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Automotive Finance / Business Manager

Karma Westfield
Posted 20 days ago, valid for 18 days
Location

Westfield, NJ, US

Salary

$119,000 - $240,000 per year

Contract type

Full Time

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Sonic Summary

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  • This top finance position is ideal for a qualified candidate with at least 2 years of experience in the automotive industry as an F&I Manager.
  • The role offers a competitive salary, commission, and an excellent benefits package.
  • Key responsibilities include providing insurance and financing services to customers, evaluating creditworthiness, and preparing necessary documentation.
  • Candidates must demonstrate strong automotive managerial skills, excellent communication abilities, and a solid understanding of F&I products and services.
  • DealerTrack DMS experience is required, along with a valid driver's license to fulfill the job's responsibilities.

Top finance position for qualified candidate with a proven track record in the automotive industry. Commission, salary and excellent benefits package.

Job Purpose:
Provides insurance and financing services to automotive customers by verifying sales information; determining need for financing; evaluating customer creditworthiness; preparing financing and legal documents; selling products and services; maintaining rapport with customers.

Duties:

  • * Determines desire/need for automobile financing by interviewing customer; exploring payment options.
  • * Verifies automobile purchase information by reviewing sales contract data; conferring with sales department; making adjustments as needed.
  • * Determines customer creditworthiness by studying customer credit application; obtaining credit reports; analyzing information; comparing customer evaluation to organization standards; searching for lenders in information system; forwarding applications to lenders; conferring with loan underwriters and loan processors; obtaining stipulations when required; approves or rejects loan.
  • * Confirms automobile sales contract information by disclosing data, provisions, finance charges, and interest rates to customer; ensuring understanding of content.
  • * Sells products and services by reviewing desire/need for automobile insurance, credit insurance, extended warranties, anti-theft devices, appearance protection packages, etc.; explaining options, provisions, and premiums.
  • * Maintains dealership reputation by building and maintaining customer rapport; answering questions; providing information; resolving discrepancies and dissatisfactions; maintaining a satisfactory Customer Satisfaction Index; complying with federal, state, and local regulations; helping others comply.
  • * Maintains customer confidence and organization stability by keeping information confidential; helping others comply.


Qualifications:

Minimum of 2+ years in the Automotive Industry as an F&I Manager

Demonstrated Automotive Managerial Skills

Excellent communication and problem solving skills

Strong attention to detail

Excellent follow-through skills

Highly skilled in selling; specifically automotive F&I related products & services

DealerTrack DMS experience required

Must possess a valid driver's license




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