Finance Manager (CBG)

Cavender Auto Family•Midwest City, OK

14d

About The Position

Confidence Chevrolet Buick GMC, a Cavender Auto Family dealership, is seeking a Finance Manager (F&I) to help secure vehicle sales, protect front-end gross, and provide customers with a professional and friendly experience. The role involves arranging dealership financing and F&I products, working with lending sources, completing and submitting deal paperwork, maintaining accurate records and insurance files, and supporting sales staff with F&I processes. The Finance Manager also tracks performance against standards and monthly objectives, maintains relationships with customers and lenders, and follows Cavender Auto Family F&I policies and procedures.

Requirements

High school diploma or GED.
Successfully complete an MVR check, background check, and pre-employment drug test.
Valid driver's license.
At least 2 years of experience in a dealership F&I department, selling financial services, or auto sales.
Must be able to provide references upon request.
Ability to read and comprehend instructions and information.
Professional personal appearance.
Excellent communication skills and attention to detail.
Ability to sell at least the minimum quota according to dealership standards.

Responsibilities

Secure vehicle sales and protect front-end gross while treating every customer in a friendly, professional manner, regardless of their financing or purchasing decision or credit ability.
Learn and adhere to Cavender Auto Family F&I policies and procedures.
Meet acceptable standards for F&I product sales and financing, measured by income and penetration levels.
Establish and maintain good working relationships with lending sources.
Submit paperwork to finance sources and obtain approval for finance deals.
Complete car-deal paperwork accurately and promptly and submit it to the accounting office.
Maintain a Daily Operating Control and review it regularly with the General Manager.
Acquire required insurance licenses and keep them current.
Provide Sales Managers with a monthly average interest rate for computing customer payments.
Set up and maintain a program that ensures a 100-percent turnover ratio to the F&I department.
Attend and participate in sales meetings; instruct salespeople in proper endorsement of F&I products and dealership financing.
Maintain an up-to-date manual with lender rates and incentives, factory programs and incentives, F&I product prices, and other pertinent information.
Assist with customer claims on F&I products and follow up to ensure satisfactory resolution.
Set up monthly forecasting with the sales department, establish monthly objectives from the forecast, and meet those objectives.
Maintain insurance files, including policies, rates, claim forms, and procedures.
Collect and safeguard all money and fees required in transactions.