Finance Manager
Central Valley Automotive Group · Modesto, CA · 2 mo ago
FinanceFull-time
Key Responsibilities
- Aid customers in securing financing for vehicle purchases, presenting various financing options, and explaining terms clearly.
- Closely work with sales teams to ensure smooth transitions from sales to financing.
- Review and verify customer credit applications, credit reports, and other required documentation.
- Offer and explain additional products such as extended warranties, insurance products, and vehicle protection plans.
- Maximize dealership profitability through effective product presentations and sales.
- Ensure all financing documents are accurately completed and comply with state and federal regulations.
- Stay updated on the latest automotive financing laws, regulations, and industry trends.
- Conduct regular audits of finance deals and paperwork to ensure accuracy and compliance.
- Maintain strong relationships with multiple financial institutions and lenders to secure competitive financing options for customers.
- Negotiate with lenders to obtain the best possible financing terms for customers.
- Monitor and report on finance department performance, including profitability, product penetration, and customer satisfaction metrics.
- Analyze trends and make recommendations for improving department efficiency and profitability.
Qualifications
- Proven experience as an Automotive Finance Manager or similar role in the automotive industry.
- In-depth knowledge of financing options, F&I products, and automotive sales processes.
- Strong understanding of California's state and federal regulations regarding automotive finance.
- Excellent communication, negotiation, and customer service skills.
- Proficient in using finance software and dealership management systems.
- High attention to detail and strong organizational skills.
- Ability to work under pressure and meet deadlines.
- Valid California driver's license.
Preferred Qualifications
- Bilingual (Spanish/English) is a plus.
Compensation
Hourly rate with additional performance-based bonuses. Comprehensive benefits package including health, dental, and vision insurance. 401(k) with company match. Paid time off.