Automotive Finance Manager

Carter Motors • Lynnwood, WA

12d • Onsite

About The Position

Carter Acura, part of a larger dealership group in the Greater Seattle Area, is seeking an Automotive Finance Manager with previous automotive finance experience, preferably at a luxury dealership. The role generates additional dealership revenue by selling finance and insurance programs and other appropriate after-sale products to new- and pre-owned-vehicle customers. The Finance Manager ensures deals are funded and obtains released titles for traded-in vehicles.

The position is paid on a full-commission plan, with a guarantee of at least 1.5 times minimum wage for all hours worked. Commissions are 18%–25% of individual monthly gross profit; experienced Finance Managers can earn over $100,000. The schedule is Monday through Friday, 10 a.m. to 7 p.m.

Carter Motors describes its workplace as focused on customer service, employee experience, growth, and longevity. The company is an equal opportunity employer, maintains a drug-free workplace, and participates in fair-chance hiring practices, including individualized post-offer assessment for candidates with a criminal history.

Requirements

• Previous automotive finance experience is required.
• Fantastic communication skills with customers.
• Professional, well-groomed personal appearance.
• Clean and clear Washington State driving record.
• Successful completion of pre-employment background check, reference check, and drug screen.

Nice To Haves

• Previous automotive finance experience at a luxury dealership is preferred.

Responsibilities

• Conduct business in an ethical and professional manner.
• Process all federal, state, and dealer paperwork related to vehicle transactions.
• Understand and comply with federal, state, and local regulations affecting the new- and used-vehicle and finance departments.
• Complete vehicle sales and lease paperwork accurately, promptly, and efficiently.
• Check paperwork for correct title, lien information, taxes, and other details before forwarding it to accounting.
• Acquire and maintain a current state insurance license and complete continuing credit insurance education as needed.
• Explain manufacturer and dealership service procedures and policies to customers.
• Manage the alternative finance source program to ensure several sources are available.
• Seek insurance companies for insurance paper and maintain insurance files.
• Set up and maintain a program that ensures 100 percent turnover for the F&I department.
• Keep the sales force and sales managers informed about current finance and lease programs.
• Train sales staff on the benefits of financing, insurance, and extended service programs.
• Work with sales managers to secure a reasonable profit from every sale.
• Coordinate finance forecasting with sales department forecasting to achieve desired penetration and income levels.
• Ensure collection of all finance and insurance fees.
• Take all credit applications and handle all rate quotations.
• Prepare reports on finance penetration and attend managers’ meetings.
• Develop and monitor customer-service guidelines to maximize customer satisfaction.
• Supervise and train a designated backup to maintain efficiency and profitability during the F&I Manager’s absence.
• Maintain an adequate, current supply of contracts and paperwork required to complete and finalize vehicle deals.
• Maintain a professional appearance and a clean, professional work environment.
• Perform other tasks as assigned.

Benefits

• Three medical plan choices: low-deductible PPO, high-deductible PPO, and low-deductible HMO; medical plans include telemedicine, Teladoc, and specialty pharmacy advocates with no extra monthly premium.
• Two dental plan choices: Delta and Willamette.
• Vision coverage through VSP.
• Healthcare and dependent-care Flexible Spending Accounts (FSA).
• Healthcare Spending Account (HSA).
• 529 College Savings Plan.
• 401(k) with company match.
• 72 hours of paid time off for the first year.
• Seven paid holidays per year.
• LegalShield and IDShield.
• Accident insurance.
• Critical illness insurance.
• Hospital indemnity insurance.
• Short-term disability insurance.
• Pet insurance.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed