Finance Manager - Mercedes-Benz of Austin
Finance Manager - Mercedes-Benz of Austin
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Job Description
Mercedes-Benz of Austin is looking for an additional Finance Manager. The Finance Managers job is to secure each sale and ensure that every vehicle sold is delivered. This person must be motivated in customer service and extremely detail oriented.
Essential duties include but are not limited to:
- 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 finance 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.
- Responsible for ensuring all contracts get funded within a timely manner.
- Manage/review contracts in transit daily.
- Answer all customer phone calls related to cancellations trade ins. Answer all calls from lenders regarding delayed funding and answer all calls from accounting related to chargebacks and deal adjustments.
- Responsible for collecting verifying and receipting all down payments.
- Responsible for issuing and keeping track of all new license plates and transfers.
- Responsible for all regulatory checks involving ofac redflags and fraud prevention.
- Ensures Collection of all finance and insurance fees.
- Attends managers meetings.
- Handles all rate quotations. Develops and monitors guidelines for working with Customers to ensure maximum customer Satisfaction.
Qualifications:
- Minimum 3 years as a full-time automotive finance manager.
- Highline experience is preferred but not mandatory.
- Proven track record as a top performing finance manager.
- Prior experience and is familiar with CDK dealertrack CUDL Darwin and E-contracting.
- 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.
- Must have held a valid drivers license for at least 1 year.
- Must be at least 18 years of age to be considered.
A successful Finance Manager needs the product knowledge professionalism and empathy that customers look for today. Communication is extremely important in a business department as it contributes to team-building with sales and the General Office. To perform this job successfully an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Schedule:
- This is a full-time position typically a 5 day work week.
- Monday - Friday must be willing to work between the hours of 8:30AM to 9:00PM.
- Saturday 9:00AM to 8:00PM.
Compensation:
- Commission based.
CAG is proud to be an equal opportunity employer. We are committed to building a diverse equal and inclusive workplace and our recruiting process reflects this commitment.
As a forward-thinking adaptive and supportive company we seek others who care about providing a transformational environment where everyone has a voice and opportunities to succeed. We encourage all interested candidates to submit an application.
Core Values:
Transformational Not Transactional -Be Transformational
We do what we say were going to do
We encourage and support each other
Were committed to continuous growth
Benefits
The Continental Automotive Group is an equal opportunity employer and a drug free workplace.
All Continental Automotive Group Full-Time Employees Receive:
- Employer Paid Dental Insurance
- Employer Paid Life Insurance
- Employer Paid Medical Insurance
- Employer Paid Health Savings Account Contribution
- Employer Paid Wellness Clinic
- Employer Paid Flu Vaccinations Every Fall
- Employer Percentage Matching for 401k
- Employer Paid Parental Leave
- 5 Paid Bereavement Leave Days/Year for immediate family members (after 60 days)
- 14 Paid Time Off Vacation Days/Year (60 days - 3years)
- 19 Paid Time Off Vacation Days/Year (3 -7years)
- 24 Paid Time Off Vacation Days/Year (7 years)
- Annual Christmas Bonus Based on Tenure
- Annual Christmas Party
- Annual Employee Appreciation Dinner
- Employee Vehicle Purchase Program
- Employee Discounts on Collision Repair Parts and Service
- Bi-Weekly Pay Periods Paid on Fridays
- Holidays: Thanksgiving Christmas & New Years
- Employer Paid Lunches Every Saturday
- Employer Paid Lunches/Dinners - Special Occasions (Blood Drives Birthdays Awards etc.)
- Access to In-House Insurance Agency
- Access to In-House Marketing Agency
- Voluntary Life Term and Whole Insurance
- Voluntary AFLAC Supplemental Coverages Voluntary Vision plan Pet Insurance and Legal Shield
- $200 Donation to Charity of Your Choice with Approval
We strive to take excellent care of our employees so that they will strive to take excellent care of our clients!
CAG is committed to compliance with the American Disabilities Act. If you require reasonable accommodation during the application process or have a question regarding an essential job function please call .
Required Experience:
Manager
Employment Type
Full-Time
