F&I Manager - Pretoria & Westrand

Bonafide Human Capital Pty (Ltd); Pretoria; On-site; ZAR 650,000 - 900,000; Full time

Job summary

Bonafide Human Capital Pty (Ltd) is recruiting an experienced F&I Manager for a Pretoria-based automotive dealer. You will support the dealership network with vehicle finance and approved products to maximise gross profit, while ensuring training, fit & proper, honesty, and integrity requirements are upheld.

You will deliver on performance targets, manage the finance and insurance book, and provide specialist finance advice to customers.

Qualifications

• Grade 12 or equivalent
• Minimum 3 years’ experience as an F&I Manager
• Knowledge of NCA, CRA, FAIS, FICA

Responsibilities

• Deliver on performance targets in a high-volume dealership.
• Maximize second gross profit.
• Ensure governance, compliance and legislative requirements are met.
• Record and report on transactional activities for timely decision making.
• Conduct financial needs analyses and sell value-added finance and insurance products.
• Manage finance and insurance debtor’s book and related administration.
• Provide financial and insurance advice and customer education.
• Support finance and insurance activities to grow dealership profitability.
• Increase customer base and retention with product education.

Skills

Customer service

Sales

Need analysis

Honesty and integrity

Education

3 years’ experience as an F&I Manager

Job description

Our well known automotive vehicle dealer clients based in Pretoria and Westrand are looking to employ experienced F&I Managers.

Job Description

Purpose

This is a key role that provides support to the dealership network by providing an efficient service to customers and the dealership through vehicle finance and the sale of approved products to maximise gross profit while ensuring that all training, fit & proper, honesty and integrity requirements of the Financial Service Board (FSB) are upheld.

Specific Role Responsibilities

Generic Job Outputs

• Deliver on agreed performance targets according to budget & sales targets in a high-volume dealership.
• Maximize second gross profit.
• Execute work in line with governance and compliance processes. Ensure that dealership remains compliant in accordance with legislation requirements.
• Recording and reporting on transactional activities to provide timely and accurate information for decision making in area of accountability.
• Conduct financial needs analyses and provide associated sales of value-added finance and insurance products.
• Manage and maintain the finance and insurance debtor’s book and effectively manage the applicable administration and other related processes.
• Provide specialized need analysis & financial and insurance advice and support to clients
• Provide operational support related to finance and insurance activities and initiatives to contribute to the overall growth and profitability of the dealership
• Inform and educate customers on products to ensure retention of existing customers; Increase sales revenue and increase the organization’s customer base.
• Consistently enhance own competence through knowledge development in subject matter and associated industry developments.
• Customer service and sale management.
• Knowledge of the NCA, CRA, FAIS, FICA.

Qualifications And Experience

Requirements

• Grade 12

Qualification

• Minimum 3 years’ experience as an F&I Manager

FECT Retail Insurance NQF Level 4Qualifications With

• Qualification with minimum 120 credits
• NCA accredited
• RE Certificate
• Class of Business up to Date
• CPD hours up to date within a stipulated time frame