Automotive F&I Manager

Lithia & Driveway•Ramsey, NJ

15h•$92,154 - $283,868

About The Position

NOW HIRING F&I Managers! APPLY TODAY to join one of more than 300 Lithia & Driveway Dealerships nationwide representing over 30 manufacturers in 25 states! We offer industry-leading benefits, personal and professional growth opportunities, and a fantastic team to work with that you won’t find anywhere else. Who We Are Looking For: 2+ years of dealership finance experience is required, luxury experience preferred A team player focused on providing exemplary customer service Self motivated with the ability to set and achieve targeted goals Excellent interpersonal communication with working knowledge of computers Acceptable driving record and a valid driver's license in your state of residence Why Join Our Team? 2023 Lithia Partners Group Gold Award Winner #1 Electric Car dealer in the Tristate Area, #2 in the entire eastern region #2 New Car volume dealer in the market, top 10 volume dealer in the eastern region! We are the #1 7 Series - dealer in the market! 15+ Years of BMW Experience at every management position (Sales, Service, Parts) Highest customer satisfaction rating in the market for both sales and service in 2024! The largest indoor showroom in the tri-state area! The largest New and Used BMW inventory in the tri-state area! Responsibilities: The F&I Manager is responsible for providing exceptional customer service while helping customers choose products that protect their vehicle purchase. In addition this individual works with lenders to obtain financing approval and completes all vehicle purchase and associated paperwork accurately and on time. The F&I Manager is responsible for following up on and collecting receivables.

Requirements

2+ years of dealership finance experience is required, luxury experience preferred
A team player focused on providing exemplary customer service
Self motivated with the ability to set and achieve targeted goals
Excellent interpersonal communication with working knowledge of computers
Acceptable driving record and a valid driver's license in your state of residence
High School graduate or equivalent, 18 years or older required.

Nice To Haves

luxury experience preferred

Responsibilities

Help customers choose protection packages for their vehicle by presenting all products and their benefits.
Ensure financing for customers; by building professional relationships with lenders and working with them to get the best financing available for our customers.
Submit deals to bank electronically using appropriate dealer system.
Enter transactions accurately into ADP and bank approval systems.
Process all transaction paperwork and ensure it is accurate and meets the needs of the Office, state specific DMV and lender requirements.
Track deal receivables and follow-up on outstanding items to ensure collection of all money and bank stipulations for contract funding.
Participate in store meetings including Sales Receivables, Save-a-Deal and Store Manager meetings.
Interact with sales team and sales managers to ensure transactions are completed accurately and to the customer’s satisfaction.
Follow-up with customers as courtesy reminder for purchased products requiring customer action (ex. Protective coating applied)
Assist Sales Team with customer engagement in the sales department during peak traffic times.
Obtain all appropriate licensing within 90 days from date of hire