Automotive Finance Manager

G137 GL SHH, LLC; Clive (IA); On-site; USD 60,000 - 90,000; Full time

Benefits offered by this job

401k with company match

Wellness Time Off and Personal Purpose

Medical, Dental, Vision, Disability,AD

Flexible Spending, HSA, Wellness and E

Garff Giveback year-end bonus

Employee discounts on vehicle purchase

Job summary

Ken Garff Automotive Group in Clive, IA is seeking an experienced F&I Manager to provide financing and insurance options to customers and to drive profitable deal structures.

You will build strong lender relationships, ensure compliance, and lead the administrative side of vehicle financing while upholding our values.

Qualifications

• Excellent communication and negotiation skills; connects well with customers and coworkers.
• Detail oriented with a focus on high quality and technical expertise.
• Experience in a dealership F&I department or selling of financial services.
• High School diploma or equivalent; college degree preferred.

Responsibilities

• Treat every customer professionally, regardless of financing decision or credit.
• Manage reserve income, F&I product penetrations and per-vehicle retail averages per standards.
• Set up monthly forecasting with the sales department and use it to meet objectives.
• Submit all paperwork to finance sources and finalize deals timely; submit to accounting.
• Collect and safeguard all money and fees required in transactions.
• Assist the dealership in managing deal and cash flow per CIT guidelines.

Skills

Communication skills

Negotiation skills

Attention to detail

Dealership experience

Education

High School diploma or equivalent

College degree preferred

Job description

Considering a career with Ken Garff Automotive Group means you are in for a great ride (excuse the car metaphor)! We’re not your standard dealership or group of dealerships and we are pretty darn proud of that. We are out to do things differently and want to consistently change, grow, and progress. For that reason, our employees are proud of where they work! Stew Hansen Hyundai, 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. Insert dealership name, a Ken Garff Automotive Dealership, needs you as our F&I Manager.

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.