5-7 years of experience in automotive sales, F&I, or as a loan officer preferred
Strong verbal and mathematical skills, with potential testing
Highly organized with a keen attention to detail
Self-motivated and reliable
Willingness to undergo drug testing and background checks
Responsibilities
Greet customers and guide them through the F&I paperwork process
Submit credit applications to financial institutions for approval
Negotiate financing terms to achieve the lowest buy-rate
Maintain updated records of warranty policies, insurance rates, and financing options
Prepare compliance paperwork according to regulations
Collect payments and verify funds with the accounting department
Train sales staff on F&I preparation and processes
Log completed and pending finance deals with their statuses
Prepare daily reports on unit totals and F&I profits
Ensure the F&I forms library is current and accurate
Submit contracts to lenders with proper documentation
Benefits
Cohesive and supportive team environment
Comprehensive insurance plans including medical, dental, and vision
401(k) plan with matching contributions
Unlimited professional training opportunities
Paid vacation, sick days, and holidays
Opportunities for advancement in a growing company
Access to brand new, state-of-the-art facilities and equipment
Full Job Description
What we are looking for:
indiGO Auto Group's Lamborghini McLaren Rolls-Royce North Houston is seeking a full-time Finance Manager to join our team. This is a great opportunity to work for an exciting and growing company with a fast-paced environment.
This is what we offer:
Opportunity to work in a cohesive and supportive team environment
Comprehensive insurance plans - medical, dental, vision, life insurance, health savings account, and flexible savings account
401(k) plus match
Unlimited professional training opportunities
Paid vacation days, sick days, and holidays
Opportunity for advancement in a growing company
Brand new, state-of-the-art facilities and equipment
Here is what an ordinary day of work may look like:
Greet sold customers and invite them into the F&I office to finalize their paperwork.
Submit credit applications for pending deals to financial institutions for approval according to management's guidelines.
Strive to obtain the lowest buy-rate (cost) for financing, paying careful attention to penetration quotas necessary for discounts on floor plan rate.
Maintain a current folder or binder containing all extended warranty policy costs and guidelines, insurance rates, and financing buy-rates.
Prepare all necessary paperwork paying careful attention to completeness and conformity with local, state, and federal regulations.
Collect any monies due or verify funds with the accounting office.
Maintain all state licenses required to sell insurance and extended warranty policies.
Train the sales force on how to prepare customers for F&I.
Keep a log of all deals completed in finance, deals in accounting, and pending deals with their status.
Prepare a daily report of all unit totals, gross and F&I profit totals.
Maintain the F&I forms library, making sure that the most current and accurate forms are being used.
Submit the contracts to each lender with all the proper documentation to ensure prompt payment and maintain a record of when and how contracts were submitted.
Establish and maintain strong relationships with customers, lenders, and coworkers.
The opportunity is for you if you have:
Prior automotive sales, F&I, or loan officer experience strongly preferred
Excellent verbal, math, and leadership skills. These skills may be tested and evaluated
Extremely organized with dedicated attention to detail
Self-motivated and dependable
Willing to submit to a drug test and criminal background check
This job description in no way implies that the duties listed here are the only ones the employee may be required to perform. The employee is expected to perform other tasks, duties, and training as dictated by their supervisors.