Lithia Motors Inc

Automotive F&I Manager

Lithia Motors Inc$111K — $303K *
Manufacturing & Automotive
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Strong attention to detail
  • Sense of urgency
  • Excellent communication skills
  • Ability to perform basic math calculations
  • Basic computer skills
  • Valid driver's license and acceptable driving record
  • High school diploma or equivalent

Responsibilities

  • Greet customers professionally and courteously
  • Assist customers in selecting vehicle protection packages
  • Build relationships with lenders for optimal financing options
  • Submit electronic deals to banks using dealer systems
  • Accurately enter transactions into ADP and banking systems
  • Process and ensure accuracy of all transaction paperwork
  • Track receivables and follow up to collect outstanding debts
  • Work collaboratively with the sales team during peak traffic times
  • Participate in various store meetings for performance updates and strategy

Benefits

  • Comprehensive health and wellness benefits
  • Short-term and long-term performance incentives
  • Commission structure based on product sales
  • Bonuses linked to individual performance metrics
  • Potential for career growth within a large, established dealership
  • Supportive, team-oriented work environment
Full Job Description
Dealership:
L0056 Lithia Chrysler Dodge Jeep Ram Fiat of Tri-Cities

Lithia Chrysler Jeep Dodge Ram of Tri-Cities - Washington

F&I Manager

The F&I Manager is responsible for providing exceptional customer service while helping customers choose products that protect their vehicle purchase. In addition this individual works with lenders to obtain financing approval and completes all vehicle purchase and associated paperwork accurately and on time. The F&I Manager is responsible for following up on and collecting receivables.

What You'll Do
  • Greet customers in a friendly and professional manner.
  • Help customers choose protection packages for their vehicle by presenting all products and their benefits.
  • Ensure financing for customers; by building professional relationships with lenders and working with them to get the best financing available for our customers.
  • Submit deals to bank electronically using appropriate dealer system.
  • Enter transactions accurately into ADP and bank approval systems.
  • Process all transaction paperwork and ensure it is accurate and meets the needs of the Office, state specific DMV and lender requirements.
  • Track deal receivables and follow-up on outstanding items to ensure collection of all money and bank stipulations for contract funding.
  • Participate in store meetings including Sales Receivables, Save-a-Deal and Store Manager meetings.
  • Interact with sales team and sales managers to ensure transactions are completed accurately and to the customer's satisfaction.
  • Follow-up with customers as courtesy reminder for purchased products requiring customer action (ex. Protective coating applied)
  • Assist Sales Team with customer engagement in the sales department during peak traffic times.
  • Obtain all appropriate licensing within 90 days from date of hire.


What You'll Bring
  • Strong attention to detail
  • Sense of urgency
  • Excellent communication
  • Mathematics - ability to solve basic math calculations.
  • Basic computer skills
  • Acceptable driving record and a valid driver's license in your state of residence


High School graduate or equivalent, 18 years or older required. We are a drug free workplace.

This is a performance driven position, eligible for short term and/or long-term incentives as a part of total compensation which includes commission off individual product and Reserve Income. Bonuses based on individual net PVR, Product Penetration, and Manufacturer approvability. The total annual estimated earnings range is $111,000 - $303,500. Actual pay offered may vary depending on skills, experience, job-related knowledge, and location.

Information about LITHIA's comprehensive benefits can be reviewed on our careers site at https://www.lithiacareers.com/

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