Finance Manager

Ed Morse Automotive Group

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

Qualifications

  • Minimum 2 years' experience as a Finance Manager in the automotive industry
  • Desirable experience in Special Finance and subprime lending
  • Self-starter with a strong sense of urgency
  • High degree of ownership and accountability for results
  • Ability to organize, multi-task, and prioritize effectively
  • High School Diploma or equivalent required; degree preferred
  • Pass background and drug screening

Responsibilities

  • Provide thorough explanations of aftermarket products and assist customers with purchasing decisions
  • Submit paperwork for finance deal approvals in a timely manner
  • Maintain strong relationships with finance sources, including manufacturers
  • Prepare and mail complete deal packages to lenders
  • Conduct post-sale audits on team deals
  • Ensure timely funding of all contracts
  • Structure deals for maximum profitability and collectability
  • Verify insurance and process vehicle transaction paperwork

Benefits

  • Weekly pay
  • Uncapped earning potential through bonuses and commissions
  • 401K with company matching
  • Comprehensive health benefits including medical, dental, and vision
  • Supplemental insurance options and life insurance
  • Employee Assistance Program and wellness initiatives
  • Paid vacation and sick leave
  • Six paid holidays annually
  • Employee Purchase Program offering discounts
  • Referral program for recruiting friends
  • Opportunities for involvement in community initiatives
  • Unlimited career potential across multiple states and brands
  • Ongoing education and training opportunities
Full Job Description
Finance Manager

Ed Morse is currently seeking a Finance Manager to join our team.

Responsibilities

Responsibilities:
  • Provides customers with a thorough explanation of aftermarket products and extended Service Contracts and helps them purchase the right products for their needs.
  • Submits paperwork to obtain approvals from finance sources on all finance deals in a timely manner.
  • Establishes and maintains an impeccable reputation and good working relationships with multiple finance sources including manufacturers.
  • Prepares and mails all deal packages with complete and proper documentation to lenders and follows any other process that may be in place in their respective department
  • Accurately audits team deals post-sale
  • Ensures the expeditious funding of all contracts
  • Structures deals for maximum profitability and collectability
  • Fully proficient with title laws and registration process
  • Maintains proficiency and certifications as required for the position
  • Works closely with Sales Desk, submits deals to lenders for approval, makes credit decisions, and effectively closes deals
  • Verifies insurance and obtains payoffs on trades with open lines.
  • Processes federal, state, and dealer paperwork related to vehicle transaction.
  • Checks all paperwork for correct residual, commission, buy rate, title, lien information, taxes and DMV paperwork before forwarding to the business office.
  • Assists retail salesperson in collecting down payment and all monies associated with transaction.
  • Assists in all other areas of the financial services department, as needed.
  • Creates and maintains good relations with guests.
  • Maintains High CSI


Qualifications

Requirements:
  • Minimum of 2-years' experience as a Finance Manager in the automotive industry
  • Special Finance, subprime lending experience desirable
  • Self-starter with a sense of urgency to deliver deals
  • A high degree of ownership and accountability for achieving results
  • Ability to organize, multi-task and prioritize in order to optimize daily opportunities and complete necessary processes and paperwork
  • A minimum of a High School Diploma or equivalent
  • Associate's/bachelor's degree candidates preferred
  • Must successfully complete a background and drug screening

Why Ed Morse?

In addition to a rewarding career, Ed Morse offers our employees the following:
  • Weekly Pay
  • Uncapped earning potential! -Bonuses, Commissions, etc.
  • 401K with company match
  • Competitive Health Benefits including:
  • Medical
  • Dental
  • Vision
  • Supplemental Insurance options, Life Insurance, Short Team Disability & Long-Term Disability
  • Employee Assistance Program
  • Quarterly Wellness Program
  • Vacation Pay
  • Sick Pay
  • Six Paid Holidays each calendar year
  • Fantastic Employee Purchase Program! - Discounts on vehicles, parts & service
  • Employee Referral Program- Get rewarded for working with friends!
  • Become involved in our community with Ed Morse Cares
  • Unlimited career potential- opportunities in multiple states with over 30+ brands!
  • Ongoing Education- receive manufacturer and product knowledge training

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