Automotive Finance Manager

McGrath KIA of Highland Park • Highland Park, IL

3d • Onsite

About The Position

Join our thriving dealership as an experienced Automotive Finance Manager, where you'll play a pivotal role in guiding our customers through financing options while supporting our sales team. We seek a candidate with a minimum of 3 years of experience and a demonstrated record of excellence in finance and insurance management. If you're passionate about fostering relationships, adhering to sales processes, and maintaining the highest ethical standards, we encourage you to apply!

Requirements

• Minimum of 3 years as a Finance Manager in the automotive industry.
• Strong sales experience.
• Excellent verbal and written communication skills.
• Proficient in reading and comprehending instructions and information.
• Competency in personal computer applications, including word processing and spreadsheet software.
• Valid driver's license.

Responsibilities

• Develop and maintain comprehensive knowledge of all finance and insurance products offered by the dealership.
• Prepare and submit accurate documentation to secure financing approvals for customers.
• Collaborate with sales management to ensure a 100% turnover of customers to the Finance & Insurance department.
• Work alongside sales managers to facilitate customer approvals and provide products that protect their investments.
• Forecast finance department goals in partnership with the sales team to achieve desired penetration rates and revenue targets.
• Verify the accuracy of title, lien information, taxes, and other customer documentation.
• Ensure customer information is accurately maintained in dealership databases, including email addresses.
• Notarize deal paperwork as necessary and submit completed deals to the office promptly.
• Ensure timely funding of deals from financial institutions post-sale.
• Acquire necessary licenses for selling insurance, as applicable.
• Generate monthly reports on finance penetration and products sold.
• Keep sales management informed about current rates and product offerings.
• Complete all required training certifications as directed by management.
• Adhere to policies outlined in the Personnel Policy Manual and other corporate guidelines.
• Perform other duties as assigned.

Benefits

• Competitive salary and performance-based bonuses.
• Health, dental, and vision insurance.
• Retirement savings plan with company matching.
• Paid time off and holiday pay.
• Employee discounts on vehicle purchases and services.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED