Group Finance Director-154

About Us:
Morrie's Auto Group is one of the fastest growing privately-owned dealership groups in the Midwest. We have a comprehensive portfolio of OEM brands, and many stores across Minnesota, Wisconsin, and Michigan. As a leading auto retailer, we strive to be the preferred and trusted provider for our team members and customers, and we are committed to growing and training our career-oriented employees into management roles within the company.

Summary

The Group Finance Director is responsible for the overall success of the F&I Departments within the dealership. This individual will take direction and consult regularly with the CEO and serve as an integral part of the corporate Executive team.

Job Duties/Accountabilities:

Training, Development, and Compliance

• Providing management, leadership, and guidance to the Finance Development Managers, who serve as direct support for the Dealership operations.
• Coordinating and conducting monthly training sessions with FDM's and F&I Managers.
• Ensuring compliance within the F&I department through training, best practices, standard procedures, and conducting monthly audits of dealership processes.
• Coordinating and overseeing annual compliance audits at all dealerships.

Preferred Lender Program/Vendor Management

• Maintaining relationships with lenders to ensure mutually beneficial partnerships, agreements and create opportunities for maximization of profit.
• Quarterly and annual review with captive and preferred lenders to identify areas of opportunity and manage performance.
• Manage the reinsurance program by analyzing monthly reports and provide recommendations to CEO and CFO.
• Manage product providers and vendors to ensure the appropriate product mix, ensuring the level of support required for our F&I teams, and following up on gaps in service and training.

Developing High-Performance Culture

• Weekly huddle with FDM's and Market Presidents to identify areas of opportunity and priorities within the F&I departments and assign resources accordingly.
• Provide weekly performance reports for all dealerships and F&I Manager's to management.
• Dealership visits with GM's and management teams to provide support and resources.
• Attending weekly operations team meetings to discuss weekend and MTD performance, successes and opportunities, and keeping the rest of the leadership team informed of progress.
• Annual review of F&I pay plans with Market Presidents and GM's to ensure the organization is focused on driving the right behaviors for success of the department.
• Partnering with Operations and Human Resources to identify internal talent for promotion into the F&I departments, as well as assist in the interviewing and selection of external candidates.
• Work as an integral part of the leadership team to advise on in-store procedures, discuss issues and opportunities in each store, as well as provide leadership during acquisitions.
• Supporting and completing acquisition efforts with lenders and all system set-ups to ensure a smooth transition, provide on-going support, and in-person training on Morrie's F&I Manager playbook.

Qualifications/Skills:

• 8-10 years of progressive Automotive Leadership experience with 5+ specifically in F&I
• Experience with both CDK and Reynolds and Reynolds is preferred
• A solid understanding of F&I compliance
• Experience in training and/or consulting preferred
• Excellent written and verbal communication skills
• High level of professionalism and confidentiality
• Computer skills with proficiency in Microsoft programs