Finance Manager
Our growing dealership is looking for experienced automotive finance managers to present financing options and opportunities to our car buyers and effectively support our sales team. The ideal candidate should have 1-5 years of experience and a proven track record of high performance as a finance and insurance manager. This role supports automotive sales by building relationships, following sales processes, and upholding the highest ethical standards. If you’re ready to help our team continue its track record of success, apply today!
Expectations Automotive Finance Manager
- Maintain a Highly Ethical and Compliant Department.
- Maintain dealership success index's on product sales.
- Carry a monthly PRU above $2,200
F&I Manager - Essential Duties
- Knows and implements dealership policies and procedures.
- Maintains a clean and organized office.
- Communicates all problem deals to management immediately.
- Addresses missing stipulations communicated from lender immediately.
- Adheres to a standard of professional ethics and is respectful to customers.
- Knowledgeable in state regulations regarding finance and the Fair Credit Reporting Act.
- Interacts with appropriate departments.
- Train and supervises sales staff of any changes in regulations and the Fair Credit Reporting Act.
- Structures deals in accordance with lender and dealership guidelines.
- Never intentionally misrepresents a deal.
- Books out deals accurately. Never misrepresents equipment.
- Performs credit interview, prepares credit application.
- Verifies accuracy of all material information on the credit application and submits to lender.
- Maintains confidentiality of customer information.
- Discloses financial information to customers.
- Sells credit insurance and service contracts.
- Maintains good lender relations.
- Maintains a lender guide of programs currently used and obtains a working knowledge of them.
- Evaluates new lender programs.
- Goes over deals with lenders. Works all deals diligently.
- Maintains current inventory log and makes recommendations to management.
- Helps move old inventory.
- Maintains a call-in log and contracts in transit log (funding package).
- Trains administrative personnel on assembling funding packages.
- Reviews funding packages prior to mailing.
- Shows and demonstrates vehicles when necessary.
- Designs and places advertising for special finance.
- Analyzes credit reports, able to recognize a conventional deal and turns over accordingly.
- Properly cost special finance deals (prepares profit sheets).
- Receipts deposits immediately.
- Other tasks as assigned.
- Establish and reach monthly finance and insurance manager goals for automotive sales, service contracts, customer service, and other key benchmarks
- Assess whether car buyers need financing and payment options before presenting them with appropriate auto finance plans
- Maintain the highest ethical standards serving as a finance director and/or manager who is committed to a high customer satisfaction index (CSI)
- Support the auto sales manager during each vehicle purchase and leverage opportunities to offer aftermarket products, service contracts, and insurance programs
- Abide by federal, state, and local regulations when preparing paperwork, finalizing financial transactions, setting interest rates, and working with lending institutions
- Manage inventory of finance department supplies, including bank, state, and auto dealership forms
Work Remotely
Job Type: Full-time
Pay: $150,000.00 - $288,600.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee discount
- Health insurance
- Life insurance
- Paid time off
- Retirement plan
- Vision insurance
Schedule:
- Monday to Friday
- Weekends as needed
Supplemental pay types:
- Bonus opportunities
- Commission pay
Work Location: In person