Demo

Finance Manager

Acton Toyota Of Littleton
Littleton, MA Full Time
POSTED ON 3/3/2025
AVAILABLE BEFORE 5/3/2025

MINIMUM REQUIREMENT:

2 YEARS EXPERIENCE IN AUTOMOTIVE AS A FINANCE/SALES MANAGER

Job description

ESSENTIAL DUTIES:

· Be available for the finance and insurance turnover of every retail customer, both new and used.

· Work closely with sales management to secure a good profit from each sale, both front and back gross.

· Submit credit for financing and approval

· Oversee the accurate completion of deal paperwork; check all paperwork on both finance and cash deals to ensure title, lien, taxes, and other related delivery documents are correct.

· Log income, verify insurance with customer’s agents, obtain deposits, collect down payments, verify trade payoffs, etC.

· Sell Extended Warranties and all other aftermarket items (i.e., gap insurance, tire and wheel protection, service contracts); provide customers with a thorough explanation of aftermarket products and extended warranties and a complete explanation of manufacturer and dealership service procedures and policies.

· Load and print out all paperwork necessary to complete the transaction, complete the e-contract process when applicable

· Package deals; separate all paperwork into 4 sections, accounting, motor vehicle, trade, and banking

· Ensure the customers leave the dealership with a clean understanding of their transaction: answer questions as they arise and when necessary, get information from other departments to accurately answer customer inquiries

· Train and provide the sales team with information on finance and lease programs and the benefits of the dealership’s financing and extended service programs.

· Seek out and secure financial sources to purchase finance paper directed by the General Sales Manager.

· Prepare and maintain the daily operating log; monitor control of the appointment log and daily delivery log, manage the F&I board

· Be responsible for all rate questions; answer incoming calls from customers, banks, etc…

· Maintain a record of finance and insurance fees due to the dealership and ensure its collection.

· Work with service department to provide additional warranty information as necessary

· Establish and maintain a good working relationship with several finance sources, factory and otherwise

· Keep general manager and sales manager apprised of all special programs sponsored by any financial source

· Train and develop salespeople to become better at the F&I presentation; train sales associates on vehicle knowledge through weekly “walk arounds.”

· Maintain a thorough knowledge of the policies and procedures of the sales department

· Understands and complies with federal, state and local regulations that affect the new and used vehicle and finance departments.

· Ensure dealership receives money from customers or funds from banks for deals

· Make copies of forms and fax to appropriate parties

· Handle any warranty cancellations; sit with customer and have them complete cancellation form, odometer statement and all supporting paperwork

· Pull warranties from deals that were cancelled; remove all corresponding paperwork, complete the warranty cancellation request and fax, give copies to office manager for records

· Assist with resolving issues on the discrepancy log; chase paper, follow up on miscellaneous outstanding items

· Check Route One periodically for held deals; resolve outstanding issues to get the deals funded

· Make sure contracts in transit are reduced to a minimum; investigate and resolve any issues to ensure funding from financial institutions

MARGINAL DUTIES:

· Seek new lending institutions and maintain good working relationships to secure competitive interest rates and financing programs

· Maintain Customer Satisfaction Index rating at least comparable to that of the manufacturer, zone or branch average.

· Meet or exceed monthly sales goals as set by manager

· Cooperate with all other dealership personnel necessary to guarantee quality service.

· Complete ongoing training as specified by trainer/manager

· Handle customer complaints with integrity and poise and, when necessary, refers dissatisfied customer to manager for resolution

· Assist sales managers when necessary

QUALIFICATIONS:

· Degree or commensurate experience in finance.

· Knowledge of dealership finance and insurance procedures.

· Professional personal appearance.

· Excellent communication skills and interpersonal skills.

· Background in business, mathematics, marketing, and computers is helpful

Job Type: Full-time

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Employee discount
  • Health insurance
  • Paid time off
  • Vision insurance

Job Type: Full-time

Pay: $200,000.00 - $250,000.00 per year

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Employee discount
  • Health insurance
  • Paid time off
  • Vision insurance

Work Location: In person

Salary : $200,000 - $250,000

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a Finance Manager?

Sign up to receive alerts about other jobs on the Finance Manager career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$131,172 - $174,437
Income Estimation: 
$173,200 - $238,103
Income Estimation: 
$131,172 - $174,437
Income Estimation: 
$173,200 - $238,103
Income Estimation: 
$173,200 - $238,103
Income Estimation: 
$183,855 - $273,017
Income Estimation: 
$183,855 - $273,017
Income Estimation: 
$266,435 - $399,322
Income Estimation: 
$110,891 - $149,476
Income Estimation: 
$131,172 - $174,437

Sign up to receive alerts about other jobs with skills like those required for the Finance Manager.

Click the checkbox next to the jobs that you are interested in.

  • Corporate Finance Skill

    • Income Estimation: $173,200 - $238,103
    • Income Estimation: $183,855 - $273,017
  • Financial Management Skill

    • Income Estimation: $135,693 - $203,389
    • Income Estimation: $146,683 - $194,493
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at Acton Toyota Of Littleton

Acton Toyota Of Littleton
Hired Organization Address Littleton, MA Full Time
At Acton Toyota of Littleton, we are committed to providing an exceptional consumer experience and we know that starts w...
Acton Toyota Of Littleton
Hired Organization Address Littleton, MA Full Time
Responsibilities - Greet customers in a friendly and professional manner. - Drive and park vehicles safely and efficient...

Not the job you're looking for? Here are some other Finance Manager jobs in the Littleton, MA area that may be a better fit.

Finance Manager

Curriculum Associates, North Billerica, MA

Manager, Finance

Thermo Fisher Scientific, Tewksbury, MA

AI Assistant is available now!

Feel free to start your new journey!