The Finance Manager plays a critical role in the dealership's profitability, securing financing for customers, structuring deals, and presenting financial and insurance products to maximize customer satisfaction and dealership revenue.
Requirements
- Meet with customers after vehicle selection to discuss financing options
- Assess customer creditworthiness and pre-qualify them for loan options from various lenders
- Negotiate loan terms and interest rates with lenders on behalf of the customer
- Present and explain various financial and insurance products
- Tailor product recommendations to the customer's needs and budget
- Overcome objections and effectively close deals on F&I products
- Maintain a deep understanding of all offered products and their benefits
- Structure financing deals that meet customer needs while maximizing dealership profit
- Track sales performance and identify opportunities to improve F&I penetration
- Provide exceptional customer service throughout the financing process
- Build trust and rapport with customers, addressing their concerns and questions with professionalism
- Maintain a positive and welcoming demeanor in sometimes high-pressure situations
- Ensure all financing and sales practices comply with federal and state regulations
- Stay informed about updates to regulations and adapt processes accordingly
- Train and mentor sales staff on F&I products and processes
- Maintain strong relationships with lenders and insurance providers
- Assist with monthly and quarterly sales reports and financial analysis
Benefits
- Insurance: medical, dental, vision, life and pet insurance
- Optional disability coverage
- 401k plan
- Paid Holidays
- PTO