What are the responsibilities and job description for the Automotive Finance Manager position at BOWDITCH FORD?
We are looking for a reliable Financial Manager that will analyze every day financial activities and subsequently provide advice and guidance to upper management on future financial plans. The goal is to enable the company’s leaders to make sound business decisions and meet the company’s objectives.
Responsibilities
Bowditch Ford is currently seeking a qualified Automotive Finance and Insurance (F&I) Manager to be a part of our amazing team. This is an incredible opportunity for an experienced professional who is excited about automotive F&I, with a strong focus on compliance requirements and product knowledge. We need a producer with above average results.
Job Responsibilities
- Contract new business, sell F&I products and close deals.
- Generate finance income on all sold customers.
- Check/verify paperwork involved with cash, finance or loan transactions.
- Contract or collect all money at closing.
- Seek bank approval on financed and leased deals.
- Maintain a working knowledge of leases.
- Assist in acquiring approval from lenders.
- Understand all programs and rate options offered by our lenders.
- Solicit extended warranty sales.
- Handle all cancellations for extended service contracts, GAP policies, etc.
- Minimize days for Contracts in Transit
- Close at 8pm on Weekdays and 6 pm on Saturdays, Closed Sundays
Previous Automotive Dealership Experience Required for Consideration
- A minimum of 2 years F&I experience.
Compensation
- We offer a generous compensation and benefits package
- Compensation is based on performance and is competitive with the retail automotive market.
- We are proud to offer a Work/Life balance, No Sundays, 5-day work week, 3-day weekend once per month.
Our company maintains a strong policy of equal employment opportunity for all associates. We hire, train, promote and compensate associates on the basis of personal and professional competence and potential for advancement without regard for race, color, religion, sex, national origin, age, marital status, disability or citizenship, as well as other classifications protected by applicable federal, state or local laws.Thorough knowledge of dealership procedures.
- Provide financial services to automotive customers; loan origination/approval.
- Analyze credit reports for credit worthiness and ability to purchase.
- Prepare required transaction documents and loan agreements.
- Ensure compliance with local, state, and federal regulations.
- Correspond with various other departments, discussing company plans and agreeing on future paths to be taken.
Skills
- Proven experience as a Financial Manager
- Proficient user of dealership software
- Amazing communication skills in both oral and written forms
- Ability to resolve all customer issues
- Strong interpersonal, communication and presentation skills
- Working knowledge of all statutory legislation and regulations
- BS degree in Finance, Accounting or Economics
Job Type: Full-time
Pay: $85,000.00 - $130,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Employee discount
- Health insurance
- Life insurance
- Paid time off
- Professional development assistance
Schedule:
- 10 hour shift
Work Location: In person
Salary : $85,000 - $130,000
