Finance Manager
Apply NowCompany: North Freeway Hyundai
Location: Spring, TX 77379
Description:
As F&I manager, you will be responsible for securing financing for car buyers, selling insurance products, and ensuring that all transactions meet legal standards and dealership policies. Here's a breakdown of the key responsibilities:
Key Responsibilities
1. **Arrange Financing**:
- Work with banks and financial institutions to secure financing for customers.
- Review credit applications, negotiate loan terms, and finalize agreements with lenders.
- Present financing options to customers and guide them through the application and approval process.
2. **Sell Insurance and Warranty Products**:
- Present and sell optional insurance, extended warranty, and protection products to customers.
- Explain the benefits of these products and help customers understand the coverage details.
3. **Documentation and Compliance**:
- Prepare and verify all financial documents, ensuring compliance with legal and dealership policies.
- Complete paperwork accurately and promptly to avoid any legal or financial issues.
- Stay updated on relevant regulations, including privacy laws, and maintain confidentiality.
4. **Customer Service and Satisfaction**:
- Provide excellent customer service and answer any questions related to financing, insurance, or documentation.
- Address and resolve any customer concerns or complaints regarding financing and warranty products.
5. **Cross-Department Collaboration**:
- Work closely with sales teams to ensure a seamless customer experience.
- Collaborate with other departments to ensure smooth delivery and funding processes.
6. **Sales and Performance Tracking**:
- Meet or exceed sales targets for financing, insurance, and warranty products.
- Maintain records of sales, track performance, and analyze trends to adjust strategies as needed.
Skills and Qualifications
- Strong understanding of financial regulations and dealership policies.
- Excellent interpersonal and negotiation skills.
- Familiarity with automotive financing, lending processes, and insurance products.
- Strong organizational skills and attention to detail.
- Experience in customer service, sales, or finance is highly preferred.
Key Responsibilities
1. **Arrange Financing**:
- Work with banks and financial institutions to secure financing for customers.
- Review credit applications, negotiate loan terms, and finalize agreements with lenders.
- Present financing options to customers and guide them through the application and approval process.
2. **Sell Insurance and Warranty Products**:
- Present and sell optional insurance, extended warranty, and protection products to customers.
- Explain the benefits of these products and help customers understand the coverage details.
3. **Documentation and Compliance**:
- Prepare and verify all financial documents, ensuring compliance with legal and dealership policies.
- Complete paperwork accurately and promptly to avoid any legal or financial issues.
- Stay updated on relevant regulations, including privacy laws, and maintain confidentiality.
4. **Customer Service and Satisfaction**:
- Provide excellent customer service and answer any questions related to financing, insurance, or documentation.
- Address and resolve any customer concerns or complaints regarding financing and warranty products.
5. **Cross-Department Collaboration**:
- Work closely with sales teams to ensure a seamless customer experience.
- Collaborate with other departments to ensure smooth delivery and funding processes.
6. **Sales and Performance Tracking**:
- Meet or exceed sales targets for financing, insurance, and warranty products.
- Maintain records of sales, track performance, and analyze trends to adjust strategies as needed.
Skills and Qualifications
- Strong understanding of financial regulations and dealership policies.
- Excellent interpersonal and negotiation skills.
- Familiarity with automotive financing, lending processes, and insurance products.
- Strong organizational skills and attention to detail.
- Experience in customer service, sales, or finance is highly preferred.