Automotive Finance Manager

Joyce Koons Automotive

$70K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in auto finance required
  • Proven ability to upsell and negotiate effectively
  • Strong relationship-building skills with lenders
  • Ethical with strong references and self-motivated
  • Detail-oriented with high accuracy in work
  • Must meet dealership performance goals while managing expenses
  • Excellent communication skills for interaction with customers and partners
  • Strong multitasking and prioritization abilities

Responsibilities

  • Offer financing options and explain aftermarket products to customers
  • Develop relationships with lenders to secure favorable financing terms
  • Accurately process finance deals and ensure compliance with regulations
  • Create a referral program with sales to increase financing opportunities
  • Train sales staff on finance and lease programs and dealership benefits
  • Maintain compliance with regulations affecting finance operations
  • Continuously improve internal processes to enhance efficiency

Benefits

  • Health Insurance
  • Dental
  • Vision
  • 401K
  • Paid Vacation
  • Paid Sick Leave
  • Holiday Pay
  • Voluntary Benefit
Full Job Description
We are seeking a Finance Manager to join our growing team! The Finance Manager is responsible for processing all finance deals and accurately completing all documents and forms required by local, state, and federal regulations concerning the sale/purchase of new and used vehicles. He/she is also responsible for presenting each purchaser with a variety of approved financial products to meet their individual needs while earning additional profit for the dealership. The candidate should also be able to quickly and efficiently match up individual customers' credit and payment needs with available financing programs.

Benefits:
  • Health Insurance
  • Dental
  • Vision
  • 401K
  • Paid Vacation
  • Paid Sick leave
  • Holiday Pay
  • Voluntary Benefit


Responsibilities:
  • Offer vehicle financing and insurance to customers and provide them with a thorough explanation of aftermarket products and extended warranties and a complete explanation of manufacturer and dealership service procedures and policies
  • Seek new lending institutions and maintain good working relationships to secure competitive interest rates and financing programs
  • Process financing and leasing deals accurately and secure approval through proper federal, state and corporate channels
  • Understand and comply with federal, state and local regulations that affect the new and used vehicle and finance departments
  • Create and maintain a program with the sales department that will ensure all new sales are referred to the F&I department
  • Train and provide the sales team with information on finance and lease programs and the benefits of the dealership's financing and extended service programs


Qualifications:
  • Experience in auto finance a must
  • Ability to up sale and negotiate
  • Establish relationships with all lenders
  • Must be ethical w/ strong references and self-motivated
  • Ability to work with a high degree of accuracy
  • Must meet the dealership performance goals and adequately control expenses
  • Strong communication skills to work with customers, employees and finance and insurance vendors
  • Ability to prioritize effectively, multi-task when necessary


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