What are the responsibilities and job description for the Finance Manager position at Ferrari South Bay?
Company Description
Ferrari South Bay, part of the Holand Automotive Group—the world’s largest Ferrari dealership network—is a premier Ferrari retailer located at the Palos Verdes foothills. Serving Southern California’s coastal communities, Ferrari South Bay specializes in new and pre-owned Ferrari sales, expert service, and genuine parts. Housed within a stunning 23,000-square-foot state-of-the-art showroom and service center completed in 2015, Ferrari South Bay is dedicated to delivering unparalleled service and customer satisfaction. Whether you are new to Ferrari or a long-time enthusiast, the dealership embodies the passion and legacy of the Ferrari brand.
Role Description
We are seeking a talented and motivated Finance Manager to lead our Finance and Insurance (F&I) department. The ideal candidate will have a strong background in automotive finance and a passion for delivering outstanding customer service, understanding the needs in the ultra highline space. You will play a key role in helping our customers secure financing options, protecting their investments, and enhancing their ownership experience.
Key Responsibilities
- Collaborate with customers to understand their financing needs and present suitable options.
- Prepare and present financing contracts, warranty options, and insurance products.
- Work closely with financial institutions to negotiate loan terms and secure approvals.
- Maintain knowledge of industry regulations and compliance standards.
- Monitor F&I department performance and implement strategies to maximize profitability.
- Train and mentor sales staff on F&I products and processes.
- Build and maintain relationships with customers to ensure satisfaction and repeat business.
Qualifications
- 3 years experience as a Finance Manager at a California highline dealer.
- Strong understanding of F&I products, financing processes, and dealership operations.
- Excellent communication and interpersonal skills with a customer-focused mindset.
- Proven ability to analyze financial data and prepare accurate reports.
- Deep knowledge of DMV and CDTFA regulations and compliance requirements.
- Proficient within the CDK environment.
Benefits:
- Competitive base salary plus commission and bonuses based on performance.
- Comprehensive health insurance and retirement plans.
- Paid time off and holiday pay.