F&I Manager (Business Manager)

Sunset Ford of WaterlooWaterloo, IL
Onsite

About The Position

Sunset Ford, a cornerstone of the automotive industry since 1912, is seeking a high-performing F&I Manager for its Waterloo, IL location. This role requires a leader who excels in driving PVR & PPR with integrity. While the primary focus is on maximizing finance profitability through menu selling and lender relations, the F&I Manager will also be a key member of the management team, capable of assisting on the sales desk when needed. The ideal candidate is a closer who thrives on structuring deals and building strong relationships with lenders.

Requirements

  • At least 2+ years of experience as a high-performing Automotive F&I Manager.
  • Proficiency in desking deals and appraising vehicles.
  • Expert knowledge of DMS systems, menu software, and appraisal tools.
  • Commitment to transparency and ethical business practices.
  • Valid driver's license and a satisfactory driving record.
  • Willingness to submit to a pre-employment background check and drug test.

Nice To Haves

  • Ability to step out and assist on the sales desk when needed.

Responsibilities

  • Execute a professional menu-selling process to maximize PVR and maintain high penetration rates for VSCs, GAP, and ancillary products.
  • Build and leverage aggressive relationships with local and national lenders to secure the best rates and fast approvals for all credit tiers.
  • Act as a strategic partner to the sales floor—desking deals, structuring financing options, and performing professional trade-in appraisals.
  • Ensure 100% accuracy and compliance with all state and federal regulations; maintain "bulletproof" deal jackets.
  • Take personal ownership of Contracts-In-Transit to ensure the dealership’s cash flow remains optimal.
  • Provide "turns" and coaching to the sales team to improve deal structure and handoff quality.

Benefits

  • 100% PAID Employee Medical, Dental, & Vision Insurance for full-time employees
  • Retirement 401k: Immediate and Automatic Enrollment
  • PAID Vacation
  • Competitive Pay: A high-reward plan designed for top-tier earners with experience
  • Paid Training and Certifications
  • Employee Pricing on New & Used Cars
  • Employee Discounts on Parts & Service
  • Referral Bonuses
  • Friendly Team Atmosphere
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