Full-Time

Lead Business Office Associate

Posted on 9/6/2025

CarMax

CarMax

10,001+ employees

Used-car retailer with no-haggle pricing

Compensation Overview

$23.10 - $36.90/hr

Santa Rosa, CA, USA

In Person

Category
Operations & Logistics (1)
Required Skills
Customer Service
Requirements
  • 3 years of customer facing work (preferred experience)
  • 1 year of supervisory work (preferred experience)
  • Ability to create and maintain a positive work environment
  • Ability to delegate effectively
  • Ability to follow up
  • Ability to make decisions using independent and sound judgment
  • Ability to resolve customer and associate issues
  • Ability to read, interpret and transcribe data in order to maintain accurate records
  • Understanding of numeric filing system
  • Intermediate PC skills including word processing and spreadsheet programs
  • Ability to multi-task in a high energy, fast-paced work environment
  • Ability to lift objects that weigh as much as 15-20 lbs
  • Effective speaking and listening skills in dealing with internal and external customers in person and over the phone
  • Completion of CarMax provided training on the functional areas of the Business Office
Responsibilities
  • Mentors Business Office Associates, assisting them with development and training
  • Assists store personnel and all store departments in their daily functions while adhering to CarMax guidelines
  • Participates in the rotation of the 'Manager on Duty' role – responsible for delegating and directing the business office work flow, answering questions related to transactions, handling customer issues/concerns and following up on delegated business office work tasks
  • Delegates and follows up on various Business Office tasks
  • Provides customer service by listening, answering customer questions and explaining paperwork process
  • Processes paperwork associated with retail automobile sales including printing daily reports, maintaining deal jackets, contacting finance companies regarding contracts, obtaining required information regarding registration and titling, and auditing completed paperwork
  • Processes paperwork associated with an appraisal lane purchase including title collection calls and follow up, obtaining proper paperwork and signatures from customers and sending appropriate documentation to Corporate for funding of drafts
  • Manages cash including receiving and counting money, distributing funds, preparing deposits and handling of the safe with considerations to security
  • Processes paperwork affiliated with the state DMV. This includes submitting paperwork necessary to title and register a vehicle for a customer after the sale
  • Clerical responsibilities including copying, filing and answering phones
  • May assist in hiring process by attending job fairs and performing interviews in partnership with a manager

CarMax buys used cars from individuals and auctions, reconditions them to high standards, and sells them at fixed no-haggle prices. Customers can browse inventory, get appraisals, and complete purchases online or in-store, with financing options and extended service plans available. It stands out by offering transparent, fixed pricing, a technology-enabled shopping experience, and being the largest used-car retailer in the United States. Its goal is to provide a straightforward, trustworthy car-buying experience and to maintain leadership in the U.S. used-car market.

Company Size

10,001+

Company Stage

IPO

Headquarters

Richmond, Virginia

Founded

1993

Simplify Jobs

Simplify's Take

What believers are saying

  • Starboard Value's $350 million stake pushes dynamic pricing and $300 million overhead cuts.
  • CEO Keith Barr, effective March 16, 2026, drives e-commerce upgrades from IHG success.
  • Free cash flow hit $1.11 billion in Q4 2025, funding four new FY2027 stores.

What critics are saying

  • Carvana captures share with superior digital model; KMX stock down 37% in 12 months.
  • Gross profit per vehicle drops 8.9% in Q4 2026, declining further in FY2027.
  • Starboard nominates Jeff Smith and Bill Cobb to board on March 11, 2026, forcing changes.

What makes CarMax unique

  • No-haggle pricing ensures transparent, stress-free used car purchases.
  • Omnichannel model combines 250+ stores with online sales capabilities.
  • High-quality reconditioning standards create reliable vehicle inventory.

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Benefits

Professional Development Budget

Flexible Work Hours

Company News

Waco Tribune-Herald
Apr 25th, 2026
PHOTOS - Baylor fan fest fun.

