Three or more years of related experience or equivalent education
Current state insurance license or ability to obtain one
Responsibilities
Protect gross profit by arranging financing to maintain selling margins
Build and maintain strong relationships with lenders and finance sources
Generate additional income through vehicle service contracts and GAP coverage
Convert cash deals to finance and process finance and lease deals accurately
Manage all paperwork for vehicle sales, ensuring compliance and accuracy
Train and update the sales team on finance and lease programs
Manage the alternative finance source program to ensure availability
Benefits
Opportunities for professional growth and advancement
Supportive team environment that promotes from within
Access to ongoing training and education in finance and insurance
Engagement with a reputable automotive group
Full Job Description
Finance Manager (F&I) - Acura Highland Park
Full-time | Highland Park, IL | Murgado Automotive Group About the Role
As Finance Manager, you will work with and support our Client Advisors as they present, sell, and complete the sale of finance, insurance, and warranty products to clients purchasing a vehicle. What You'll Do
Protect gross profit by arranging financing so outside sources do not impact selling margins
Build and maintain strong relationships with lenders and finance sources, including the manufacturer
Generate additional income through vehicle service contracts, GAP coverage, and maintenance plans
Convert cash deals to finance and process finance and lease deals accurately and fairly to secure approval
Manage all paperwork for each vehicle sale, including customer signatures, payoff and insurance information, and title, lien, and tax review before forwarding to accounting
Complete federal, state, and dealer paperwork in a timely and efficient manner
Work with Client Advisors and sales managers to secure a reasonable profit from every sale
Train and update the sales team on finance and lease programs and the benefits of financing, insurance, and extended service programs
Manage the alternative finance source program so several sources are always available
Explain manufacturer and dealership service procedures and policies to customers
Maintain a current state insurance license and complete continuing credit insurance education as needed
Comply with federal, state, and local regulations affecting new- and used-vehicle sales and finance, and conduct business ethically and professionally
Perform other duties as requested, directed, and assigned
Qualifications
High school diploma or GED required
Three or more years of related experience and/or training, or an equivalent combination of education and experience
Current state insurance license (or ability to obtain and maintain one)
Ready to Join Our Team?
Apply today through Indeed and take the next step in your finance career with Acura Highland Park. If you want a team that invests in your growth and promotes from within, we want to hear from you.
$100,000 - $200,000 a year
Salary is an estimate based on experience and and performance. No cap on commissions.
