Finance Manager

CORNERSTONE AUTO GROUP•Elk River, MN

10h•Onsite

About The Position

For over fifty years, Cornerstone Auto Group has experienced continuous growth and evolution through generations of family ownership. Being family owned has its rewards. We operate on a set of standards that you don't find at other dealerships. Our mission is to foster meaningful connections with both our customers and employees. Learn more about our story of success and dedication to excellence. We firmly believe in investing in the success of our team members. We are dedicated to supporting you on your journey toward personal and professional development through comprehensive initiatives aimed at unlocking your full potential and fostering your career advancement. This unwavering commitment to our employees has been recognized by our team members themselves, resulting in being honored as a Top Workplace in MN since 2018 and a Top Workplace USA since 2022. We are looking for someone to join us in the role of Finance Manager.

Requirements

Bachelor’s degree (B.A.) or equivalent from four-year College or university; or one to two years related experience and/or training; or equivalent combination of education and work experience.
Current, valid Drivers License with driving record that meets insurance company standards
Willing to submit and the ability to pass a pre-employment background check and drug screen
Excellent communications skills, both verbal and written
Good working relations with customers by providing courteous, efficient and professional service
Ability to lift 25lbs
Ability to have a flexible schedule (evenings and Saturdays)

Responsibilities

Presents financing options, credit life, accident, and health insurance to customers.
Protect the dealership’s interest by following local, state and federal regulations, including verifying and protecting customer identity.
Fully disclose details of sales and F&I products making sure the customer understands their terms.
Provides customers with thorough explanation of optional aftermarket products and extended warranties.
Manages CIT (Contracts in Transit) daily to assure prompt funding.
E-contracting to be used with banks available to accelerate funding time.
Manage/control (protect) license plate and tab distribution.
Establishes and maintains good working relationships with several finance sources, including the manufacturer.
Processes finance and lease deals accurately and fairly through financial sources to secure approval.
Conducts and see that business is conducted in an ethical and professional manner.
Processes all federal, state, and dealer paperwork related to vehicle transaction.
Checks all paperwork for correct title, lien information, taxes, etc., before forwarding to accounting.
Acquires and maintains current state insurance license, completing continuing credit insurance education as needed.
Provides customers with complete explanation of manufacturer and dealership service procedures and policies.
Seeks new lending institutions to secure competitive interest rates and finance programs continually.
Manages the alternative finance source program to ensure that several sources are available.
Provides sales force and sales managers with current information about finance and lease programs continually.
Trains the sales staff regarding the benefits of financing, insurance and extended service programs.
Get involved as early as possible in the sales transaction.
Meet the customer at the sales associate’s desk.
Take or review all credit applications prior to submitting to lenders.
Verifies all funds are collected as well as the title and lien releases are secured, or a payment is collected to obtain them.