Automotive Finance Manager

Simi Valley Toyota; Simi Valley (CA); On-site; USD 150,000 - 300,000; Full time

Job summary

Simi Valley Toyota in California is seeking an Automotive Finance Manager to lead the finance department and guide customers through the financing process with transparency and integrity. You will partner with the sales team, maintain lender relationships to secure favorable rates, and ensure compliance with federal, state and local regulations while driving profitability and customer satisfaction.

The role requires strong leadership, communication, and a track record of closing financing deals;

Qualifications

• Four+ years of automotive finance management experience with proven results.
• Bachelor’s degree in accounting, economics, or finance preferred.
• Knowledge of dealership finance and insurance procedures.
• Excellent communication skills and ability to deliver top service to customers and team.

Responsibilities

• Offer vehicle financing and insurance explanations to customers.
• Maintain relationships with lenders to secure favorable rates and programs.
• Process financing and leasing deals with lender approvals and compliant paperwork.
• Ensure compliance with federal, state, and local regulations for the finance dept.
• Audit deals post-sale for improvements and guarantee expeditious funding.

Skills

Communication skills

Bilingual

Education

Bachelor’s degree in accounting, Economics, or Finance

Job description

Simi Valley Toyota is one of the region's best dealerships, serving the Simi Valley communities in California. Our team enjoys training programs, a fantastic culture and opportunities for advancement, which are company-wide focuses to help you grow both personally and professionally.

Job Summary :

As the Automotive Finance Manager, you'll play a key role in assisting customers with securing financing for their vehicle purchases while ensuring compliance with all legal and dealership standards. You'll work closely with the sales team to deliver a seamless, transparent, and efficient buying process.

You will oversee the finance department, promote customer satisfaction, ensure departmental compliance with title laws and registration processes, and provide financial guidance and direction to the team.

Finance Managers are expected to uphold the highest ethical standards. Your strong leadership and team-building skills will be instrumental in driving the success of our department.

Essential Functions :

• Offering vehicle financing and insurance to customers and providing them with a thorough explanation of aftermarket products, extended warranties and a complete explanation of manufacturer and dealership service procedures and policies.


• Maintaining good working relationships with lenders to secure competitive interest rates and financing programs.


• Processing financing and leasing deals accurately and securing approval through financial sources as well as the proper federal, state and corporate channels.


• Understanding and complying with federal, state and local regulations that affect the new and used vehicle finance departments.


• Responsible for maintaining the profitability of the department and maintaining customer satisfaction.


• Creating and maintaining a program with the sales department that will ensure all new sales are referred to the F&I department.


• Training and providing the sales team with information on finance and leasing programs as well as the benefits of the dealership's financing and extended service programs


• Ensure sales are structured to produce the highest profitability.


• Maintains proficiency and certifications as required for the position.


• Accurately desk deals, submit deals to lenders for approval, make credit decisions, and effectively close deals.


• Ensure every deal is fully aligned with local, state and federal guidelines.


• Prepares paperwork, contracts, and deliver deals.


• Accurately audit team deals Post-Sale and analyze for improvements.


• Guarantee the expeditious funding of all contracts.


• Maintain satisfactory attendance.


• Preform other duties as assigned.

Qualifications

• Minimum Four years of Automotive Finance Manager experience with proven numbers


• Valid Driver’s license and safe driving record; required to obtain a California license within 30 days


• Ability to perform all essential functions of the job description.

Preferred Qualifications

• Bachelor’s degree in accounting, Economics, or Finance preferred


• Knowledge of dealership finance and insurance procedures.


• Proficient at structuring deals for maximum profitability.


• Well-versed in title laws and registration process.


• Excellent communication skills and the ability to deliver top service to all, including customers, employees, and finance insurance vendors.


• Excellent written and verbal communication skills.


• Ability to provide accounting services as detailed in financing agreements.


• Thorough understanding of auto finance principals, practices and policies


• Understanding of auto finance ethics.


• Proficient in Microsoft Office Suite or related software.


• Excellent organizational skills and attention to detail.


• Bilingual a +++

The Finance Manager position pays between $150,000-$300,000 per year.

We are an equal opportunity employer and prohibit discrimination/harassment without

regard to race, color, religion, age, sex, national origin, disability status, genetics, protected

veteran status, sexual orientation, gender identity or expression, or any other characteristic

protected by federal, state or local laws.