What are the responsibilities and job description for the Automotive Finance Manager position at Gengras Volkswagen?
Job Title: Automotive Finance Manager
About Us: Gengras Motor Cars is a 3rd generation family business, serving Connecticut, Massachusetts and Vermont with new and used car dealerships, that focus on service, sales, parts and collision departments. We specialize in Volkswagen, BMW, Volvo, Chevrolet, Chrysler, Dodge, Jeep, Ram, Honda, Ford, and Subaru. The foundation of Gengras relies on our core values of Caring for Others, Passion, Continuous Growth, and Honesty and Integrity. At Gengras, we believe that "People Come First." If you are looking for a rewarding career in the auto industry, you will find what you are looking for here at Gengras Motor Cars.
Job Summary for F&I (Finance and Insurance) Manager:: We are looking for an F&I (Finance and Insurance) Manager to join our growing team! The right candidate will have a deep knowledge of dealership finance and insurance procedures and the ability to assist customers and close deals on additional product offerings.
Benefits for F&I (Finance and Insurance) Manager:
- Medical, Dental, and Vision Insurance
- Life and Disability Insurance
- 401(k)
- Paid Vacation (2 weeks starting on Day 1!)
- PTO 1 week
- Paid Holidays
- Paid Training
- Growth Opportunities
Responsibilities of F&I (Finance and Insurance) Manager:
- Provide recommendations and assistance to customers in order to arrange the financing of their purchases. Present customers with additional product offerings to enhance their vehicle and ownership experience
- Ensure sales are structured to produce the highest profitability
- Maintains proficiency and certifications as required for the position
- Accurately desks deals, submits deals to lenders for approval, makes credit decisions, and effectively closes deals
- Ensure every deal is fully aligned with local, state and federal guidelines
- Prepares paperwork, contracts and delivers deals
- Accurately audit team deals Post-Sale and deeply analyze for improvements
- Guarantee the expeditious funding of all contracts
Qualifications for F&I (Finance and Insurance) Manager:
- Eagerness to improve
- College degree preferred or equivalent experience
- Knowledge of dealership finance and insurance procedures
- Proficient at structuring deals for maximum profitability
- Well-versed in title laws and registration process
- Professional personal appearance and extraordinary verbal/written communication skills
- Expertise in negotiation and presentation skills
- Valid driver’s license
We are an equal opportunity employer and prohibit discrimination/harassment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws
Job Type: Full-time
Pay: $10,000.00 - $15,000.00 per month
Benefits:
- 401(k)
- Dental insurance
- Employee discount
- Health insurance
- Life insurance
- Opportunities for advancement
- Paid time off
- Paid training
- Vision insurance
Schedule:
- 10 hour shift
- Every weekend
Supplemental Pay:
- Bonus opportunities
- Commission pay
- Monthly bonus
Experience:
- Automotive Finance: 1 year (Preferred)
Ability to Commute:
- Plainville, CT 06062 (Preferred)
Work Location: In person
Salary : $10,000 - $15,000