Finance Manager (Auto Dealership)

Posted Yesterday
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Mobile, AL, USA
In-Office
Senior level
Automotive
The Role
Sell finance and insurance products to dealership clients, prepare and process contracts, obtain lender approvals, verify paperwork, handle cancellations, train sales consultants, and collaborate with departments to maximize finance income while complying with legal and ethical standards.
Summary Generated by Built In

Ross Downing Auto Group is an established family owned automobile dealership based out of Hammond, La but has recently expanded to Mobile, Al.   We have served the automotive needs of the Baton Rouge/Gonzales, Hammond and New Orleans areas since 1973, maintaining a long-established tradition of sales excellence and customer satisfaction.  As a result of the standards and process this Auto Group follows we are growing and need to add even more great people to our team.

Finance and Insurance Manager
Our F&I Manager is responsible for selling financial products and services to clients at the dealership. F&I managers also work with financial lenders to give fair interest rates to buyers and are also required to uphold strict legal and ethical standards while conducting business.  Our F&I Managers must be strong closers with high product penetrations.
Job Responsibilities:
Contracts all new business
Closes potential clients, taking turns by personal contact or by phone
Addresses bounced contracts, processing them in a timely manner
Generates finance income on all sold clients, taking turns by personal contact or by phone
Checks and verifies (“washes”) paperwork involved with the cash, finance or loan transactions
Contracts or collects all money at closing
Seeks bank approval on all financed and leased deals
Maintains a working knowledge or leases
Promotes Credit Life/Accident & Health sales
Collaborates with other departments in a professional and courteous manner
Assists in acquiring approval from lenders
Assists in the training of Sales Consultants
Understands all current programs and rate options offered by our lenders
Verifies insurance and completes paperwork
Handles all cancellations for extended warranties and credit life cancellations
Understands and implements the dealership sales process
Attends weekly department meetings


REQUIREMENTS, EDUCATION and/or EXPERIENCE
Experience, education and training a PLUS
Must be eligible to work in the US
Must pass pre-employment screening to include, MVR, and criminal background check
CERTIFICATES, LICENSES, REGISTRATIONS (Including Driver's License)
Operator's Driver's License (must insurable); State Insurance License.
Benefits:

Medical/Dental/Vision/Life
401(k) with company match

Lucrative Pay Plan

Skills Required

  • State Insurance License
  • Operator's Driver's License (insurable)
  • Eligible to work in the US
  • Pass pre-employment screening (MVR and criminal background check)
  • Strong closing skills and high product penetration
  • Knowledge of lender programs, rate options, and leases
  • Experience, education and training
  • Ability to verify and process finance, cash, and loan paperwork
  • Ability to assist in training Sales Consultants
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The Company

What We Do

Ross Downing Chrysler Dodge Jeep Ram of Mobile is a leading automotive dealership located in Mobile, Alabama, serving customers in Biloxi and Pascagoula. They offer a comprehensive selection of new and certified pre-owned Chrysler, Dodge, Jeep, and Ram vehicles. Committed to a customer-first approach, they provide exceptional service and competitive deals to ensure a superior car-buying and ownership experience.

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