Automotive Finance Manager

Stanley Automotive; Brownwood (TX); On-site; USD 100,000 - 140,000; Full time

Benefits offered by this job

Employer-sponsored benefits after 30  

19 paid days off

Job summary

Stanley Chrysler Dodge Jeep Brownwood is seeking an experienced Finance and Insurance Manager located in Brownwood, Texas. The role requires at least two years of automotive dealership finance experience and involves building lender relationships and ensuring ethical deal practices.

In addition to a competitive pay structure, the position offers benefits after 30 days and the opportunity to earn over $100,000 annually, with up to 19 paid days off.

Qualifications

• Two or more years of automotive sales experience and one or more years of dealership management experience.

Responsibilities

• Maintains strong finance source relationships.
• Successfully obtains lender approvals through appropriate deal structure and negotiation skills.
• 100% presentation of products utilizing Stanley Menu and backend products with targets.
• Ensures accurate paperwork and timely funding.
• Mentors and trains the sales team.

Skills

Automotive finance experience

Dealership management experience

Job description

Stanley Chrysler Dodge Jeep Brownwood - Seeking Experienced Finance and Insurance Manager

You must have 2 years of Automotive Dealership Finance Experience to qualify.

Location: Brownwood, Texas.

Text "Finance" to 325-735-9461 to apply now.

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Finance Manager Will Enjoy The Following Benefits

• $100,000+ Annual earning potential
• Competitive compensation package including employer-sponsored benefits after the first 30 days of employment
• Earn up to 19 paid days off
• Must work in a highly ethical environment and adhere to all policies including product mark-up caps
• Must successfully handle desk duties when not working F&I
• Must pass drug test, background check, and motor vehicle record check

Finance Manager Job Summary

The Finance Manager is directly responsible for the overall operation of the Finance Department. The Finance Manager is directly responsible for building a “Team” atmosphere that allows the dealership to attain top box customer satisfaction and consistent department profitability. Other goals and responsibilities include, but are not limited to: ensuring excellent relationships with lenders, confirming manufacturer rebates, submitting and promptly funding contracts, routing to accounting in a timely fashion, and funding expeditiously. The Finance Manager will ensure every deal is handled ethically. Consistently achieves a success index (product penetrations) of 300 or better and a PRU after chargebacks of $2,250.

Finance Manager Job Requirements

Two or more years of automotive sales experience and one or more years of dealership management experience.

Essential Duties

• Maintains strong finance source relationships
• Successfully obtains lender approvals through appropriate deal structure and strong negotiation skills
• 100% presentation of products utilizing Stanley Menu
  • Successfully sells a full line of backend products achieving penetration and per copy targets
  • Minimizes chargebacks by ensuring customers understand product values and charging appropriate mark-up
  • Customer signature of menu items purchased and declined is required in all deal jackets
• Works with variable department management to maximize volume and gross margin
• Provides backup to desk as needed
• Completes all paperwork accurately and routes to ensure quick funding
• Reviews all deals for accuracy, i.e., finance reserve, taxes, registration fees, manufacturer rebates, and any other special programs
• Ensures 100% adherence to all compliance policies and laws (Red Flag, Risk Based Disclosure Notices, Adverse Action Notices, FTC Safeguard Rules)
• Assists in mentoring and training the sales team

Product Presentation/Disclosure

• 100% turnover to F&I
• 100% customer interview / 100% product presentation
• Menu or disclosure with customer acceptance/rejection of product(s)

Legal Compliance

• Signed credit applications on all potential buyers regardless of sale
• Privacy notices
• Risk Based Pricing Notice
• Red Flag / OFAC
• Adverse Action Letters
• Safeguarding customer data

Personal Accountability

• Professional appearance
• Reliable
• Punctual
• Teamwork

Physical Demands

• Sitting for long periods of time
• May require lifting up to 25 lbs.

Disclaimer: This job description reflects management’s assignment of essential functions; it does not prescribe or restrict the tasks that may be assigned.