What are the responsibilities and job description for the Automotive Finance Manager position at Mac Haik Dodge Chrysler Jeep Ram Temple, TX?
Work with a top level automotive dealership group supporting growth and development!
The Finance and Insurance (F&I) Manager executes finance and insurance contracting and product sales for the dealership. The F&I Manager is responsible for attaining unit sales objectives on a daily, monthly and annual basis through additional revenue production generated by selling finance and insurance products to customers.
Essential Duties and Responsibilities
- Offer and sell finance and insurance products including but not limited to financing,
special financing, extended warranties and aftermarket products.
- Attain monthly and annual budgeted product sales, gross profit objectives taking action
to meet or exceed department objectives.
- Ensure customer satisfaction throughout the F&I process.
- Adhere to dealership F&I policies and procedures established by the corporate office as
well as generally accepted industry principles.
- Compliance with local, state and federal regulations.
- Ensure applicable controls are in place to monitor F&I practices and to safeguard
dealership assets and customer data.
- Efficiently transition customers from sales to finance during the vehicle purchase process.
- Determine customer financing needs through consultative analysis.
- Present financing option quotes and products to enhance the customer’s ownership
experience.
- Stay informed of current product knowledge to effectively recommend financing options
and products to customers.
- Establish and maintain key relationships with lenders.
- Process finance transactions, lender approvals, contracts in transit to fulfill the
contracting process in a timely and efficient manner.
- Continued focus on achieving and maintaining above average F&I penetration rates for extended warranties, service contracts and additional products.
- Maintain professional personal appearance.
- Adhere to consistent and reliable work schedule.
- Demonstrate ethical business practices and integrity in all interactions to uphold the Mac Haik Automotive group brand.
- Effectively perform duties and responsibilities in a safe manner.
- Other duties as assigned.
Qualifications
- Experience as a F&I Manager or similar position in a dealership environment
- Ability to sell a minimum product quota according to dealership standards
- Bachelor’s degree in Finance or related field and/or equivalent experience
- Successful completion of pre-employment screening
- Authorization to work in the USA
- Valid Driver’s license and acceptable driving record
Job Type: Full-time
Pay: $100,000.00 - $170,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee discount
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Schedule:
- 10 hour shift
Ability to Commute:
- Temple, TX 76504 (Required)
Ability to Relocate:
- Temple, TX 76504: Relocate before starting work (Required)
Work Location: In person
Salary : $100,000 - $170,000