Finance Manager

Lee Johnson Auto Family
Seattle, WA Full Time
POSTED ON 11/27/2022 CLOSED ON 5/25/2023

What are the responsibilities and job description for the Finance Manager position at Lee Johnson Auto Family?

When we opened our doors in 1933, we committed to upholding our reputation as our highest value. Now in our third generation of family ownership, caring about our employees, customers and community continues to define us. We have a very supportive and welcoming work environment. We genuinely care about our employees and their families, and we want them to succeed in work and in life. Our environment is upbeat, fun and engaging, where you can achieve your dreams and even be challenged to succeed beyond your expectations. We offer opportunities to grow your career and love to promote from within. We have 9 stores, including Kirkland, Seattle, Everett, Monroe, Lake Stevens and Bothell. We offer medical, dental, vision, 401k w/match and paid vacation. Our employees are proud to say they are part of the Lee Johnson Auto Family!

Core Responsibilities

Sell financing and insurance packages to customers.

Finance and insurance manager may be required to:

  • Explain aftermarket products and extended warranties to customers.
  • Nurture productive working relationships with multiple finance sources, and pursue competitive finance programs and interest rates through current and new lenders.
  • Convert cash transactions to finance.
  • Secure finance approval by accurately preparing finance/lease transactions through finance sources.
  • Prepare/file all government and dealer vehicle transaction reports in a timely manner.
  • Verify documents contain valid title, lien, and tax information prior to routing to accounting.
  • Receive all applications for credit.
  • Develop a system to yield 100% turnover to the finance and insurance department.
  • Explain dealership and manufacturer service policies to customers.
  • Regularly review financing, extended service and insurance programs with sales team.
  • Generate finance penetration reports, and coordinate with sales department to develop finance forecasts.
  • Verify insurance and finance fees are collected.
  • Review vehicle sale profits with sales manager.
  • Coordinate with customer service representative to develop strategies for maximizing customer satisfaction.
  • Coordinate with sales manager to develop departmental goals/objectives with achievement strategies.
  • Generate EOM commission reports for each member of sales team and forward to the payroll office.
  • Retain ample supply of all contracts and forms necessary to complete/finalize vehicle transactions.
  • Attend manager meetings.
  • Train a designated employee to perform these duties in the finance and insurance manager's absence.

In addition, finance and insurance manager should:

  • Possess basic math skills.
  • Be capable of speaking with customers or employees; reading/understanding manuals, operating and maintenance instructions, and safety regulations; and writing financial/marketing reports and other correspondence.
  • Be professional and courteous in attitude, wardrobe and grooming.
  • Uphold the highest ethical standards.
  • Understand and comply with current and future government regulations affecting new- and used-vehicle and finance departments.
  • Complete other duties as assigned.

Job Type: Full-time

Pay: Up to $150,000.00 per year

Benefits:

  • 401(k)
  • Dental insurance
  • Employee discount
  • Health insurance
  • Paid time off
  • Referral program
  • Vision insurance

Physical setting:

  • Office

Schedule:

  • 10 hour shift
  • Weekend availability

Supplemental pay types:

  • Bonus pay
  • Commission pay

Ability to commute/relocate:

  • Seattle, WA 98105: Reliably commute or planning to relocate before starting work (Required)

Application Question(s):

  • Can you pass a background and driving report?

Experience:

  • Dealership: 2 years (Preferred)
  • Sales: 2 years (Preferred)

Work Location: One location

Salary : $150,000 - $0

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