A rapidly growing multi rooftop auto group is looking to add a top performing Finance and Insurance Manager to our leadership team. If you are a proven consistent performer, we would love for you to join our amazing team and build a career today.
SUMMARY
- Produces additional revenue for the dealerships by selling finance and insurance programs and other appropriate after-sale items to new and used vehicle customers.
ESSENTIAL DUTIES
- Provides customers with thorough explanation of aftermarket products and extended warranties in a consultative manner.
- Converts cash deals to finance loans whenever possible to maximize revenue.
- Establishes and maintains good working relationships with several finance sources, including the manufacturer.
- Processes finance and lease deals accurately and fairly through financial sources to secure approval, and ensures that all contracts in transit are secured within 15 days.
- Conducts business in an ethical and professional manner.
- Processes all federal, state, and dealer paperwork related to vehicle transaction.
- Understands and complies with federal, state, and local regulations that affect the new- and used-vehicle and finance departments.
- Completes paperwork necessary for vehicle sales and leases in a timely and efficient manner.
- Checks all paperwork for correct title, lien information, taxes, etc., before forwarding to accounting.
- Acquires and maintains current state insurance license, completing continuing credit insurance education as needed.
- Provides customers with complete explanation of manufacturer and dealership service procedures and policies.
- Seeks new lending institutions to secure competitive interest rates and finance programs continually.
- Provides sales force and sales managers with current information about finance and lease programs continually.
- Trains the sales staff regarding the benefits of financing, insurance, and extended service programs.
- Works with sales managers to maximize the process of every sale.
- Coordinates finance forecasting with sales department forecasting to achieve desired levels of penetration and income.
- Ensures collection of all finance and insurance fees.
- Prepares reports on finance penetration.
- Works closely with General Sales Manager to establish sales department goals and objectives and ensures they are achieved.
- Develops and monitors guidelines for working with customers to ensure maximum customer satisfaction.
- Supervises and trains designated backup to ensure continued efficiency and profitability in the F&I manager's absence.
- Maintains an adequate and current supply of all required contracts and paperwork needed for completion and finalization of car deals.
- Maintains a professional appearance.
- Maintains a clean and professional work environment.
Benefits
- Medical, Dental, Vision Insurance
- Life Insurance
- 401k
- Paid Vacation/Holidays
- Paid Sick
- Paid Training
- Employee discounts on products & services
- Product bonus
- INDUSTRY LEADING PAYPLAN!
EDUCATION and/or EXPERIENCE
- Would love to hire someone with 2 years’ experience and/or training; or equivalent combination of education and experience.
- However, we are open to training with minimum experience for the right candidate.
We are 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.
Job Type: Full-time
Pay: $145,096.00 - $158,216.00 per year
Benefits:
- 401(k)
- Dental insurance
- Employee discount
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Supplemental pay types:
- Commission pay
- Performance bonus
Experience:
- Dealership experience: 1 year (Required)
- Sales: 1 year (Required)
Ability to Commute:
- Burlington, MA (Preferred)
Ability to Relocate:
- Burlington, MA: Relocate before starting work (Required)
Work Location: In person