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Confidential
Peabody, MA | Full Time
$113k-149k (estimate)
1 Week Ago
SDL Search Partners
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Mavis Tire Supply
Peabody, MA | Full Time
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Automotive Finance Manager
Confidential Peabody, MA
$113k-149k (estimate)
Full Time 1 Week Ago
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Confidential is Hiring an Automotive Finance Manager Near Peabody, MA

We are a premium brand dealer north of Boston looking for an experienced Automotive Finance & Insurance (F&I) Manager. The ideal candidate must have a minimum of 2 years of experience in the automotive dealership finance department.

Responsibilities

  • Offer and sell product financing, warranty, and insurance to customers
  • Provide thorough explanation of aftermarket products and extended warranties to customers
  • Establish and maintain good working relationships with several finance sources, including the manufacturer, to secure competitive interest rates and financing programs
  • Ensure complete customer satisfaction to improve the profitability of the F&I department
  • Work closely with the sales department to secure good profit from each sale, both front and back gross
  • Process all federal, state and dealer paperwork related to vehicle transaction in a timely and efficient manner
  • Check all paperwork on both finance and cash deals to ensure title, lien, taxes, and other related delivery documents are accurate and complete
  • Prepare, submit, and file monthly penetration reports on finance penetration
  • Manage contracts in transits (CIT's)
  • Train and provide the sales team with current information on finance and lease programs and the benefits of the dealership's financing and extended service programs
  • Work closely with the general sales manager to establish sales department goals and objectives and ensure that they are achieved
  • Understand, keep abreast of and comply with federal, state and local regulations that affect vehicle sales

Qualifications

  • 2 years of experience in dealership finance
  • Must be available to work Saturdays
  • A college degree or equivalent experience in finance is preferred, but not required
  • Strong background in business, mathematics, marketing and computers
  • Strong customer service and follow-up skills
  • Excellent verbal and written communication skills
  • Strong computer skills
  • Valid driver's license with a good driving record

Benefits

  • Health, Dental & Vision Insurance
  • 401(k) Plan with Generous Company Match
  • Paid Time Off / Vacation Time
  • Life and Disability Insurance
  • Flexible Spending Account
  • Employee Discount
  • Family Oriented Culture

Job Type: Full-time

Pay: From $125,000.00 per year

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Disability insurance
  • Employee discount
  • Health insurance
  • Health savings account
  • Life insurance
  • Paid time off
  • Prescription drug insurance
  • Referral program
  • Retirement plan
  • Vision insurance

Schedule:

  • Day shift
  • Every weekend

Supplemental pay types:

  • Bonus opportunities
  • Commission pay
  • Monthly bonus
  • Performance bonus
  • Yearly bonus

Experience:

  • Dealership experience: 1 year (Preferred)
  • automotive finance management: 1 year (Preferred)

Ability to Relocate:

  • Peabody, MA: Relocate before starting work (Required)

Work Location: In person

Job Summary

JOB TYPE

Full Time

SALARY

$113k-149k (estimate)

POST DATE

06/17/2024

EXPIRATION DATE

10/13/2024

WEBSITE

michaelmabraham.com

SIZE

<25

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The following is the career advancement route for Automotive Finance Manager positions, which can be used as a reference in future career path planning. As an Automotive Finance Manager, it can be promoted into senior positions as a Finance Manager, Sr. that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Automotive Finance Manager. You can explore the career advancement for an Automotive Finance Manager below and select your interested title to get hiring information.

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