Finance Manager - Private Club Motors
Houston, TX 77057
About the Job
1.Loan and Financing Arrangements:
- Assist customers in securing financing for vehicle purchases.
- Collaborate with lending institutions and banks to negotiate favorable loan terms.
- Review and approve loan applications, ensuring compliance with regulatory requirements.
2. Insurance Coordination:
- Offer and explain various insurance options to customers, such as vehicle insurance and extended warranties.
- Facilitate the completion of insurance paperwork and ensure accurate documentation.
3.Credit Analysis:
- Evaluate customers' creditworthiness to determine eligibility for financing.
- Work with credit bureaus to assess credit reports and scores.
4.Sales Support:
- Collaborate with the sales team to structure deals that meet both customer needs and dealership profitability goals.
- Provide financial expertise during the sales process, addressing customer queries and concerns.
5.Contract and Documentation:
- Prepare and review financial contracts and documentation for vehicle sales.
- Ensure accuracy and completeness of paperwork related to financing and sales transactions.
6.Compliance:
- Stay informed about and ensure compliance with federal and state regulations related to automotive financing and sales.
- Implement best practices to minimize legal and financial risks.
7.Customer Relations:
- Build positive relationships with customers, addressing financial inquiries and providing exceptional customer service.
- Handle customer complaints or concerns related to financing matters.
8.Inventory Management:
- Collaborate with the dealership's management team to manage and optimize vehicle inventory.
- Monitor the financial impact of vehicle purchases and sales.
9.Profitability Analysis:
- Analyze deals and transactions to ensure profitability for the dealership.
- Identify opportunities for upselling or additional financial products.
10.Training and Development:
- Provide training to sales and finance staff on financing options, processes, and compliance.{{Private Club Motors}
- Stay updated on industry trends and changes in financing practices.
11.Technology Utilization:
- Utilize finance and accounting software to manage financial transactions and records.
- Stay current on technological advancements that could enhance finance and sales processes.
12.Negotiations:
- Negotiate with customers, financial institutions, and vendors to secure favorable terms.
- Balance customer satisfaction with the dealership's financial goals.
The finance manager at an independent car dealership plays a crucial role in facilitating smooth transactions, ensuring compliance, and contributing to the overall financial success of the dealership. Effective communication, financial acumen, and industry knowledge are key skills for success in this role.
Private Club Motors
Salary
$100000 - $200000 per yearBenefits
Commission payJob Type
Full timeSchedule
10 hour shift, Weekend availability
Source : Private Club Motors