Automotive Finance Manager

Kia of Old Saybrook • Old Saybrook, CT

28d

About The Position

We are seeking a highly motivated and experienced Automotive Finance Manager to join our team. As a Finance Manager, you will be responsible for overseeing and managing all aspects of automotive financing and insurance for our customers. You will work closely with our sales team to ensure a smooth and efficient process for our customers while also increasing sales and profitability for the dealership.

Requirements

• Previous experience as an Automotive Finance Manager is required.
• Strong understanding of automotive financing and leasing processes.
• Excellent communication and negotiation skills.
• Ability to work in a fast-paced environment and multitask effectively.
• Detail-oriented with strong organizational skills.
• Proficient computer skills, including experience with finance and insurance software.
• Knowledge of relevant legal and regulatory requirements.
• Valid driver's license and clean driving record.

Responsibilities

• Manage all aspects of automotive financing for customers, including but not limited to, obtaining credit reports, analyzing credit applications, and submitting loan applications to lenders.
• Work closely with the sales team to identify and secure financing options for customers in a timely and efficient manner.
• Educate customers on available financing and insurance options, as well as any additional products and services offered by the dealership.
• Coordinate with lenders and finance companies to obtain approval for financing and finalize terms and conditions.
• Maintain accurate and up-to-date records of all finance transactions and submit necessary paperwork to appropriate parties.
• Ensure compliance with all state and federal regulations regarding automotive financing.
• Monitor and analyze reports to identify potential areas for improvement and implement strategies to increase profitability.
• Oversee and manage all insurance sales and processes, including extended warranties and service contracts.
• Train and mentor the sales team on best practices for financing and insurance sales.
• Conduct regular training sessions to keep the sales team updated on new financing programs and techniques.
• Handle any customer concerns or issues regarding financing or insurance.

Benefits

• Competitive income commensurate with experience.
• Health, dental, and vision insurance.
• Matching 401(k) plan.
• Opportunities for career advancement within the automotive group.
• Employee discounts on vehicle purchases and service.

What This Job Offers

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