Compensation: USD 120,000 - USD 225,000 - yearly
Company Description:
Vernon FordSonic Automotive is a multi-billion dollar Fortune 500 company and one of the largest automotive dealer groups in the country with 100+ dealerships nationwide across 25 brands.
Annual Salary Range:
$120k-$225k Depending on Performance
TheF&I Managerresponsible for helping customers secure financing while maximizing dealership revenue through the sale of finance products, warranties, and other add-ons.
Minimum of 3+ years of experience in automotive finance and insurance (F&I) management.
Job DescriptionDuties & Responsibilities:
Present financing options and aftermarket products to customers in a clear and transparent manner.
Structure deals for maximum profitability while ensuring compliance with all regulatory guidelines.
Sell finance and insurance products, extended warranties, maintenance plans, GAP insurance, and more to increase PVR.
Secure financing through lender partners, submit credit applications, and gain approvals efficiently.
Maintain high closing ratios and consistent PVR performance.
Accurately complete all required paperwork and ensure timely funding of deals.
Maintain detailed knowledge of manufacturer programs, rebates, and lender guidelines.
Provide exceptional customer service and follow-up to build long-term relationships and referrals.
Collaborate with the sales team to ensure seamless delivery and a positive customer experience.
Stay up-to-date with compliance standards, including state, federal, and dealership policies.
Qualifications:
Minimum of 3+ years of experience in automotive finance and insurance (F&I) management.
Proven track record of exceeding PVR goals and product penetration benchmarks.
Strong understanding of finance laws, contracts, and compliance regulations.
Excellent communication, negotiation, and presentation skills.
All applicants must be authorized to work in the USA.
All applicants must be able to demonstrate ability to pass pre-employment testing to include background checks, MVR, drug test, and have a valid driver license.
Additional InformationSchedule :
FULL TIME
Sundays Always Off
Saturday Availability Required
401(k) with Company Match
Paid Time Off that Grows with You
Sundays Always Off
Closed on Thanksgiving & Christmas
Employee Pricing on Purchases & Leases
Free & Discounted Gym Membership Options
Exclusive Travel Deals on Hotels, Rentals & Airfare
Career Growth in a Fortune 500 Company