What are the responsibilities and job description for the Finance Manager position at Mazda of Columbia?
- This is an incredible opportunity for an experienced professional who is excited by automotive F&I with a strong focus on compliance requirements and product knowledge
- Proven ability to provide an exceptional customer experience
- Ability to set and achieve targeted goals
- Highly detail-oriented and organized
- Demonstrated communication, consultative, interpersonal and organizational skills
- Experience and desire to work with technology
- We need a leader who can train bright new talent and who is passionate about delivering the best customer service
- A minimum of 2years F&I experience is required
- Working in our no-haggle sales environment, the F&I Manager makes credit decisions, submits deals to our lenders for approval and helps bridge disconnects in the sales process
- Maintain CIT under 10 days
- Maintain PVR greater than $1500 with 35% VSC
- Welcome customers to the store and transition them from Sales to Finance during their vehicle purchase process
- Work directly with our employees and customers to develop relationships
- Determine customer financing needs and payment options based on a consultative interview process
- Present a fully transparent pricing menu to customers detailing their financing options and products
- Process finance transactions and ensure 100% compliance with all state and federal laws and regulations
- Follow up with customers to ensure satisfaction
- Build rapport with customers to create a base of referrals
- Set and achieve targeted sales goals
- Gain superior product knowledge to effectively help customers
- Ensure that all administrative processes are handled in a timely fashion and in compliance with company policy
- Provide an exceptional customer experience to drive loyalty
- Competitive compensation and 401k matching
- Enjoy a healthy work-life balance with insurance plans (health, dental, vision)
- Associate purchase and discount programs for new vehicles, services, parts, collision, and accessories
Job description
F&I Manager
Requirements:
• Works with GM to execute plans and reach sales goals
• Accurately desks deals, submits deals to lenders for approval, makes credit decisions, and effectively closes deals
• Ensure sales are structured to produce the highest profitability
• Support the sales team during negotiations and leverage opportunities for sale enhancements
• Coaches sales team and provides ongoing education to improve customer experience and closing rates
• Provides a thorough explanation of benefits that come with protection programs
• Explain the APR, finance charge, total sale price and other required disclosures on the contract
• Maintains good lender relationships and consistently establishes new connections
• Accurately audit team deals Post-Sale and deeply analyze for improvements
• Prepares weekly and monthly reports as required by management
• Responsible for the financial success of your location and employees