Acura Finance Manager

Murgado Automotive Group; Highland Park (IL); On-site; USD 100,000 - 200,000; Full time

Job summary

Acura Highland Park, part of Murgado Automotive Group, is seeking a Finance Manager to support Client Advisors in presenting and completing finance, insurance, and warranty products for vehicle buyers. You will build lender relationships, protect gross profit, and drive income through service contracts, GAP, and maintenance plans while ensuring accurate paperwork and regulatory compliance.

This full-time role offers growth within a respected family-owned group and a collaborative team

Qualifications

• High school diploma or GED required.
• Three or more years of related experience and/or training.
• Current state insurance license (or ability to obtain and maintain one).

Responsibilities

• Protect gross profit by arranging financing so outside sources do not impact selling margins.
• Build and maintain strong relationships with lenders and finance sources, including the manufacturer.
• Generate additional income through vehicle service contracts, GAP coverage, and maintenance plans.
• Convert cash deals to finance and process finance and lease deals accurately and fairly to secure approval.
• Manage all paperwork for each vehicle sale, including customer signatures, payoff and insurance information, and title, lien, and tax review before forwarding to accounting.
• Complete federal, state, and dealer paperwork in a timely and efficient manner.
• Work with Client Advisors and sales managers to secure a reasonable profit from every sale.
• Train and update the sales team on finance and lease programs and the benefits of financing, insurance, and extended service programs.
• Manage the alternative finance source program so several sources are always available.
• Explain manufacturer and dealership service procedures and policies to customers.
• Maintain a current state insurance license and complete continuing credit insurance education as needed.
• Comply with federal, state, and local regulations affecting new- and used-vehicle sales and finance, and conduct business ethically and professionally.
• Perform other duties as requested, directed, and assigned

Job description

Finance Manager (F&I) – Acura Highland Park

Full-time | Highland Park, IL | Murgado Automotive Group

About Us

Acura Highland Park is part of Murgado Automotive Group, one of the best automotive groups in the country. Our team is what makes our dealerships best in class. When you join us, you become part of a friendly, tight-knit family that cares about your goals and ambitions. We promote only from within, so the opportunity for growth is endless.

About the Role

As Finance Manager, you will work with and support our Client Advisors as they present, sell, and complete the sale of finance, insurance, and warranty products to clients purchasing a vehicle.

What You'll Do

• Protect gross profit by arranging financing so outside sources do not impact selling margins
• Build and maintain strong relationships with lenders and finance sources, including the manufacturer
• Generate additional income through vehicle service contracts, GAP coverage, and maintenance plans
• Convert cash deals to finance and process finance and lease deals accurately and fairly to secure approval
• Manage all paperwork for each vehicle sale, including customer signatures, payoff and insurance information, and title, lien, and tax review before forwarding to accounting
• Complete federal, state, and dealer paperwork in a timely and efficient manner
• Work with Client Advisors and sales managers to secure a reasonable profit from every sale
• Train and update the sales team on finance and lease programs and the benefits of financing, insurance, and extended service programs
• Manage the alternative finance source program so several sources are always available
• Explain manufacturer and dealership service procedures and policies to customers
• Maintain a current state insurance license and complete continuing credit insurance education as needed
• Comply with federal, state, and local regulations affecting new- and used-vehicle sales and finance, and conduct business ethically and professionally
• Perform other duties as requested, directed, and assigned

Qualifications

• High school diploma or GED required
• Three or more years of related experience and/or training, or an equivalent combination of education and experience
• Current state insurance license (or ability to obtain and maintain one)

$100,000 - $200,000 a year

Salary is an estimate based on experience and and performance. No cap on commissions.

Murgado Automotive Group is an equal opportunity employer. Murgado Automotive Group does not discriminate in employment on account of race/ethnicity, color, religion, national origin, gender, sexual orientation/transgender status, age disability, martial/parental status, citizenship status, military status, political affiliation and/or beliefs, pregnancy, order of protection status or other non-merit status.

We are an employer who participates in the E-verify program with the Department ofHomeland and Security.