Automotive F&I Manager

Ken Garff Automotive Group; Ankeny (IA); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Competitive compensation package

401k with company match

Wellness Time Off

Medical, Dental, Vision, Disability

AD&D and Life Insurance

Flex Spending / Health Savings Account

Parental Leave Stipend

Year-end bonus program

Employee discounts on vehicle purchase

Job summary

Dewey Ford, a Ken Garff Automotive Dealership, is seeking an F&I Manager to provide financing and insurance options, maintain lender relationships, and deliver exceptional service while aligning with our core values.

You will manage reserve income, F&I product penetrations, and per-vehicle retail averages; forecast monthly results with the sales team and ensure timely paperwork with finance sources. We emphasize integrity, teamwork and growth.

Qualifications

• High School diploma or equivalent; college degree preferred.

Responsibilities

• Treat every customer in a friendly, professional manner.
• Manage reserve income, F&I product penetrations and per-vehicle retail (PVR) averages.
• Set up monthly forecasting with the sales department and use the forecast to meet monthly objectives.
• Submit all paperwork to finance sources on all deals and finalize all paperwork in a timely manner.
• Collect and safeguard all money and fees required in the transactions.
• Assist the dealership in managing deal and cash flow per Cit guidelines.

Skills

Communication

Negotiation

Customer service

Attention to detail

Relationship building

Education

High School Diploma

College degree preferred

Job description

Dewey Ford, a Ken Garff Automotive Dealership, is currently looking for an F&I Manager that aligns with our core values and acts with respect, integrity, growth, humility and teamwork. As our F&I Manager, you provide exceptional service and appropriate financing and insurance options to our customers to finalize the purchase of a vehicle. Due to your strong work ethic, you easily establish and maintain positive working relationships with several lending sources which enhances the options available to our customers. Looking for: Friendly and cooperative with an ability to quickly connect with customers Excellent communication and negotiation skills; deals creatively, logically and empathetically with customers and coworkers Detail oriented with a preference for high quality and technical expertise Previous experience in a dealership F&I Department, selling of financial services, or auto sales High School diploma or equivalent required; college degree preferred Must be able to provide references upon request

Why you’ll love working with us:

• Competitive compensation package and 401k with company match
• Wellness Time Off, plus holidays, plus a Personal Purpose Day
• Medical, Dental, Vision, Disability Insurance, AD&D and Life Insurance
• Flex Spending, Health Savings Account, EAP, Wellness Plan, Mental Health Support, Diabetes Management Program, and Parental Leave Stipend
• Year-end bonus program for ALL employees (Garff Giveback)
• Employee discounts on vehicle purchase, parts, service and more!

What you’ll do as a F&I Manager:

• Treat every customer in a friendly, professional manner, regardless of the customers financing or purchasing decision, or credit ability
• Manage overall production of reserve income, F&I product penetrations and income, and per-vehicle retail (PVR) averages in accordance with company standards
• Set up monthly forecasting in conjunction with the sales department forecasting; Use the forecast to establish and meet monthly objectives
• Submit all paperwork to (and obtain approval from) finance sources on all finance deals; finalize all paperwork necessary in the car deal in a timely manner and submit to the accounting office
• Collect and safeguard all money and fees required in the transactions
• Assist the dealership in managing deal and cash flow in accordance with the company Contracts-In-Transit (CIT) guidelines

Will you join us as a new F&I Manager? Will you throw your energy and focus behind what we’re doing? Will you live our values and do things differently than you’ve ever done them? Will you listen and build trust and foster relationships? This organization, that started as an idea by a man named Ken Garff way back in 1932, needs one thing to keep its vision intact and its purpose of reinventing an industry moving forward. It needs you. We are an Equal Opportunity Employer You're in for a great ride (excuse the car metaphor) We're not your standard dealership or group of dealerships and we're pretty darn proud of that. We're out to do things differently. We want to consistently change, grow, and progress. For that reason, our employees are proud of where they work. Our history is rich in the tradition of doing things differently. It began with Ken Garff himself. It continued through all of those who followed Ken and is alive and thriving today.