PHOTOS - Baylor fan fest fun. * 12 hrs ago * 0 Texas Attorney General Ken Paxton will replace Donald Trump Jr. as a speaker at Wednesday's Turning Point USA event at Baylor University, The... Joyland, an indoor playground for young children, is the latest addition to the shopping center, set to join Academy, Gold's Gym and another n... Manhattan Project Beer Co. is slated to open a brewery, taproom, restaurant and coffee bar next to Foster Pavilion next year, with the Waco Ci... Waco incumbent Mayor Jim Holmes faces two challengers in the May 2 municipal election in caregiver Aiden Morgan and former teacher David Howar... CarMax has closed on land for a Waco store. Fuel prices continue a wild ride. A sales tax holiday is coming up, and more Waco-area business news.

Yahoo Finance
Apr 14th, 2026
CarMax shares drop 12% as profit per vehicle set to decline 8.9%

CarMax shares fell 12% in premarket trading after management warned that profit per retail vehicle would continue declining whilst expanding cost-cutting plans. The company expects retail gross profit per unit in fiscal 2027 to fall at a similar pace to the fourth quarter's 8.9% decline. CarMax is raising its sales, general and administrative expense reduction target to $200 million by end of fiscal 2027, up from $150 million. Capital spending will be cut to approximately $400 million in fiscal 2027, roughly $140 million below the previous year. The company faces intensifying competition from online-focused Carvana and traditional dealerships. Fourth-quarter results showed comparable used-vehicle sales declined 1.9%, beating the 4.7% expected drop, whilst gross profit per used vehicle reached $2,115, above the $2,050 consensus estimate.

Yahoo Finance
Apr 14th, 2026
CarMax beats expectations with 34 cents per share earnings despite $120.7M Q4 loss

CarMax reported a fiscal fourth-quarter loss of $120.7 million, or 85 cents per share. However, adjusted earnings reached 34 cents per share, surpassing Wall Street expectations of 22 cents per share. The Richmond, Virginia-based used car dealership chain posted quarterly revenue of $5.95 billion, exceeding analyst forecasts of $5.77 billion. For the full year, CarMax reported profit of $247.3 million, or $1.68 per share, with revenue of $25.88 billion. The results beat expectations despite the quarterly loss, demonstrating stronger-than-anticipated performance in both earnings and revenue metrics.

Yahoo Finance
Apr 13th, 2026
CarMax Q1 results due Tuesday as analysts expect 4.6% revenue decline

CarMax, a used automotive vehicle retailer, will report Q1 results on Tuesday before the bell. The market expects revenue to decline 4.6% year-on-year, reversing the 6.7% increase recorded in the same quarter last year. Last quarter, CarMax beat revenue expectations with $5.79 billion, down 6.9% year-on-year, whilst exceeding analysts' EPS and EBITDA estimates. However, the company has missed Wall Street's revenue estimates multiple times over the past two years. Analysts have largely reconfirmed their estimates over the last 30 days. CarMax shares have risen 12.2% over the past month, outperforming the automotive and marine retail segment's 3.3% average gain. The current share price of $46.79 sits above the average analyst price target of $40.92.

Yahoo Finance
Mar 27th, 2026
CarMax's new CEO Keith Barr prioritises tech upgrades to improve customer experience and compete with Carvana

CarMax's new CEO Keith Barr has outlined three priorities for fiscal year 2027, with technology upgrades at the forefront. The 55-year-old executive, whose appointment took effect on 16 March, emphasised updating the used-car retailer's e-commerce platform to improve customer experience and compete with rivals like Carvana. Barr's other priorities include making CarMax "the obvious choice" through competitive pricing and exceptional user experience, and acting with urgency to change what isn't working. His focus on technology mirrors his previous role as CEO of InterContinental Hotels Group from 2017 to 2023, where he modernised digital systems. Major shareholder Starboard Value LP has criticised CarMax's digital trade-in process as cumbersome compared to competitors, urging a more streamlined approach with fewer steps and instant valuations.

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