What are the responsibilities and job description for the Automotive Finance Director position at Lexus of Wilmington?
Lexus of Wilmington, now a part of MileOne Autogroup, is now hiring a new team member to join as an F&I Director for our expanding Finance department. MileOne Autogroup is one of the largest automotive groups on the east coast, apply today to join our team!
Experience Everything MileOne has to Offer:
- Competitive compensation with unlimited earning potential $300,000
- Great opportunities for advancement
- Positive, success driven work environment
- State of the art CRM, Inventory management & Internet resources
- Large dealership inventories
Our MileOne Employee Advantage:
MileOne believes that taking care of our employees is the most important step in creating a positive workplace and a successful company. MileOne offers a number of exclusive benefits and programs that are designed to help our employees and their families succeed both at home and in the workplace.
MileOne Employee Advantage includes health and financial benefits, and training and mentoring. We also offer an Employee Purchase Program, the MileOne Support Fund: by Employees, for Employees, the NextMile Scholarship Program, an Employee Assistance Program and more.
Summary:
Our Finance Director will manage the finance process across our dealership by delivering an exceptional customer experience as well as oversee the Finance Managers.
Essential Duties:
- Forecast goals and objectives for the department and strive to meet them.
- Hire, train, motivate, and monitor the performance of all employees.
- Prepare and administer an annual operating budget.
- Implements aggressive marketing plan to increase F&I business.
- Monitor daily, weekly and/or monthly productivity and sales reports.
- Establish and maintain good working relationships with various finance sources.
- Seek new lending institutions to secure competitive interest rates and finance programs.
- Coordinate finance forecasting with sales department forecasting to achieve desired levels of penetration and income.
- Manage the alternative finance source program to ensure that several sources are available.
- Train the sales staff regarding the benefits of financing, insurance and extended service programs.
- Work closely with Sales Managers to establish Sales Department goals and objectives and ensure that they are achieved.
Qualifications:
- 3 Years of F&I dealership experience
- Local to the Wilmington, DE area
- Demonstrated leadership skills: coaching, motivating, and teambuilding
- Effective customer service skills
- Self-motivated, highly organized, good problem solver
- Strong influencing, negotiating and communication skills
MileOne Autogroup is an equal opportunity employer and we maintain a drug free work environment.
By applying for this job, you agree to receive email communication, as well as telephone and/or SMS text communications using an autodialer or otherwise, at the number you have provided. Message and data rates may apply; text STOP to opt out after receiving text communications.
Job Type: Full-time
Pay: $300,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Employee assistance program
- Employee discount
- Health insurance
- Life insurance
- Opportunities for advancement
- Paid time off
- Vision insurance
Experience:
- Dealership Finance: 3 years (Required)
Ability to Commute:
- Wilmington, DE 19806 (Required)
Work Location: In person
Salary : $300,000