AUTOMOTIVE FINANCE MANAGER

Job Description

Job Description

In 2026, a Finance and Insurance (F&I) Manager—primarily found in automotive, RV, or power sports dealerships—serves as the critical link between the sales floor and the final transaction. Their primary goal is to secure vehicle financing for customers while maximizing dealership profitability through the sale of value-added products. 

Core Responsibilities

• Financial Consultation: Interviewing customers to assess their creditworthiness, determine their financing needs, and explain various payment options, including leasing vs. buying.
• Loan Procurement: Maintaining active relationships with various lending institutions to secure competitive interest rates and loan approvals for customers.
• Product Sales: Presenting and selling aftermarket products such as extended warranties (service contracts), GAP insurance, anti-theft devices, and appearance protection packages.
• Regulatory Compliance: Ensuring all transactions strictly adhere to local, state, and federal regulations, including the Fair Credit Reporting Act (FCRA) and Truth in Lending disclosures.
• Deal Structuring: Collaborating with the sales team to "desk" deals, which involves calculating payments, taxes, and fees to find a structure that works for both the customer and the dealership.
• Documentation & Funding: Preparing all legal contracts and ensuring paperwork is accurate for expeditious funding from lenders. 

Required Skills & Qualifications

• Experience: Most dealerships require at least 1–2 years of experience in automotive sales or F&I management.
• Education: A high school diploma is required, though a college degree in finance, business, or marketing is strongly preferred.
• Professional Ethics: A high level of integrity is mandatory due to handling sensitive financial data and legal disclosures.
• Communication: Exceptional verbal and written skills are needed to explain complex financial terms to customers.
• Technical Proficiency: Experience with Dealership Management Systems (DMS) like Reynolds & Reynolds or CDK Global, and CRM software. 

Salary and Compensation

In 2026, F&I Managers remain among the highest-paid positions in a dealership. 

• Average Salary: Typically ranges from $70,000 to $150,000+per year.
• Top Earners: High-performing managers at high-volume dealerships can exceed $200,000 to $250,000annually.
• Structure: Pay is often heavily commission-based, supplemented by bonuses for hitting penetration goals (percentage of deals with F&I products). 

Vandergriff Hyundai maintains a strong policy of equal employment opportunity for all qualified employees. We hire, train, promote and compensate associates based on personal and professional competence and potential for advancement without regard to race, color, religion, sex, national origin, age, marital status, disability or citizenship, as well as other classifications protected by applicable federal, state, or local laws.