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Automotive F&I Manager

3 months ago


Vallejo, United States Automotive Career Professionals Full time
Job DescriptionJob Description

Automotive F&I Manager

This client believes in hiring the heart and training the mind and strive to hire passionate individuals who want to stand out from the crowd. They want to challenge associates to be the best they can be, while providing all the resources to help them reach their potential. This is more than a job - it's a career If you want to be part of one of the fastest growing automotive groups in the country, this is the place for you

ESSENTIAL DUTIES:
• Sell finance and extended service contract products to all customers.
• Obtain finance approval from lending institutions on all finance deals.
• Instruct salespeople in the methods to aid in selling of Finance Products.
• Work closely with management to secure both front and back profit centers.
• Seek out and secure financial sources to purchase finance paper directed by the General Manager.
• Prepare and maintain F&I daily operating control.
• Prepare, submit, and file monthly penetration reports on finance penetration.
• Check all paperwork to ensure title, lien, taxes, and other related delivery documents are correct.
• Be responsible for all rate questions.
• Maintain a record of finance and insurance fees due the dealership and ensure its collection.
• Maintain insurance files and prepare and submit necessary claims.
• Annual Departmental Forecasts: submit department forecast, by month, for the coming year, to the General Manager including budget for total sales, gross, and expenses by month.
• Monthly Departmental Forecasts: submit plans and forecast for the coming month to the General Manager. Monthly forecast should include total gross income, average income per retail unit, expenses, and a written explanation for year-to-date variances.
• Follow company rules for safeguarding customer information at all times.
• Responsible for the funding of contracts from the bank in a timely manner.

Job Requirements:

• Minimum three (3) years’ experience in finance and insurance industry.
• Previous experience working in dealership atmosphere preferred.
• Solid interpersonal and communication skills and the ability to work on cross-functional teams in both leadership and member roles.
• Results oriented and self-motivated.
• Excellent written and verbal communication skills

Benefits

  • Medical, Dental & Vision Insurance
  • 401k plan w/ matching contributions
  • Paid Vacation, Holiday, and Sick Pay
  • Growth opportunities
  • Complete paid training programs for rapid advancement including periodic job reviews
  • Employee vehicle purchase plans
  • Family culture with organized structure
  • Long term job security
  • Associate discounts on vehicles, service and parts purchases
  • Employee recognition programs
  • Leading competitive pay

Our client is an equal opportunity employer and prohibit discrimination/harassment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.