We are looking for a highly skilled and experienced Finance Manager. This critical role involves overseeing the entire finance and insurance (F&I) operations across the dealerships, ensuring profitability and compliance while providing exceptional service to clients. The ideal candidate will have a deep understanding of automotive financing, insurance products, and sales processes, coupled with strong leadership and analytical skills.
Key Responsibilities
- Manage and lead the Finance & Insurance (F&I) department across multiple automotive dealerships.
- Develop and implement effective sales strategies to maximise F&I product penetration and profitability.
- Oversee the financing application process, building strong relationships with lending institutions.
- Offer and explain a range of insurance and extended warranty products to customers.
- Ensure compliance with all relevant financial regulations, dealership policies, and industry standards.
- Train, mentor, and motivate F&I staff to achieve individual and departmental sales targets.
- Analyse financial performance data, prepare reports, and present findings to senior management.
- Manage risk and ensure accurate documentation for all financial transactions.
- Maintain a high level of customer satisfaction throughout the F&I process.
- Stay updated on market trends, competitor offerings, and new financial products in the automotive sector.
Requirements
- Minimum of 5 years of experience in Automotive Finance & Insurance management.
- Proven track record of success in increasing F&I profitability and product penetration.
- Strong understanding of automotive financing, insurance products, and dealer management systems (DMS).
- Excellent leadership, negotiation, and sales skills.
- In-depth knowledge of financial regulations and compliance requirements.
- Strong analytical and problem‑solving abilities.
- Exceptional communication and interpersonal skills.
- Ability to manage and motivate a team effectively.
- Relevant financial or sales certifications are advantageous.
- Willingness to work flexible hours in a demanding retail environment in Sandton.
Benefits
- Highly competitive salary with significant performance‑based incentives.
- Opportunity to lead F&I operations for a leading automotive group in Gauteng.
- Comprehensive benefits package including health insurance and retirement plans.
- Professional development and continuous training opportunities.
- Work in a dynamic and prestigious environment in Sandton.
- Potential for career growth and advancement within the organization.