Automotive Payoff Clerk

Job Summary: Responsible for processing vehicle payoffs, ensuring accurate and timely settlement of financed and leased vehicles, and supporting dealership accounting and finance operations. Serves as a main point of contact between lenders, customers, and team members to make sure all transactions are completed correctly and on time.

Duties/Responsibilities

• Process daily vehicle loan/lease payoffs with banks/lienholders
• Verify payoff amount, per diem interest, and lienholder information
• Submit payoff checks/electronic payments in a timely manner
• Track/reconcile outstanding payoffs
• Resolve payoff discrepancies relating to balances/missing documents
• Work closely with finance/sales department to finalize deals
  
  
  

Job Requirements:

• High School Diploma or equivalent
• Previous experience in an automotive dealership, accounting office, or title/payoff processing preferred.
• Previous experience in Dealer Management System is a plus.
• High level of attention to detail and accuracy required.
• Ability to work in a fast-paced environment with minimal supervision.
• Strong communication skills (phone, email, and in-person)