Automotive Finance Manager

Ken Garff•Clive, IA

About The Position

Stew Hansen Hyundai, a Ken Garff Automotive Dealership, is seeking an F&I Manager to provide exceptional customer service and appropriate financing and insurance options to customers completing vehicle purchases. The role builds and maintains positive relationships with lending sources to expand the options available to customers. The F&I Manager also oversees finance and insurance production, ensures deal paperwork is completed and submitted promptly, safeguards transaction funds, and helps manage deal and cash flow in line with company guidelines.

Requirements

  • Previous experience in a dealership F&I department, selling financial services, or auto sales.
  • High school diploma or equivalent.
  • Able to provide references upon request.
  • Friendly and cooperative, with the ability to quickly connect with customers.
  • Excellent communication and negotiation skills, and the ability to deal with customers and coworkers creatively, logically, and empathetically.
  • Detail-oriented, with a preference for high quality and technical expertise.

Nice To Haves

  • College degree preferred.

Responsibilities

  • Treat every customer in a friendly, professional manner, regardless of their financing or purchasing decision or credit ability.
  • Manage reserve income, F&I product penetration and income, and per-vehicle retail averages in accordance with company standards.
  • Set up monthly forecasts in conjunction with the sales department and use them to establish and meet monthly objectives.
  • Submit finance deal paperwork to finance sources and obtain approval; complete and submit all necessary deal paperwork to the accounting office in a timely manner.
  • Collect and safeguard all money and fees required in transactions.
  • Assist the dealership in managing deals and cash flow according to company Contracts-In-Transit guidelines.
  • Establish and maintain positive working relationships with lending sources.

Benefits

  • Competitive compensation package.
  • 401(k) with company match.
  • Wellness Time Off, holidays, and a Personal Purpose Day.
  • Medical, dental, vision, disability, AD&D, and life insurance.
  • Flexible Spending Account and Health Savings Account.
  • Employee Assistance Program, Wellness Plan, Mental Health Support, and Diabetes Management Program.
  • Parental Leave Stipend.
  • Year-end bonus program for all employees (Garff Giveback).
  • Employee discounts on vehicle purchases, parts, service, and more.
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