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Regency Autos Of Medford
Medford, NY | Full Time
$129k-164k (estimate)
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Automotive Finance Manager
$129k-164k (estimate)
Full Time 2 Months Ago
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Regency Autos Of Medford is Hiring an Automotive Finance Manager Near Medford, NY

Company Overview:
Join our dynamic team at Regency Autos of Medford, a recently established used car dealership dedicated to providing customers with a seamless and transparent car-buying experience. We are seeking a skilled and experienced Finance Manager to lead our finance department and ensure the efficient and ethical handling of financial transactions. If you have a strong background in automotive finance, excellent leadership skills, and a commitment to customer satisfaction, we invite you to be a key player in our exciting new venture.

Position Summary:
As the Finance Manager, you will be responsible for overseeing all aspects of the finance and insurance (F&I) process. Your role involves working closely with customers to secure financing, ensuring compliance with regulatory requirements, and maximizing profitability for the dealership. This is an opportunity to shape the financial operations of a brand new dealership and contribute to its success.

Key Responsibilities:

  • Finance and Insurance (F&I) Operations: Manage and streamline the finance process, including securing financing, presenting and selling insurance products, and ensuring compliance with all legal and regulatory requirements.
  • Customer Interaction: Build positive and trust-based relationships with customers. Effectively communicate financial options, terms, and conditions, and address any questions or concerns.
  • Lender Relationships: Develop and maintain strong relationships with lending institutions. Negotiate terms and conditions to secure competitive financing options for customers.
  • Compliance: Ensure compliance with all federal, state, and local regulations governing automotive finance and insurance. Keep abreast of changes in laws and regulations and implement necessary adjustments.
  • Team Leadership: Lead and mentor the finance team. Provide guidance on best practices, monitor performance, and contribute to the professional development of team members.
  • Profit Maximization: Work collaboratively with sales and management teams to maximize profitability. Implement strategies to increase revenue through finance and insurance products.

Qualifications:

  • Proven experience as a Finance Manager in the automotive industry.
  • In-depth knowledge of automotive finance, insurance products, and regulations.
  • Strong negotiation and communication skills.
  • Leadership experience with the ability to motivate and guide a team.
  • Detail-oriented with excellent organizational and problem-solving abilities.

Education and Experience:

  • Previous experience in a finance management role within a dealership setting.

Benefits:

  • Competitive salary with performance-based bonuses.
  • Comprehensive benefits package, including health insurance and retirement plans.
  • Opportunities for career advancement and professional development.
  • Employee discounts on vehicle purchases and services.

If you are a results-driven Finance Manager with a passion for the automotive industry, we invite you to apply and be part of the foundation of Regency Autos of Medford.

Job Type: Full-time

Pay: $65,000.00 - $150,000.00 per year

Benefits:

  • 401(k)
  • Dental insurance
  • Employee discount
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance

Schedule:

  • 8 hour shift
  • Every weekend

Supplemental pay types:

  • Commission pay

People with a criminal record are encouraged to apply

Ability to Relocate:

  • Medford, NY 11763: Relocate before starting work (Required)

Work Location: In person

Job Summary

JOB TYPE

Full Time

SALARY

$129k-164k (estimate)

POST DATE

03/05/2024

EXPIRATION DATE

07/01/2024

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The job skills required for Automotive Finance Manager include Leadership, Problem Solving, Communicates Effectively, Team Management, etc. Having related job skills and expertise will give you an advantage when applying to be an Automotive Finance Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Automotive Finance Manager. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Automotive Finance Manager positions, which can be used as a reference in future career path planning. As an Automotive Finance Manager, it can be promoted into senior positions as a Finance Manager, Sr. that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Automotive Finance Manager. You can explore the career advancement for an Automotive Finance Manager below and select your interested title to get hiring information.