Finance Director

4 days ago


Doral, Florida, United States HGreg Group Full time
Finance Director Job Description

As the Finance Director at HGreg Group, you will be responsible for overseeing all aspects of the dealership's finance and insurance (F&I) department.

Key Responsibilities:
  • 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.
  • Oversee the dealership's 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.
  • Build and maintain strong relationships with customers, lenders, and insurance providers to enhance the dealership's 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.
  • 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.
  • 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.
Requirements:
  • 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.
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.

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.


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