New Castle, Delaware
Experienced F&I Manager for Busy Toyota Dealership Job Opening in New Castle, Delaware - PRICE TOYOTA IS GROWING!
CURRENTLY SEEKING MOTIVATED, EXPERIENCED F&I MANAGER
SUMMARY
Produces additional revenue for the dealership by selling finance and insurance programs and other appropriate after-sale items to new- and used-vehicle customers.
ESSENTIAL DUTIES
Essential Duties include the following. Other duties may be assigned.
Sells financing and credit life, accident, and health insurance to customers.
Provides customers with thorough explanation of aftermarket products and extended warranties.
Converts cash deals to finance.
Establishes and maintains good working relationships with several finance sources, including the manufacturer.
Processes finance and lease deals accurately and fairly through financial sources to secure approval.
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.
Seeks new lending institutions to secure competitive interest rates and finance programs continually.
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 which will ensure 100 percent turnover to 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.
Works closely with general sales manager to establish sales department goals and objectives and ensures that they are achieved.
Attends managers meetings.
Handles all rate quotations.
Develops and monitors guidelines for working with customers to ensure maximum customer satisfaction.
Processes salespersons' ?end of month? commission sheets for accounting office payroll.
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.
EXPERIENCE
Two to four years related experience and/or training; or equivalent combination of education and experience
WHY CHOOSE PRICE?
Work/Life Balance
Excellent Benefits Package including Medical, Dental, Vision, FSA, HSA
Company Paid Short Term Disability
Company Paid Life Insurance
401(k)
Personal Time Off
Associate Discount Program
Discounts on parts, service, and vehicle purchases for you and your immediate family
Associate Referral Program - Refer a friend who becomes a part of our team and receive a bonus!
Company Team Building Events - Most recent event was Paintball
FUN GIVEAWAYS - Tickets to Phillies, Flyers, Eagles, NASCAR, Blue Rocks, etc...
DO NOT APPLY TO THIS POSTING THROUGH INDEED. EMAIL RESUMES DIRECTLY TO:
CAREERS@
IN THE SUBJECT LINE OF THE EMAIL TYPE "EXPERIENCED F&I MANAGER"
PLEASE INCLUDE THE JOB TITLE YOU ARE APPLYING FOR IN THE BODY OF THE EMAIL AND ONE SENTENCE STATING WHY YOU WOULD BE THE BEST CANDIDATE FOR THIS POSITION.
Job Type: Full-time
Required experience:
Dealership F&I: 2 years
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