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Finance Manager

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Job Description - Finance Manager





An Automotive Finance Manager (F&I Manager) manages the financing and insurance (F&I) process for vehicle sales, acting as a liaison between customers, sales teams, and lenders to secure loans, sell add-ons (warranties, protection plans), and handle all related paperwork while ensuring regulatory compliance and maximizing dealership profitability. Key duties include credit interviews, building lender relationships, training salespeople on F&I products, processing contracts, and adhering to federal/state laws like the Fair Credit Reporting Act. 


 






Key Responsibilities:









  • Customer Interaction



    Meet with customers to discuss financing, explain terms, and present extended warranties, GAP insurance, and other F&I products. 


     














Lender Relations



Develop and maintain strong relationships with banks and financial institutions to secure competitive rates and financing options. 


 













Sales Support



Train the sales team on F&I programs, help close deals, and work with sales managers to "re-hash" deals that need financing solutions. 


 













Compliance & Paperwork



Prepare and review all finance contracts, ensure accuracy, maintain customer confidentiality, and ensure adherence to all local, state, and federal regulations. 


 













Revenue Generation



Drive dealership revenue by successfully selling high-profit F&I products and meeting monthly goals. 


 













Risk Management



Perform credit interviews, assess customer creditworthiness, and ensure ethical business practices. 


 











Essential Skills:





Strong communication and interpersonal skills, Excellent negotiation and closing abilities, High ethical standards and integrity, Knowledge of finance regulations and lending practices, and Attention to detail and strong organizational skills. 





Original job Finance Manager posted on GrabJobs ©. To flag any issues with this job please use the Report Job button on GrabJobs.
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