Finance and Insurance Manager
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Job Location:
Morrow, OH - USA
Monthly Salary:
Not Disclosed
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Finance and Insurance (F&I) Manager
We are a leading automotive dealership committed to providing an exceptional car-buying and service experience. We provide a positive professional work environment aggressive pay plans with career advancement opportunities and the best training in the industry.
Job Summary
The Finance and Insurance (F&I) Manager is responsible for helping customers secure financing finalize sales contracts and offering additional products like extended warranties GAP insurance and maintenance plans. The F&I Manager is also responsible for following up on and collecting receivables.
***All applicants must have automotive finance experience of 2 years plus to apply******
Responsibilities:
- Establish and maintain positive working relationships with all sources of finance and insurance products factory and otherwise.
- Submit proper documentation to obtain approval for all possible finance transactions.
- Work with sales management to establish and maintain a program that will ensure a 100% turnover to the Finance and Insurance department.
- Work with sales managers to secure a reasonable profit from each transaction.
- Establish forecast for finance department in conjunction with sales department to achieve a desired percent of penetration and income.
- Verify the accuracy of all title lien information taxes and other documents on customer paperwork.
- Ensure accuracy of customer information in dealership databases (including e-mail addresses).
- Forward completed deals to the accounting office in a timely manner.
- Acquire licenses for selling insurance if applicable.
- Prepare monthly reports on finance penetration and products sold.
- Keep sales management up to date regarding rates and products.
- Complete all training certifications as directed by management.
- Comply with all company policies procedures and safety standards.
- Other duties as assigned.
Qualifications:
- Prior automotive finance experience required.
- Prior CDK experience a plus.
- Excellent communication and customer service skills.
- Professional well-groomed personal appearance.
- Self-motivated with the ability to set and achieve targeted goals.
- Knowledge of regulatory and compliance requirements.
- Ability to work within a fast-paced environment.
- Clean driving record and valid drivers license.
We offer best in class industry benefits:
- Competitive pay
- Medical Dental and Vision Plans
- Paid Holidays & PTO
- Short and Long-Term Disability
- Paid Life Insurance
- 401(k) Retirement Plan
- Vehicle Purchase Discounts
- Employee Discounts on Parts and Service Repairs
- Aggressive Employee Referral Program with Bonus Opportunities
You must be at least 18 years of age to apply. Must have in dealership finance experience. We are an equal opportunity employer and a drug-free workplace.
Required Experience:
Manager
Key Skills
- Financial Services
- Financial Models
- Communication skills
- General Ledger Accounting
- Account Management
- ERP
- Payroll
- External Auditors
- Analytical Skills
- Credit Card
- Financial Statements
- Annual Budgets
- Business unit
- Customer Relationship
- Financial Management
About Company
Automotive Sales Associate *Top Sales Associates earn upwards of $100k per year!* We are a leading automotive dealership committed to providing an exceptional c...
