Finance Manager

Vision Ford
Wahpeton, ND Full Time
POSTED ON 10/21/2022 CLOSED ON 11/19/2022

What are the responsibilities and job description for the Finance Manager position at Vision Ford?

The Finance Specialist(F&I) sells financing and after warranty programs. F&I also work with financial lenders to give competitive interest rates to buyers. As with all positions within dealerships, F&I department employees are expected to uphold the highest ethical standards.

Duties

· Fully proficient with title laws and registration process

· Maintains proficiency and certifications as required for the position

· Accurately desks deals, submits deals to lenders for approval, makes credit decisions, and effectively closes deals

· Ensures all deals are fully compliant with local, state and federal guidelines

· Prepares paperwork, contracts and delivers deals

· Accurately audits team deals Post-Sale

· Ensures the expeditious funding of all contracts

· Offering vehicle financing and insurance to customers and providing them with a thorough explanation of aftermarket products and extended warranties and a complete explanation of manufacturer and dealership service procedures and policies.

· Seeking new lending institutions and maintaining good working relationships to secure competitive interest rates and financing programs.

· Understanding and complying with federal, state and local regulations that affect the new and used-vehicle and finance departments.

· Creating and maintaining a program with the sales department that will ensure all new sales are referred to the F&I department.

· Training and providing the sales team with information on finance and lease programs and the benefits of the dealership’s financing and extended service programs.

· required to maintain the profitability of their department while controlling expenses and maintaining customer satisfaction

Qualifications

· A college degree or equivalent experience in finance is preferred but not required.

· A strong background in business, mathematics, marketing and computers is also required.

· 2 years of experience. Proven track record of success with verifiable data

· It is recommended that the finance and insurance manager is recommended has two years of sales experience and one year in a dealership management position.

· Knowledge of dealership finance and insurance procedures

· Professional personal appearance & excellent communication skills.

· Excellent verbal/written communication, strong negotiation and presentation skills

· F & I personnel require strong communication skills in order to work with customers, employees and finance and insurance vendors as they represent the dealership.

Job Type: Full-time

Schedule:

  • Monday to Friday
  • Weekend availability

Experience:

  • Automotive Finance: 2 years (Preferred)

Work Location: One location

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