Compensation is a mix of salary and commission based at approximately 10-12% of monthly F&I income. We are looking for a good all around finance manager who can multi-task and help with any other sales management areas as needed.
We need an F&I manager to prepare complete/correct paperwork AND have strong TO/F&I sales skills. The deal structuring/approvals are primarily completed by the desk at the time of sale. The finance manager focus is primarily on product sales and paperwork completion. Please be prepared to discuss past sales performance numbers.
We are looking for an experienced F&I Manager to join our team. The ideal candidate will have a strong understanding of the automotive industry and a passion for customer service. The F&I Manager will be responsible for managing the financial aspects of customer purchases, including negotiating and closing deals, processing paperwork, and providing customers with information about financing options. This is an excellent opportunity for an experienced professional to join a fast-paced and dynamic team.
Responsibilities:
- Develop and implement F&I strategies that meet customer needs and maximize profitability.
- Train and mentor sales staff on the latest industry trends and regulations.
- Develop and maintain relationships with lenders, credit unions, and other finance sources.
- Negotiate contracts with customers and lenders.
- Provide excellent customer service to ensure customer satisfaction.
- Manage the F&I department and ensure compliance with all applicable laws and regulations.
Job Type: Full-time
Pay: $75,000.00 - $120,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Employee discount
- Health insurance
- Life insurance
- Paid time off
- Professional development assistance
Supplemental pay types:
Experience:
- Dealership finance: 1 year (Preferred)
Work Location: In person
