Automotive Finance Manager

Carter Motors Inc • Lynnwood, Washington State, United States • $80k - $150k / year • 2w ago

Carter Acura is a luxury dealership in the Greater Seattle Area part of a larger dealership group. Our commitment is to provide exceptional customer service and an excellent employee experience.

At Carter Motors, we strive to make every customer a customer for life. Happy employees make happy customers, and we reward individuals who are ready to work hard and stay motivated. Every employee at Carter Motors is absolutely critical to its success. Our promise is to keep delivering the same award winning service and value that our community has come to expect from our dealerships through the years.

We care about our employees and offer a vibrant work environment full of growth and longevity.

What we are looking for
We are looking for individuals who have previous automotive finance experience, preferably in a luxury dealership.
Seeking motivated, accredited F&I Manager, who produces additional revenue for the dealership by selling finance and insurance programs and other appropriate after-sale items to new and pre-owned vehicle customers. Ensures funding of all deals. Obtains released titles of all traded in vehicles.

Pay – Finance Managers are paid on a full commission pay plan with a guarantee of at least 1.5 times minimum wage for all hours worked. Commissions are 18% - 25% of individual monthly gross profit. Experienced Finance Managers can earn over $100,000.

Schedule - Monday - Friday 10am - 7pm

Benefits for Full-Time Employees

3 medical plan choices - low deductible PPO, high deductible PPO, and low deductible HMO
- (Medical plans include telemedicine, Teladoc, and specialty pharmacy advocates with no extra monthly premium.)
2 dental choices - Delta & Willamette
Vision - VSP
Flexible Spending Acct. (FSA) healthcare & dependent care
Healthcare Spending Account (HSA)
529 College Savings Plan
401K + Company Match
72 hours paid time off for first year
7 paid holidays per year
LegalShield & IDShield
Accident Insurance
Critical Illness Insurance
Hospital Indemnity
Short-Term Disability
Pet Insurance

Responsibilities

Conducts business in an ethical and professional manner.
Processes all federal, state and dealer paperwork related to vehicle transaction.
Understands and complies with federal, state and local regulations that affect the new- and used-vehicle and finance departments.
Completes paperwork necessary for vehicle sales and leases in a timely and efficient manner.
Checks all paperwork for correct title, lien information, taxes etc., before forwarding to accounting.
Acquires and maintains current state insurance license, completing continuing credit insurance education as needed.
Provides customers with complete explanation of manufacturer and dealership service procedures and policies.
Manages the alternative finance source program to ensure that several sources are available.
Seeks insurance companies for insurance paper.
Maintains insurance files.
Sets up and maintains a program that will ensure 100 percent turnover for the F& I department.
Provides sales force and sales managers with current information about finance and lease programs continually.
Trains the sales staff regarding the benefits of financing, insurance, and extended service programs.
Works with sales managers to secure a reasonable profit from every sale.
Coordinates finance forecasting with sales department forecasting to achieve desired levels of penetration and income.
Ensures collection of all finance and insurance fees.
Takes all credit applications.
Prepares reports on finance penetration.
Attends managers’ meetings.
Handles all rate quotations.
Develops and monitors guidelines for working with customers to ensure maximum customer satisfaction.
Supervises and trains designated backup to ensure continued efficiency and profitability in the F& I manager's absence.
Maintains an adequate and current supply of all required contracts and paperwork needed for completion and finalization of car deals.
Maintains a professional appearance.
Maintains a clean and professional work environment.
Other tasks as assigned.

Qualifications

Previous Automotive Finance experience is required
Fantastic communication skills with your customers
Professional, well-groomed personal appearance.
Clean & Clear WA state driving record is required
Pre-employment background check, reference check & drug screen is required

Carter Motors is a proud equal opportunities employer; we do not deny employment based on race, ethnicity, national origin, disabilities, or any other protected characteristics. We are a drug free workplace; all employees are held to this standard to be free from the effects of drugs and/or alcohol while on duty. Carter Motors also participates in fair chance hiring practices; candidates with a criminal history will undergo an individualized assessment post-offer.