Finance Manager

Bedford CDJR•Bedford Hills, NY

About The Position

The Finance Manager, also referred to as the Finance and Insurance Manager, coordinates the sale of financing and insurance programs to dealership customers. The role works with lenders and financial institutions to provide financial services, supports the dealership’s compliance initiatives, and collaborates closely with the sales team. The position is responsible for financial-services goals, customer satisfaction, documentation, and compliance with applicable laws, regulations, and company requirements. Duties listed are not exhaustive and may be amended to meet business and organizational needs.

Requirements

  • At least 3 years of automotive dealership F&I producer experience.
  • Proven track record.
  • Strong record of positive Customer Satisfaction results.
  • Team-oriented.
  • Valid driver's license with a good driving record.
  • Successfully complete an MVR check, background check, and pre-employment drug test.

Nice To Haves

  • Finance and Insurance Management training.

Responsibilities

  • Sell financing and insurance products to customers.
  • Meet financial-services goals and gross production objectives.
  • Review customer credit applications.
  • Offer extended service contracts and other owner protection programs.
  • Assess the dealership’s profitability of financing arrangements.
  • Use the menu selling process.
  • Ensure deal documentation is complete using a deal checklist.
  • Maintain Customer Satisfaction scores at or above company standards.
  • Work closely with the sales team.
  • Ensure compliance with laws and regulatory obligations concerning financial services and products.
  • Support and comply with Safeguard and Transaction compliance programs and rules.
  • Ensure dealership activities comply with organizational guidelines and local, state, and federal laws and regulations.
  • Oversee completion and submission of financing documents.
  • Act as liaison between customers and lending institutions.
  • Reinforce company policies and adhere to company standards.
  • Encourage compliance with applicable laws and regulations.
  • Ensure compliance with company F&I reporting requirements.
  • Attend weekly manager meetings.
  • Maintain effective employee relations and promote and maintain good ESI.

Benefits

  • Medical benefits.
  • Employee discounts on vehicle purchases, parts, and service.
  • Paid time off.
  • Comprehensive employee recognition programs.
  • Continued manufacturer training.
  • Opportunities for career advancement and advancement from within.
  • Competitive compensation.
  • Comprehensive benefits program.
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