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Automotive Finance Manager
Automotive Finance ManagerMike Savoie Chevrolet • Troy, Michigan, USA
Automotive Finance Manager

Automotive Finance Manager

Mike Savoie Chevrolet • Troy, Michigan, USA
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Mike Savoie Chevrolet is a third-generation family-owned dealership that has been in business since 1966 yet remains one of the fastest growing dealerships in the Metro Detroit area! We pride ourselves on doing the right thing for our customers and our employees. We have many employees that have been with us for numerous years and contribute to our family atmosphere. If youre looking for a great environment where dedication hard work and integrity are valued apply today!

We are seeking a motivated and professional F&I Manager to join our team. This role is essential for ensuring every vehicle sale is closed efficiently ethically and profitably while maintaining a high level of customer satisfaction. The ideal candidate has a proven track record in auto-financing warranty programs and automotive sales.

Benefits :

  • BCBS / BCN Medical (PPO and HMO plans offered)
  • Company Sponsored Health Savings Account (HSA) Available
  • Dental and Vision Coverage
  • Life and AD&D Insurance
  • Short Term Disability Insurance
  • Aflac
  • 401K with Company Match
  • Paid Vacation
  • Closed Weekends
  • Professional Sporting Events Company Raffles
  • Company Apparel Program
  • Holiday and Monthly Birthday Celebrations

Responsibilities :

  • Present and sell financing options and a full complement of F&I products to cash finance and leasing clients
  • Generate additional dealership revenue through the proficient sale of vehicle service contracts GAP coverage Tire & Wheel and many more products
  • Manage the credit application process for all customers providing guidance to sales staff as needed
  • Process finance and lease transactions accurately and fairly submitting them to financial sources to secure approvals
  • Protect dealership gross profit by structuring financing arrangements effectively to minimize impacts on selling margins
  • Monitor all active deals to ensure the timely funding of contracts by lenders
  • Ensure full compliance with all federal state and local regulations that affect vehicle sales and the finance department
  • Collaborate with the sales team to ensure all federal state and dealer paperwork is processed accurately for every transaction
  • Review and verify all paperwork for correct title lien information and tax calculations before forwarding it to the accounting department
  • Safeguard all customer information ensuring confidentiality and strict compliance with all applicable privacy laws and regulations
  • Train and mentor the sales staff on the benefits of financing F&I products and extended service programs
  • Collaborate with other F&I Manager(s) and Salespeople to manage delivery schedule and ensure all customers are assisted with financing and presented with vehicle protection offerings
  • Support the Sales Manager by building deals in the Dealership Management System (DMS) and overseeing the vehicle hold process
  • Supervise and train a designated backup to ensure continuous departmental efficiency
  • Perform other duties as assigned by management
  • Qualifications :

  • Expert knowledge of dealership finance processes lending guidelines and all federal state and local compliance requirements
  • Proficiency with various industry software including the Dealership Management Software (DMS) F&I Menu System Customer Relationship Management (CRM) Software and others
  • Advanced negotiation selling and closing skills
  • Detailed knowledge of F&I products and manufacturer warranty
  • Strong mathematical and finance skills
  • Excellent verbal and written communication skills
  • Highly organized and detail oriented with strong follow-up skills
  • A valid in-state drivers license and MVR that meets company standards
  • Education and Experience :

  • 3 years of proven experience as an Automotive F&I Manager
  • Prior experience in automotive sales is required
  • A verifiable track record of high performance in F&I product sales and revenue generation
  • High school diploma or equivalent. Advanced degree is a plus
  • AFIP Certification is strongly preferred
  • We are an equal opportunity employer and prohibit discrimination / harassment without regard to race color religion age sex national origin disability status genetics protected veteran status sexual orientation gender identity or expression or any other characteristic protected by federal state or local

    Required Experience :

    Manager

    Key Skills

    Sales Experience,Mechanic Experience,Customer Service,Dealership Experience,GM Vehicles,Management Experience,Upselling,Auto Service Management,Automotive Repair,Computer Literacy,Leadership Experience,Automotive Service

    Employment Type : Full-Time

    Experience : years

    Vacancy : 1

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    Automotive Finance Manager • Troy, Michigan, USA

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