Automotive F&I Manager

Lithia & Driveway•Lincoln, ID

About The Position

The Finance & Insurance (F&I) Manager helps dealership customers select vehicle protection products and obtain financing. The role builds professional relationships with lenders, submits deals electronically, enters transactions into ADP and bank approval systems, and processes accurate transaction paperwork in accordance with office, state DMV, and lender requirements. The F&I Manager tracks receivables and funding stipulations, works with sales staff to complete transactions to customers’ satisfaction, and supports customer engagement in the sales department during peak traffic. The position reports to the General Sales Manager. Appropriate licensing must be obtained within 90 days of hire. Lithia & Driveway describes its culture as focused on earning customers for life, continuous improvement, and ownership of results. The company highlights advancement opportunities across its national network, leadership development and training, recognition of results, and the opportunity to influence store success and shape a team.

Requirements

At least 2 years of dealership F&I Manager experience.
Acceptable driving record.
Valid driver’s license in the state of residence.
High school graduate or equivalent.
At least 18 years old.

Responsibilities

Greet customers in a friendly and professional manner.
Present vehicle protection products and explain their benefits to help customers choose protection packages.
Arrange customer financing by working with lenders to obtain the best available financing.
Submit deals to banks electronically using the appropriate dealer system.
Enter transactions into ADP and bank approval systems.
Process transaction paperwork accurately and meet office, state-specific DMV, and lender requirements.
Track deal receivables and follow up on outstanding items to collect funds and satisfy bank stipulations for contract funding.
Participate in store meetings, including Sales Receivables, Save-a-Deal, and Store Manager meetings.
Work with the sales team and sales managers to complete transactions accurately and to customers’ satisfaction.
Follow up with customers as a courtesy reminder about purchased products requiring customer action.
Assist the Sales Team with customer engagement in the sales department during peak traffic times.
Obtain all appropriate licensing within 90 days from the date of hire.