F&I Manager – Randburg

Bonafide Human Capital; Johannesburg; On-site; ZAR 300,000 - 400,000; Full time

Job summary

A leading automotive dealership in Johannesburg is seeking an experienced F&I Manager. The role focuses on delivering performance targets, ensuring compliance with regulations, and enhancing customer service through effective finance and insurance solutions. Ideal candidates will have at least 3 years of management experience and relevant qualifications. This role is essential for maximizing profitability and customer retention in a high-volume environment.

Qualifications

• Minimum 3 years' experience as an F&I Manager.
• RE Certificate and Class of Business up to date.
• CPD hours up to date within a stipulated time frame.

Responsibilities

• Deliver on performance targets in a high-volume dealership.
• Maximize profit and ensure compliance with legislation.
• Manage finance and insurance debtor’s book effectively.

Skills

Financial needs analysis

Customer service management

Governance and compliance

Sales of value-added products

Education

Grade 12

FECT Retail Insurance NQF Level 4

NCA accredited

Job description

F&I Manager job vacancy in Randburg, Johannesburg.

Our well known automotive vehicle dealer client based in Randburg & Bryanston is looking to employ experienced F&I Managers.

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:

• 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.

Requirements:

• Grade 12
• 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