His first films were Avalanche (1978) and Rock 'n' Roll High School (1979), with Corman. One of the first without Corman was the movie Airplane!, in which he was listed in the end credits as "generally in charge of a lot of things". Working with Dante, Finnell then produced the modest hit The Howling in 1981 and the blockbuster Gremlins in 1984. Dante and special effects designer Chris Walas have said Finnell's producing style was influenced by Corman. Namely, Finnell was very concerned about budgeting and wanted to make sure even cheap purchases contributed to the final film. The anecdote Walas told was of Finnell engaging in long phone calls over the purchase of a kitchen knife to be used in Gremlins.
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