What are the responsibilities and job description for the Automotive Finance Director position at HOFS INC?
NOW HIRING: Finance Director | Rairdon’s Honda of Sumner
Sumner, WA | Full-time | Great Benefits
Compensation: Full-time total annual compensation between $100,000-$400,000/year; Including 14% base commission on Back Payable Gross; Retro commission of 15%-19% if dealership exceeds customer satisfaction scores and for employee meeting or exceeding PVR and service contract sold penetration; salary of $1,500.00-$3,000.00 per month; all subject to terms of pay plan.
Benefits:
- Medical, Vision, and Dental Insurance
- Voluntary Short Term Disability Insurance
- Voluntary Accident Insurance
- Critical Illness Insurance
- Hospital Indemnity Insurance
- 401k plan with match, subject to completion of the introductory period and other eligibility requirements
- Paid Time Off (PTO): All new employees earn 1 hour of paid time off for every 40 hours worked in compliance with the applicable state paid sick leave law. Following 36 months of continuous service, full-time employees earn an additional 40 hours of PTO each anniversary year; following 120 months of continuous service, full-time employees earn 80 hours of PTO each anniversary year, according to terms of PTO policies.
Responsibilities
- Overview of the Finance department for the dealership
- Provide recommendations and assistance to customers to arrange the financing of their purchases. Present customers with additional product offerings to enhance their vehicle and ownership experience
- Ensure sales are structured to produce the highest profitability
- Maintains proficiency and certifications as required for the position
- Accurately desks deals, submits deals to lenders for approval, makes credit decisions, and effectively closes deals
- Ensure every deal is fully aligned with local, state and federal guidelines
- Prepares paperwork, contracts and delivers deals
- Accurately audit team deals post-sale and deeply analyze for improvements
- Guarantee the expeditious funding of all contracts
Qualifications
- Previous experience as an F&I Director or Sales Manager
- Knowledge of dealership finance and insurance procedures
- Proficient at structuring deals for maximum profitability
- Ability to manage CIT for the store
- Well-versed in title laws and registration process
- Professional personal appearance and extraordinary verbal/written communication skills
- Expertise in negotiation and presentation skills
We are an equal opportunity employer and prohibit discrimination/harassment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
Salary : $100,000 - $400,000