Automotive Finance Manager

McGrath Kia of Highland Park; Highland Park (IL); On-site; USD 70,000 - 110,000; Full time

Benefits offered by this job

Health, dental & vision insurance

Retirement plan with company match

Paid time off & holidays

Employee discounts on vehicles & خدمات

Full-time schedule with flexibility

Job summary

McGrath Kia of Highland Park seeks an experienced Automotive Finance Manager to guide customers through financing options and support the sales team. Candidates should have 3+ years of finance manager experience in auto retail and a proven track record in compliant F&I management.

You will work closely with sales leadership to secure financing, present insurance options, and ensure accurate documentation and timely funding. A strong ethical approach is required.

Qualifications

• High school diploma or equivalent.
• Minimum of 3 years as a Finance Manager in the automotive industry.
• Strong sales experience.
• Excellent verbal and written communication skills.
• Proficient in reading and comprehending instructions and information.
• Competency in PC applications (word processing and spreadsheets).
• Valid driver's license.

Responsibilities

• Develop and maintain knowledge of all finance and insurance products offered by the dealership.
• Prepare and submit accurate documentation to secure financing approvals for customers.
• Collaborate with sales management to ensure turnover of customers to the Finance & Insurance department.
• Work with sales managers to facilitate approvals and offer products that protect customer investments.
• Forecast finance department goals with the sales team to reach targets.
• Verify accuracy of title, lien information, taxes, and other paperwork.
• Ensure customer data is kept in dealership databases accurately.
• Notarize deal paperwork as needed and submit deals promptly.

Skills

Strong sales experience

Excellent communication skills

Reading and comprehension

Valid driver's license

Education

High school diploma or equivalent

Job description

Overview:

Join Our Family at McGrath Kia of Highland Park! We are thriving and we have an immediate opening for an experienced Automotive Finance Manager, where you'll play a pivotal role in guiding our customers through financing options while supporting our sales team. We seek a candidate with a minimum of 2 years of experience and a demonstrated record of excellence in finance and insurance management. If you're passionate about fostering relationships, adhering to sales processes, and maintaining the highest ethical standards,

Key Responsibilities:

• Develop and maintain comprehensive knowledge of all finance and insurance products offered by the dealership.
• Prepare and submit accurate documentation to secure financing approvals for customers.
• Collaborate with sales management to ensure a 100% turnover of customers to the Finance & Insurance department.
• Work alongside sales managers to facilitate customer approvals and provide products that protect their investments.
• Forecast finance department goals in partnership with the sales team to achieve desired penetration rates and revenue targets.
• Verify the accuracy of title, lien information, taxes, and other customer documentation.
• Ensure customer information is accurately maintained in dealership databases, including email addresses.
• Notarize deal paperwork as necessary and submit completed deals to the office promptly.
• Ensure timely funding of deals from financial institutions post-sale.
• Acquire necessary licenses for selling insurance, as applicable.
• Generate monthly reports on finance penetration and products sold.
• Keep sales management informed about current rates and product offerings.
• Complete all required training certifications as directed by management.
• Adhere to policies outlined in the Personnel Policy Manual and other corporate guidelines.
• Perform other duties as assigned.

Qualifications:

• Education: High school diploma or equivalent.
• Experience: Minimum of 3 years as a Finance Manager in the automotive industry.
• Skills:
• Strong sales experience.
• Excellent verbal and written communication skills.
• Proficient in reading and comprehending instructions and information.
• Competency in personal computer applications, including word processing and spreadsheet software.
• Valid driver's license.

Benefits:

• Competitive salary and performance-based bonuses.
• Health, dental, and vision insurance.
• Retirement savings plan with company matching.
• Paid time off and holiday pay.
• Employee discounts on vehicle purchases and services.
• Full-time schedule with flexibility as needed.