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Senior Automotive Finance Executive

2 months ago

Brunswick, Maine, United States Route 1 Hyundai Full time

Position Overview:


We are looking for a seasoned Finance Manager to oversee our Finance and Insurance (F&I) operations at Route 1 Hyundai. This role is essential in ensuring the smooth functioning of our financial services within the automotive sector.

This is a full-time position that offers a competitive compensation package, including a base salary and performance-based commission. As the Finance Manager, you will play a pivotal role in managing all aspects of the dealership's F&I operations and ensuring compliance with industry regulations.

Compensation & Benefits:

  • Competitive base salary ranging from $130,000 to $300,000 annually, with weekly payments
  • Performance-based commission structure
  • Comprehensive health, dental, and vision insurance
  • 401(k) retirement savings plan
  • Paid time off and recognized holidays
  • Employee discounts on vehicle purchases and services

Key Responsibilities:

  • Manage and supervise all F&I operations, including customer financing, insurance, and aftermarket product sales
  • Establish and maintain relationships with financial institutions to provide competitive financing options for customers
  • Collaborate with the sales team to enhance profitability by structuring deals and presenting suitable financing and insurance options
  • Ensure adherence to all relevant state and federal regulations regarding F&I processes and documentation
  • Train and mentor sales and finance team members on F&I procedures and effective selling techniques
  • Oversee all F&I documentation, ensuring accuracy and timely processing of deals
  • Continuously assess market and industry trends to identify opportunities for operational improvements and revenue enhancement

Qualifications:

  • Bachelor's degree in finance, accounting, or a related discipline
  • At least 3 years of experience as a Finance Manager within the automotive industry
  • In-depth knowledge of finance and insurance processes, regulations, and industry best practices
  • Proven success in meeting and exceeding sales and profit objectives
  • Strong communication and interpersonal abilities
  • Capacity to thrive in a fast-paced and dynamic work environment
  • Proficiency in MS Office and finance-related software applications
  • Ability to effectively sell products based on customer needs and preferences

EEOC Statement:
We are committed to being an equal opportunity employer and value diversity within our organization.

We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.