What are the responsibilities and job description for the Finance Manager position at Sullivan Group?
- Communicates all problem deals to management immediately.
- Addresses missing stipulations communicated from lender immediately.
- Adheres to a standard of professional ethics and is respectful to customers.
- Knowledgeable in state regulations regarding finance and the Fair Credit Reporting Act.
- Interacts with appropriate departments.
- Train and supervises sales staff of any changes in regulations and the Fair Credit Reporting Act.
- Structures deals in accordance with lender and dealership guidelines.
- Never intentionally misrepresents a deal.
- Books out deals accurately. Never misrepresents equipment.
- Performs credit interview, prepares credit application.
- Verifies accuracy of all material information on the credit application and submits to lender.
- Maintains confidentiality of customer information.
- Discloses financial information to customers.
- Sells credit insurance and service contracts.
- Maintains good lender relations.
- Maintains a lender guide of programs currently used and obtains a working knowledge of them.
- Evaluates new lender programs.
- Goes over deals with lenders. Works all deals diligently.
- Maintains a call-in log and contracts in transit log (funding package).
- Reviews funding packages prior to mailing.
- Analyzes credit reports, able to recognize a conventional deal and turns over accordingly.
- Properly cost special finance deals (prepares profit sheets).
- Receipts deposits immediately.
- Other tasks as assigned.
- Prepares weekly and monthly reports as requested by management.
Summary
As a Finance Manager, you will be responsible for overseeing financial operations within the dealership, ensuring compliance with TILA regulations, and facilitating loan processing. Reporting to the General Manager, you will leverage your core skills in credit analysis and negotiation to enhance customer relationships and drive sales. Your premium experience in financial services and customer relationship management will be vital in optimizing financial performance. Additionally, your relevant skills in contracts and financial software will support efficient operations, making you an essential part of our team in delivering exceptional financial solutions.
Qualifications
- Proven dealership experience in a finance role
- Strong negotiation and customer service skills
- Proficiency in loan processing and understanding of TILA regulations
- Experience with credit analysis and financial services
- Familiarity with contracts and financial software
- Ability to manage customer relationships effectively
- Basic math skills and 10 key typing proficiency
- Background in automotive sales is a plus
Job Type: Full-time
Benefits:
- 401(k)
- Dental insurance
- Disability insurance
- Employee discount
- Health insurance
- Life insurance
- Paid time off
- Retirement plan
- Vision insurance
Supplemental Pay:
- Commission pay
Work Location: In person