Finance Manager

Finance & Insurance Manager

About Us

Williams Auto Group is a family-owned group of automotive dealerships firmly committed to providing quality vehicles and exceptional service to our customers in a responsible andprofessional matter.

Essential Duties

· Protects gross profit by arranging financing so outside sources do not have an impact on selling margins.

· Establishes lender relations that tie the customer closer to the dealership.

· Generates additional income through the sales of credit insurance, vehicle service contracts, GAP coverage and maintenance plans.

· Maintains control of all paperwork until it is ready to be turned into the general office.

· Responsible for all paperwork involved with the sale of the vehicle, including obtaining customer signatures and securing payoff and insurance information.

· Converts cash deals to finance.

· Establishes and maintains good working relationships with several finance sources, including the manufacturer.

· Processes finance and lease deals accurately and fairly through financial sources to secure approval.

· Conducts business in an ethical and professional manner.

· Processes all federal, state and dealer paperwork related to vehicle transaction.

· Understands and complies with federal, state and local regulations that affect the new- and used-vehicle and finance departments.

· Completes paperwork necessary for vehicle sales and leases in a timely and efficient manner.

· Checks all paperwork for correct title, lien information, taxes etc., before forwarding to accounting.

· Acquires and maintains current state insurance license, completing continuing credit insurance education as needed.

· Provides customers with complete explanation of manufacturer and dealership service procedures and policies.

· Manages the alternative finance source program to ensure that several sources are available.

· Seeks insurance companies for insurance paper.

· Maintains insurance files.

· Sets up and maintains a program that will ensure 100 percent turnover to the F& I department.

· Provides sales force and sales managers with current information about finance and lease programs continually.

· Trains the sales staff regarding the benefits of financing, insurance and extended service programs.

· Works with sales managers to secure a reasonable profit from every sale.

· Coordinates finance forecasting with sales department forecasting to achieve desired levels of penetration and income.

· Ensures collection of all finance and insurance fees.

· Takes all credit applications.

· Prepares reports on finance penetration.

· Attends managers meetings.

· Handles all rate quotations.

· Develops and monitors guidelines for working with customers to ensure maximum customer satisfaction.

· Supervises and trains designated backup to ensure continued efficiency and profitability in the F& I manager's absence.

· Maintains an adequate and current supply of all required contracts and paperwork needed for completion and finalization of car deals.

· Maintains a professional appearance.

· Maintains a clean and professional work environment.

· Other tasks as assigned.

Skills and Qualifications

· Strong math skills.

· Organizational skills.

· Strong communication skills.

Educations and/ or Experience

· High school diploma or general education degree (GED).

CERTIFICATES, LICENSES, REGISTRATIONS

· AFIP certification.

BENEFITS

• 401(k)

• 401(k) matching

• Dental insurance

• Employee discount

• Flexible spending account

• Health insurance

• Life insurance

• Paid time off

• Professional development assistance

• Referral program

• Retirement plan

• Vision insurance

Job Type: Full-time

Pay: $120,000.00 - $190,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Schedule:

• 10 hour shift
• 8 hour shift
• Weekends as needed

Work Location: In person

Salary : $120,000 - $190,000