Finance Manager

O'Daniel Honda; Omaha (NE); On-site; USD 70,000 - 90,000; Full time

Job summary

A leading dealership in Omaha seeks a Finance & Insurance Manager to sell financing and insurance products, ensuring customer satisfaction and compliance with regulations. The role includes training sales staff and maintaining relationships with lenders, while achieving performance goals.

Benefits

Health insurance

401k plan

Vacation pay

Qualifications

• At least 2 years of automotive sales experience.
• 1 year in a dealership management position.

Responsibilities

• Offer vehicle financing and insurance to customers.
• Process financing and leasing deals accurately.
• Train the sales team on finance and lease programs.

Skills

Communication

Education

College degree in finance

Job description

To be a dealership whose employees work together to genuinely earn the trust and loyalty of its customers and the community by focusing on excellence in customer service, convenience, and value.

Summary

The Finance & Insurance (F&I) Manager sells financing and insurance products to new and used car buyers. They also work with financial lenders to secure fair interest rates and programs. All dealership employees, including F&I managers, are expected to uphold the highest ethical standards.

Finance Producers are expected to :

1. Offer vehicle financing and insurance to customers, providing thorough explanations of aftermarket products, extended warranties, and dealership policies.
2. Seek new lending institutions and maintain good relationships to secure competitive interest rates and financing programs.
3. Process financing and leasing deals accurately, securing approvals through appropriate channels.
4. Understand and comply with federal, state, and local regulations affecting vehicle sales and financing.
5. Create and maintain a program with the sales department to ensure all new sales are referred to the F&I department.
6. Train the sales team on finance and lease programs and benefits.
7. Assist customers in closing deals through effective communication.
8. Establish measurable performance goals related to profits, product sales, and customer satisfaction.
9. Meet or exceed performance and customer satisfaction targets.
10. Evaluate team members’ performance in the Finance Department.
11. Market and prospect for outside sales opportunities for finance products.
12. Coordinate activities between Finance and other departments.
13. Fill in as needed for Sales Manager duties.
14. Ensure the dealership is stocked with necessary documents to complete contracts.

Job Requirements

It is recommended that the finance and insurance manager has at least two years of automotive sales experience and one year in a dealership management position. Managers must maintain profitability, control expenses, and ensure customer satisfaction. They should stay informed about relevant federal, state, and local regulations. F&I personnel need strong communication skills to work effectively with customers, employees, and vendors.

Education Requirements

A college degree or equivalent experience in finance is preferred. A background in business, mathematics, marketing, and computers is also beneficial.

Benefits: Health insurance, 401k plan, and vacation pay.