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Senior Automotive Finance Executive
2 months ago
Position Overview:
We are in search of a seasoned Finance Manager to oversee our Finance and Insurance (F&I) operations at Route 1 Hyundai. This role is pivotal in ensuring the smooth functioning of financial services within our dealership.
Compensation & Benefits:
- Annual salary ranging from $130,000 to $300,000, with weekly payments
- Performance-driven commission structure
- Comprehensive health, dental, and vision coverage
- 401(k) retirement savings plan
- Generous paid time off and holiday schedule
- Discounts on vehicle purchases and services for employees
Key Responsibilities:
- Manage all aspects of F&I operations, including customer financing and insurance products
- Cultivate relationships with financial institutions to secure advantageous financing options
- Collaborate with the sales team to enhance profitability through effective deal structuring
- Ensure adherence to all applicable state and federal regulations regarding F&I practices
- Provide training and development for team members on F&I procedures and sales techniques
- Oversee F&I documentation, ensuring accuracy and timely processing of transactions
- Stay informed on market trends to identify opportunities for operational enhancements and revenue growth
Qualifications:
- Bachelor's degree in finance, accounting, or a related discipline
- At least 3 years of experience as a Finance Manager in the automotive industry
- In-depth knowledge of finance and insurance processes, regulations, and industry best practices
- Proven success in meeting and exceeding sales and profitability targets
- Strong communication and interpersonal abilities
- Capacity to thrive in a fast-paced and dynamic work environment
- Proficiency in Microsoft Office and finance-related software applications
- Ability to effectively match products to customer needs and preferences
EEOC Statement:
We are committed to fostering a diverse workplace and are proud to be an equal opportunity employer.
We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.