Finance Manager

We are seeking a strong finance that is highly motivated and detail orientated.

Job Title: Finance Manager; Insurance Manager

SUMMARY

Controls the Sale: The F&I manager’s job is to secure each sale and ensure that every vehicle sold is

delivered.

ESSENTIAL DUTIES

• Protects gross profit by arranging financing so outside sources do not have an impact on selling

margins.

• Establishes lender relations that tie the customer closer to the dealership.

• Generates additional income through the sales of credit insurance, vehicle service contracts,

GAP coverage and maintenance plans.

• Maintains control of all paperwork until it is ready to be turned into the general office.

• Responsible for all paperwork involved with the sale of the vehicle, including obtaining customer

signatures and securing payoff and insurance information.

• Converts cash deals to finance.

• Establishes and maintains good working relationships with several finance sources, including the

manufacturer.

• Processes finance and lease deals accurately and fairly through financial sources to secure

approval.

• Conducts business in an ethical and professional manner.

• Processes all federal, state and dealer paperwork related to vehicle transaction.

• Understands and complies with federal, state and local regulations that affect the new- and

used-vehicle and finance departments.

• Completes paperwork necessary for vehicle sales and leases in a timely and efficient manner.

• Checks all paperwork for correct title, lien information, taxes etc., before forwarding to

accounting.

• Acquires and maintains current state insurance license, completing continuing credit insurance

education as needed.

• Provides customers with complete explanation of manufacturer and dealership service

procedures and policies.

• Manages the alternative finance source program to ensure that several sources are available.

• Seeks insurance companies for insurance paper.

• Maintains insurance files.

• Sets up and maintains a program that will ensure 100 percent turnover to the F& I department.

• Provides sales force and sales managers with current information about finance and lease

programs continually.

• Trains the sales staff regarding the benefits of financing, insurance and extended service

programs.

• Works with sales managers to secure a reasonable profit from every sale.

• Coordinates finance forecasting with sales department forecasting to achieve desired levels of

penetration and income.

• Ensures collection of all finance and insurance fees.

• Takes all credit applications.

• Prepares reports on finance penetration.

• Attends managers meetings.

• Handles all rate quotations.

• Develops and monitors guidelines for working with customers to ensure maximum customer

satisfaction.

• Supervises and trains designated backup to ensure continued efficiency and profitability in the

F& I manager's absence.

• Maintains an adequate and current supply of all required contracts and paperwork needed for

completion and finalization of car deals.

• Maintains a professional appearance.

• Maintains a clean and professional work environment.

• Other tasks as assigned.

Job Type: Full-time

Benefits:

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

Schedule:

• 10 hour shift
• Weekends as needed

Supplemental Pay:

• Bonus opportunities
• Commission pay

Work Location: In person