Finance Manager

Finance Manager in Spokane, WA

Knudtsen Foothills Lincoln/Mazda is seeking a Finance Manager to join the Knudtsen team. Knudtsen is a family-owned and operated company that provides the Spokane and Post Falls communities with new and used cars, full-service body shops and service departments, as well as genuine Mazda and Lincoln Parts. At Knudtsen, we strive to be a team and truly value our relationships with each other, our customers, and the community.

Job Position Summary

As an Automotive Finance Manager, you would be responsible for structuring car deals for customers based on credit feedback, in compliance with finance lender guidelines and dealership policy, resulting in quick funding and a high level of customer satisfaction. You would be vital in creating and maintaining lifelong customer relationships. Continuing product, process, and service specific training would be provided.

Responsibilities

• Protects gross profit by arranging financing so outside sources do not have an impact on selling margins.
• Establishes lender relations that tie the customer closer to the dealership.
• Generates additional income through the sales of credit insurance, vehicle service contracts, GAP coverage, and maintenance plans.
• Maintains control of all paperwork until it is ready to be turned into the general office.
• Responsible for all paperwork involved with the sale of the vehicle, including obtaining customer signatures and securing payoff and insurance information.
• Establishes and maintains good working relationships with several finance sources.
• Processes finance and lease deals accurately and fairly through financial sources to secure approval.
• Processes all federal, state, and dealer paperwork related to vehicle transaction.
• Understands and complies with federal, state, and local regulations that affect the new and used vehicle and finance departments.
• Stays aware and complies with changing regulation and compliance procedures.
• Completes paperwork necessary for vehicle sales and leases in a timely and efficient manner.
• Checks all paperwork for correct title, lien information, taxes, etc., before forwarding to the office.
• Provides customers with complete explanation of manufacturer and dealership service procedures and policies.
• Provides sales force and sales managers with current information about finance and lease programs continually.
• Assists in the training of sales staff so they are aware can sell finance products throughout the customer's car buying experience.
• Works with sales managers to secure a reasonable profit from every sale.
• Other tasks as assigned.

Qualifications

• A team player focused on providing exemplary customer service, adhering to a standard of professional ethics.
• Self-motivated with the ability to set and achieve targeted goals.
• Excellent written and oral communication skills.
• Experience in automotive sales or subprime sales, with knowledge of state regulations regarding finance and the Fair Credit Reporting Act, is preferred.
• Working knowledge of computers, basic software, and Internet, and ability to learn database management and customer relationship software.
• Have a valid driver's license.
• Pass a motor vehicle report and possess a safe driving record.
• Pass a criminal background check.
• Required pre-employment drug test (note: we do not test for marijuana during pre-employment testing).
• Also subject to random drug testing, reasonable suspicion drug and alcohol testing, and post-accident testing at the company's request.

Additionally, We Have Some Great Benefits:

• Employer sponsored health insurance - medical, dental, vision – for employees and dependents
• Life insurance plans
• Paid holidays
• Sick pay
• Paid vacation
• Employee purchase discounts
• 401(K) Retirement Savings Plan (4% Employer Match!)
• Training assistance

Physical Demands and Working Environment

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The F&I Manager may be required to stand for long periods of time, sit for long periods of time, walk with customers and team members, lift and/or carry up to 50 pounds, balance, stoop, kneel and crouch. While performing the duties of this job, the employee is regularly required to talk, listen and hear. The employee is frequently required to use hands to finger, handle, feel and reach with hands and arms. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The environment for the F&I Manager varies, but often is an office setting and working in a car showroom. The F&I Manager will be required to walk the dealership property and may encounter inclement weather. The F&I Manager may also enter the service areas and be exposed to dangerous work environments and loud noises. The noise level in the work environment is usually moderate to loud.

Knudtsen Dealerships and Auto Body Shops are an equal opportunity employer and prohibits 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.