Finance Manager (Automotive Experience Required)

$120,000 - $250,000/Yr

Stellantis - Mobile, AL

Full-time - Mid Level

Mobile, AL

Transportation Equipment Manufacturing

About the position

The Automotive Finance & Insurance (F&I) Manager at Encore Chrysler Dodge Jeep Ram is responsible for overseeing the financing and insurance processes for vehicle sales. This role involves selling product financing, warranties, and insurance to customers while ensuring compliance with regulations and maintaining strong relationships with finance sources. The F&I Manager plays a crucial role in enhancing customer satisfaction and profitability within the department.

Responsibilities

• Offer and sell product financing, warranty, and insurance to customers
• Provide thorough explanation of aftermarket products and extended warranties to customers
• Establish and maintain good working relationships with several finance sources, including the manufacturer, to secure competitive interest rates and financing programs
• Ensure complete customer satisfaction to improve the profitability of the F&I department
• Work closely with the sales department to secure good profit from each sale, both front and back gross
• Process all federal, state and dealer paperwork related to vehicle transaction in a timely and efficient manner
• Check all paperwork on both finance and cash deals to ensure title, lien, taxes, and other related delivery documents are accurate and complete
• Prepare, submit, and file monthly penetration reports on finance penetration
• Manage contracts in transits (CIT's)
• Train and provide the sales team with current information on finance and lease programs and the benefits of the dealership's financing and extended service programs
• Work closely with the general sales manager to establish sales department goals and objectives and ensure that they are achieved
• Understand, keep abreast of and comply with federal, state and local regulations that affect vehicle sales

Requirements

• 1+ years of experience in dealership finance
• Strong background in business, mathematics, marketing and computers
• Strong customer service and follow-up skills
• Excellent verbal and written communication skills
• Strong computer skills
• Valid driver's license with a good driving record

Nice-to-haves

• A college degree or equivalent experience in finance is preferred, but not required
• DealerTrack and Darwin experience preferred, but not required

Benefits

• 401(k)
• 401(k) matching
• Dental insurance
• Disability insurance
• Employee discount
• Health insurance
• Life insurance
• Paid Time Off
• Vision insurance