Finance Director
Finance Director
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Salary Not Disclosed
1 Vacancy
Job Description
As the Finance Director at our dealership you will be responsible for overseeing all aspects of the dealerships finance and insurance (F&I) department. You will lead a team of finance managers to maximize revenue and profitability while ensuring compliance with regulatory requirements and maintaining high levels of customer satisfaction. Your strategic leadership and financial expertise will be instrumental in driving the success of our dealerships finance operations.
Responsibilities:
Leadership and Team Management:
- Recruit train and develop a high-performing team of finance managers and support staff.
- Set performance goals and objectives for the finance department and monitor progress towards achieving them.
- Provide ongoing coaching and support to finance managers to help them succeed in their roles.
- Foster a positive and collaborative work environment that encourages teamwork professionalism and excellence in customer service.
Finance and Insurance Sales:
- Oversee the dealerships finance and insurance operations including vehicle financing extended warranties and other F&I products.
- Develop and implement strategies to maximize revenue and profitability from F&I sales while maintaining ethical and compliant practices.
- Review and approve finance deals ensuring accuracy and compliance with lender guidelines and dealership policies.
- Monitor industry trends and regulatory changes to identify opportunities for revenue growth and process improvements.
Customer Relations:
- Build and maintain strong relationships with customers lenders and insurance providers to enhance the dealerships reputation and customer satisfaction.
- Address customer inquiries concerns and complaints related to financing and insurance resolving issues promptly and professionally.
- Ensure that customers receive transparent and accurate information about F&I products and services helping them make informed decisions.
Compliance and Risk Management:
- Ensure compliance with all relevant laws regulations and industry standards governing F&I operations including Truth in Lending Act (TILA) Regulation Z and Fair Credit Reporting Act (FCRA).
- Implement and enforce dealership policies and procedures related to finance and insurance sales ensuring consistency and integrity in all transactions.
- Conduct regular audits and reviews of F&I processes and documentation to identify and mitigate compliance risks.
Financial Analysis and Reporting:
- Analyze F&I performance metrics and financial data to assess departmental performance and identify areas for improvement.
- Prepare regular reports and presentations for dealership management providing insights and recommendations for optimizing F&I operations.
- Work closely with the dealerships accounting and finance team to reconcile F&I transactions ensure accurate financial reporting and support budgeting and forecasting activities.
- Join our team and lead our dealerships finance department to new levels of success and excellence!
Experience Desired:
A track record as a director of finance or other comparable position
Comprehensive understanding of corporate finance and accounting rules regulations and best practices
Sound financial analysis and forecasting skills
Competent with Microsoft Office and financial management programs (such as SAP)
A strategic mind with analytic skills
Excellent leadership and planning abilities
Outstanding interpersonal and communication skills
BSc/BA in accounting finance or a related discipline; an MA or MSc is preferred.
CPA certification or another comparable degree is a plus.
License:
Must maintain a valid in-state Drivers License and be considered insurable with the dealerships insurance policy.
What we offer:
Dental insurance
401(K)
Health insurance
Vision insurance
Paid Time Off
Paid Group Term Life Insurance
Paid Training to promote professional growth
Employee Assistance Program (EAP)
Supplemental Personal Accident Insurance
Physical Demands:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
Sit and/or stand interchangeably throughout the day.
Sit and/or stand for long periods at a time.
Use hands fingers and arms continually frequently and throughout the day.
Bend crouch crawl stoop and kneel continually frequently and throughout the day.
Operate and drive vehicles or equipment in a safe manner.
All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin disability or status as a protected veteran.Reasonable accommodation will be made to enable individuals with disabilities to perform the essential functions.
Required Experience:
Director
Employment Type
Full Time
