Automotive Finance Manager

We're seeking an Automotive Finance and Insurance (F&I) Manager with subprime finance experience, who embodies our values and is eager to lead our F&I team. If you're a driven professional with a strong work ethic, looking to excel in your career in a thriving community, we want to hear from you.

Responsibilities:

• Lead F&I Operations: Oversee the finance and insurance processes, ensuring smooth transactions while maximizing dealership profitability.
• Convert Cash Deals to Finance: Engage with customers to present finance and insurance options, converting cash transactions where appropriate.
• Process Finance and Lease Deals: Accurately structure, process, and submit finance and lease deals to lenders, including subprime deals.
• Regulatory Compliance: Understand and comply with federal, state, and local regulations that affect new and used vehicle finance and insurance transactions.
• Documentation: Complete and review paperwork related to vehicle transactions, ensuring accuracy in titles, liens, taxes, and insurance requirements before forwarding to accounting.
• Contracts in Transit: Ensure contracts in transit are completed and funded within 7 days to maintain cash flow and lender relationships.
• Insurance Verification: Confirm that full-coverage insurance is in place for all vehicles sold before the customer leaves the dealership.
• Forecasting and Reporting: Coordinate finance forecasting with the sales department to align with dealership goals.
• Secure Profits: Collaborate with the sales team to ensure reasonable and ethical profits from each deal.
• Customer Satisfaction: Foster high levels of customer satisfaction through a transparent and professional finance process.
• Team Collaboration and Training: Provide leadership and training for the sales team on finance and insurance products and strategies as needed.

Qualifications:

• Experience: 5 years in automotive finance or sales, with subprime finance expertise required.
• Ethical and Detail-Oriented: Demonstrates high ethical standards and precision in managing finance processes.
• Leadership: Proven ability to lead, motivate, and train teams to achieve results.
• Knowledgeable: Strong understanding of automotive financing, lease structures, and regulatory compliance.
• Customer-Focused: Dedicated to upholding high customer satisfaction and improving CSI scores.
• Local Candidates Preferred: Candidates from the local area are strongly preferred. Relocation is considered only for those who commit to moving before starting, with no relocation assistance provided.

What We Don't Want:

• Inactivity: We're looking for proactive leaders who engage with the team and customers, not individuals who stay confined to their offices.
• Reluctance to Work Hard: If you're not prepared to meet sales and finance goals with consistent effort, this role is not for you.
• Unwillingness to Collaborate: This role requires active teamwork with sales managers, lenders, and customers to close deals successfully.
• Resistance to Learning: We value individuals who are adaptable and open to continuous improvement, not those resistant to feedback or change.
• Lack of Automotive Experience: Familiarity with automotive sales, finance, and subprime lending is critical for success in this position.

What We Offer:

• Competitive Compensation and Benefits: Medical, dental, 401(k), and more.
• Growth Opportunities: Clear pathways for career advancement within our thriving dealership.
• Confidential Application Process: Your privacy is our priority.

Join Our Team:

This is your opportunity to make a meaningful impact on our dealership's success while advancing your career as a Finance and Insurance Manager. If you thrive in a fast-paced, customer-focused environment and have the drive to lead by example, apply now!

Job Type: Full-time

Pay: $50,000.00 - $100,000.00 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
• Evening shift

Supplemental Pay:

• Commission pay
• Performance bonus

Experience:

• Automotive Sales Management: 5 years (Required)

Work Location: In person

Salary : $50,000 - $100,000