What are the responsibilities and job description for the Automotive F&I Manager position at L0769 BMW of Ramsey?
Dealership: L0769 BMW of Ramsey BMW of Ramsey NOW HIRING F&I Managers! APPLY TODAY to join one of more than 300 Lithia & Driveway Dealerships nationwide representing over 30 manufacturers in 25 states! We offer industry-leading benefits, personal and professional growth opportunities, and a fantastic team to work with that you won’t find anywhere else. Who We Are Looking For: 2 years of dealership finance experience is required, luxury experience preferred A team player focused on providing exemplary customer service Self motivated with the ability to set and achieve targeted goals Excellent interpersonal communication with working knowledge of computers Acceptable driving record and a valid driver's license in your state of residence Why Join Our Team? 2023 Lithia Partners Group Gold Award Winner #1 Electric Car dealer in the Tristate Area, #2 in the entire eastern region #2 New Car volume dealer in the market, top 10 volume dealer in the eastern region! We are the #1 7 Series - dealer in the market! 15 Years of BMW Experience at every management position (Sales, Service, Parts) Highest customer satisfaction rating in the market for both sales and service in 2024! The largest indoor showroom in the tri-state area! The largest New and Used BMW inventory in the tri-state area! Responsibilities: The F&I Manager is responsible for providing exceptional customer service while helping customers choose products that protect their vehicle purchase. In addition this individual works with lenders to obtain financing approval and completes all vehicle purchase and associated paperwork accurately and on time. The F&I Manager is responsible for following up on and collecting receivables. Help customers choose protection packages for their vehicle by presenting all products and their benefits. Ensure financing for customers; by building professional relationships with lenders and working with them to get the best financing available for our customers. Submit deals to bank electronically using appropriate dealer system. Enter transactions accurately into ADP and bank approval systems. Process all transaction paperwork and ensure it is accurate and meets the needs of the Office, state specific DMV and lender requirements. Track deal receivables and follow-up on outstanding items to ensure collection of all money and bank stipulations for contract funding. Participate in store meetings including Sales Receivables, Save-a-Deal and Store Manager meetings. Interact with sales team and sales managers to ensure transactions are completed accurately and to the customer’s satisfaction. Follow-up with customers as courtesy reminder for purchased products requiring customer action (ex. Protective coating applied) Assist Sales Team with customer engagement in the sales department during peak traffic times. Obtain all appropriate licensing within 90 days from date of hire We offer best in class industry benefits: Competitive pay Medical, Dental and Vision Plans Paid Holidays & PTO Short and Long-Term Disability Paid Life Insurance 401(k) Retirement Plan Employee Stock Purchase Plan Lithia Learning Center Vehicle Purchase Discounts Wellness Programs High School graduate or equivalent, 18 years or older required. We are a drug free workplace. We are committed to equal employment opportunity (regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status). We also consider qualified applicants regardless of criminal histories, consistent with legal requirements. The estimated annual earnings for this position ranges from $92,154 to $283,868. This is a performance driven position, eligible for short-term and/or long-term incentives as part of total compensation, which includes commission based off individual product and reserve income, and bonuses based on individual net PVR, product penetration, and manufacturer approvability. Actual pay offered may vary depending on skills, experience, job-related knowledge, and location. Information about LITHIA’s comprehensive benefits can be reviewed on our careers site at https://www.lithiacareers.com/ At Lithia & Driveway, we stand by our mission of Growth Powered by People, as we build a workplace that ignites ideas and opportunities to Earn Customers for Life. Our focus is on making the customer experience better; as we aim to meet our customers’ needs whether in person, online or a combination of both. Lithia & Driveway is the largest automotive retailer in North America and listed on the Fortune 500 (NYSE: LAD). Drive your career forward with roles in Sales, Finance, Service, Technology and Corporate. With thousands of vehicles and hundreds of locations, the career possibilities are endless. Join us as we accelerate towards growth in automotive and beyond!
Salary : $92,154 - $283,868