Automotive Finance Manager Job at Kia of Old Saybrook, Old Saybrook, CT

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  • Kia of Old Saybrook
  • Old Saybrook, CT

Job Description

Job Summary: We are seeking a highly motivated and experienced Automotive Finance Manager to join our team. As a Finance Manager, you will be responsible for overseeing and managing all aspects of automotive financing and insurance for our customers. You will work closely with our sales team to ensure a smooth and efficient process for our customers while also increasing sales and profitability for the dealership. Compensation & Benefits: Competitive income commensurate with experience. Health, dental, and vision insurance. Matching 401(k) plan. Opportunities for career advancement within the automotive group. Employee discounts on vehicle purchases and service. Responsibilities: Manage all aspects of automotive financing for customers, including but not limited to, obtaining credit reports, analyzing credit applications, and submitting loan applications to lenders. Work closely with the sales team to identify and secure financing options for customers in a timely and efficient manner. Educate customers on available financing and insurance options, as well as any additional products and services offered by the dealership. Coordinate with lenders and finance companies to obtain approval for financing and finalize terms and conditions. Maintain accurate and up-to-date records of all finance transactions and submit necessary paperwork to appropriate parties. Ensure compliance with all state and federal regulations regarding automotive financing. Monitor and analyze reports to identify potential areas for improvement and implement strategies to increase profitability. Oversee and manage all insurance sales and processes, including extended warranties and service contracts. Train and mentor the sales team on best practices for financing and insurance sales. Conduct regular training sessions to keep the sales team updated on new financing programs and techniques. Handle any customer concerns or issues regarding financing or insurance. Requirements: Previous experience as an Automotive Finance Manager is required. Strong understanding of automotive financing and leasing processes. Excellent communication and negotiation skills. Ability to work in a fast-paced environment and multitask effectively. Detail-oriented with strong organizational skills. Proficient computer skills, including experience with finance and insurance software. Knowledge of relevant legal and regulatory requirements. Valid driver's license and clean driving record. Kia of Old Saybrook

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