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Finance Manager- Mercedes-Benz of Richmond

Job Title: Finance Manager


Location: Mercedes-Benz of Richmond, Richmond, VA


Company: Murgado Automotive Group


Salary Expectation: $150k per year


About Us: 

Mercedes-Benz of Richmond is a premier dealership dedicated to providing exceptional customer service and a luxurious automotive experience. We pride ourselves on our commitment to excellence and our passion for the Mercedes-Benz brand.

Job Description: We are seeking a highly motivated and experienced Finance Manager to join our team. The ideal candidate will have a strong background in automotive finance and a proven track record of success. As a Finance Manager, you will be responsible for overseeing all financial aspects of our dealership, ensuring compliance with financial regulations, and providing exceptional service to our customers.


Key Responsibilities:

Manage and oversee the finance department, including budgeting, forecasting, and financial reporting.

Develop and maintain relationships with financial institutions and lenders.

Assist customers with financing options and ensure a smooth and efficient financing process.

Ensure compliance with all state and federal regulations related to automotive finance.

Train and mentor finance team members to achieve departmental goals.

Collaborate with sales and service departments to maximize profitability and customer satisfaction.


Qualifications:

Minimum of 5 years of experience in automotive finance management.

Strong knowledge of financial regulations and compliance.

Excellent communication and interpersonal skills.

Proven ability to manage and lead a team.

Proficiency in financial software and Microsoft Office Suite.

High level of integrity and professionalism.


Benefits:

Competitive salary and performance-based bonuses.

Comprehensive health, dental, and vision insurance.

401(k) retirement plan with company match.

Paid time off and holidays.

Employee discounts on vehicles and services.

Opportunities for professional development and career advancement.


$150,000 - $200,000 a year
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Average salary estimate

$175000 / YEARLY (est.)
min
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$150000K
$200000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Finance Manager- Mercedes-Benz of Richmond, Murgado Automotive Group

Join the dynamic team at Mercedes-Benz of Richmond as our new Finance Manager! Located in the beautiful Richmond, VA, this role is perfect for an enthusiastic professional who thrives in a fast-paced automotive environment. At Mercedes-Benz of Richmond, we take pride in delivering exceptional customer service and maintaining the prestigious reputation of the Mercedes-Benz brand. As the Finance Manager, your day-to-day responsibilities will revolve around managing the finance department, overseeing budgeting, forecasting, and financial reporting to ensure everything runs smoothly. You’ll develop key relationships with financial institutions, guiding customers through their financing options to enhance their experience. Compliance is critical, and you will ensure our operations adhere to all financial regulations while mentoring a talented team and collaborating with sales and service departments to elevate profitability and customer satisfaction. With at least 5 years of automotive finance management experience under your belt, you're not just applying for a job; you're elevating your career with a company that values integrity, professionalism, and the continuous growth of our employees. We offer competitive salaries, performance-based bonuses, comprehensive benefits, and opportunities for professional development, making this an exciting move for someone ready to take the next step in their career!

Frequently Asked Questions (FAQs) for Finance Manager- Mercedes-Benz of Richmond Role at Murgado Automotive Group
What are the main responsibilities of a Finance Manager at Mercedes-Benz of Richmond?

As a Finance Manager at Mercedes-Benz of Richmond, your primary responsibilities will include overseeing the finance department to manage budgeting, forecasting, and financial reporting. You'll also develop strong relationships with financial institutions and assist customers in exploring their financing options, ensuring compliance with state and federal regulations throughout the process.

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What qualifications are needed for the Finance Manager position at Mercedes-Benz of Richmond?

To qualify for the Finance Manager position at Mercedes-Benz of Richmond, candidates should have a minimum of 5 years of experience in automotive finance management. A strong understanding of financial regulations and compliance, along with excellent communication and interpersonal skills, is also essential. Proficiency in financial software and Microsoft Office Suite is required, alongside proven leadership abilities.

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How does Mercedes-Benz of Richmond support professional development for Finance Managers?

Mercedes-Benz of Richmond strongly believes in the growth of its employees, providing various opportunities for professional development tailored to Finance Managers. This includes continuous training, mentorship programs, and the potential for career advancement within a supportive and progressive environment, ensuring that you excel in your finance career.

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What benefits can a Finance Manager expect at Mercedes-Benz of Richmond?

The benefits for a Finance Manager at Mercedes-Benz of Richmond are impressive. You can look forward to a competitive salary, performance-based bonuses, comprehensive health, dental, and vision insurance, a 401(k) retirement plan with company match, as well as paid time off and employee discounts on vehicles and services, enriching your overall experience with the company.

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What is the ideal work environment for a Finance Manager at Mercedes-Benz of Richmond?

The work environment for a Finance Manager at Mercedes-Benz of Richmond is highly collaborative and fast-paced. You will be surrounded by a team dedicated to providing exceptional customer service while driving profitability. The dealership values open communication, professionalism, and integrity, fostering a supportive atmosphere that aims to achieve both personal and company goals.

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Common Interview Questions for Finance Manager- Mercedes-Benz of Richmond
What experience do you have in automotive finance management?

Highlight specific roles or responsibilities you've held in automotive finance management, emphasizing results you've achieved in those positions, such as improved financial reporting or enhanced customer financing success.

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How do you ensure compliance with financial regulations?

Discuss your familiarity with financial regulations relevant to the automotive industry and your approach to ensuring compliance through team training, regular audits, and staying updated with regulatory changes.

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Can you describe a time when you successfully assisted a customer with financing options?

Share a specific example that outlines the customer's needs, the steps you took to find a suitable financing option for them, and how your support contributed to a positive customer experience.

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What strategies do you use to manage your finance team effectively?

Talk about your leadership style, emphasizing communication, mentorship, and providing clear expectations, as well as how you encourage professional growth among team members.

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How do you approach budgeting and forecasting in your role?

Explain your strategic approach to budgeting and forecasting, focusing on data analysis, market trends, and collaboration with other departments to project accurate financial outcomes that help drive success.

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What software tools and technologies are you proficient in?

List the financial software and tools you've used in the past, providing examples of how you've utilized them to improve financial management processes or reporting accuracy.

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How do you handle difficult financial conversations with customers?

Describe your approach to handling difficult conversations, focusing on empathy, active listening, and problem-solving skills to help customers understand their options and make informed decisions.

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What is your strategy for building relationships with financial institutions?

Discuss your successful strategies for establishing and maintaining relationships with financial institutions, highlighting those that have led to mutually beneficial partnerships for your dealership.

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How do you stay updated with changes in financial regulations?

Explain the methods you use to stay informed about financial regulations, such as attending industry conferences, being part of professional groups, or following relevant publications and websites.

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Why do you want to work as a Finance Manager at Mercedes-Benz of Richmond?

Share your enthusiasm for the Mercedes-Benz brand, your admiration for the dealership's commitment to customer service, and how your experience aligns with the values and goals of Mercedes-Benz of Richmond.

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Focuses on a core belief and mission statement: Our organization must have an unwavering commitment to the delivery of quality new and pre-owned vehicles by providing extraordinary service to the people we proudly and humbly call our clients.

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Full-time, on-site
DATE POSTED
December 15, 2024

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