financial operations are in compliance with governmental rules and regulations. Being a Finance Manager forecasts and manages a cash flow that meets the needs of the company. Provides guidance to managers in financial reporting objectives and standards to ensure accurate, compliant and useful financial reporting is produced. Additionally, Finance Manager oversees the budget process and works with managers to produce and manage effective budgets. Acts as an advisor to management on regulations and other matters that may impact the financial activities of the company, engaging with outside consultants if applicable. Requires a bachelor's degree. Typically reports to a senior manager or director. The Finance Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Finance Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
Jones Honda in Lancaster, Pennsylvania is seeking a motivated and experienced Finance Manager to join our team in the Auto industry. This is a full-time position and the ideal candidate must have at minimum of 3 years of experience in a similar role. The Finance Manager will be responsible for overseeing the financial aspects of the dealership, including financing and insurance options for customers purchasing vehicles. As an individual contributor, the Finance Manager will work closely with customers, the sales team, and financial institutions to ensure a smooth and successful sales process.
Compensation & Benefits:
This position offers a competitive commission structure, with potential for high earnings based on performance. In addition, employees of Jones Honda receive a comprehensive benefits package including health and dental insurance, a 401(k) match, paid time off, and employer paid life insurance.
Responsibilities:
- Work closely with the sales team to identify potential financing options for customers
- Explain financing and insurance options to customers and help them choose the best fit for their needs
- Collect and submit necessary paperwork and documentation for financing and insurance processes
- Develop and maintain relationships with financial institutions and negotiate terms on behalf of the dealership
- Maintain accurate and up-to-date records of all financing and insurance transactions
- Ensure compliance with all federal and state laws and regulations related to financing and insurance in the auto industry
- Assist in training and coaching sales team members on financing and insurance processes
- Monitor and report on the dealership's financial performance and make recommendations for improvement
- Handle any issues or concerns related to financing and insurance in a timely and professional manner
- Collaborate with other departments to ensure a seamless and positive customer experience
Requirements:
- Bachelor's degree in Finance, Accounting, Business, or related field preferred
- Minimum of 3 years of experience in auto finance, preferably in a dealership setting
- Strong understanding of financing and insurance processes in the auto industry
- Excellent communication and negotiation skills
- Ability to work in a fast-paced and ever-changing environment
- Proficient in Microsoft Office and experience with dealership software preferred
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