Finance Manager

Job Description

Job Description

Job Description : F&I Manager

Great Falls Subaru has an opening for a highly motivated, detail-oriented individual with great organizational skills to manage our Finance Department. We need a qualified high energy individual to help facilitate growth. If you would like to be a part of a team that values integrity and a “can” do attitude we need you.

This position will be responsible for producing additional revenue for the dealership by selling finance and insurance programs and other appropriate after-sale items to new- and used-vehicle customers. This position will also back-up and assist the Sales Manager with desking deals.

Responsibilities :

• \tSells financing and credit life, accident, and health insurance to customers.
• \tProvides customers with thorough explanation of aftermarket products and extended warranties.
• \tConverts cash deals to finance.
• \tEstablishes and maintains good working relationships with several finance sources, including the manufacturer.
• \tProcesses finance and lease deals accurately and fairly through financial sources to secure approval.
• \tConducts business in an ethical and professional manner.
• \tProcesses all federal, state, and dealer paperwork related to vehicle transaction.
• \tUnderstands and complies with federal, state, and local regulations that affect the new- and used-vehicle and finance departments.
• \tCompletes paperwork necessary for vehicle sales and leases in a timely and efficient manner.
• \tChecks all paperwork for correct title, lien information, taxes, etc., before forwarding to accounting.
• \tAcquires and maintains current state insurance license, completing continuing credit insurance education as needed.
• \tProvides customers with complete explanation of manufacturer and dealership service procedures and policies.
• \tSeeks new lending institutions to secure competitive interest rates and finance programs continually.
• \tManages the alternative finance source program to ensure that several sources are available.
• \tSeeks insurance companies for insurance paper.
• \tMaintains insurance files.
• \tSets up and maintains a program which will ensure 100 percent turnover to the F&I department.
• \tProvides sales force and sales managers with current information about finance and lease programs continually.
• \tTrains the sales staff regarding the benefits of financing, insurance and extended service programs.
• \tWorks with sales managers to secure a reasonable profit from every sale.
• \tCoordinates finance forecasting with sales department forecasting to achieve desired levels of penetration and income.
• \tEnsures collection of all finance and insurance fees.
• \tTakes all credit applications.
• \tPrepares reports on finance penetration.
• \tWorks closely with general manager to establish sales department goals and objectives and ensures that they are achieved.
• \tAttends managers meetings.
• \tHandles all rate quotations.
• \tDevelops and monitors guidelines for working with customers to ensure maximum customer satisfaction.
• \tProcesses salespersons' "end of month" commission sheets for accounting office payroll.
• \tSupervises and trains designated backup to ensure continued efficiency and profitability in the F&I manager's absence.
• \tMaintains an adequate and current supply of all required contracts and paperwork needed for completion and finalization of car deals.
• \tMaintains a professional appearance.
• \tMaintains a clean and professional work environment.

Qualifications :

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.

Benefits :

$100,001 - $125,000