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Foundation Automotive is looking for a Finance and Insurance (F&I) Manager that executes finance and insurance contracting and product sales for the dealership. The F&I Manager is responsible for attaining unit sales objectives and generating additional revenue through F&I products on a consistent basis.
Why Foundation Automotive?
Personal Automotive Discounts at all of our participating dealership partners
Full Medical, Dental, Vision, Life Insurance & 401K Benefit Options
Casual Work Environment and dress
Employee Appreciation Events and a family-oriented and people first culture
FSA & HSA Accounts Available
Company sponsored lunches
Travel Assistance and Insurance
Essential Duties and Responsibilities
Offer and sell finance and insurance products including but not limited to financing, special financing, extended warranties and aftermarket products
Attain monthly and annual budgeted product sales, gross profit objectives taking action to meet or exceed department objectives
Ensure customer satisfaction throughout the F&I process
Adhere to dealership F&I policies and procedures established by the corporate office as well as generally accepted industry principles
Compliance with local, state and federal regulations
Ensure applicable controls are in place to monitor F&I practices and to safeguard dealership assets and customer data
Efficiently transition customers from sales to finance during the vehicle purchase process
Determine customer financing needs through consultative analysis
Present financing option quotes and products to enhance the customer’s ownership experience
Stay informed of current product knowledge to effectively recommend financing options and products to customers
Establish and maintain key relationships with lenders
Process finance transactions, lender approvals, contracts in transit to fulfill the contracting process in a timely and efficient manner
Continued focus on achieving and maintaining above average F&I penetration rates for extended warranties, service contracts and additional products
Maintain professional personal appearance
Adhere to consistent and reliable work schedule
Demonstrate ethical business practices and integrity in all interactions to uphold the Foundation Automotive brand
Effectively perform duties and responsibilities in a safe manner
Other duties as assigned
Qualifications
Experience as a F&I Manager or similar position in a dealership environment, preferred
High School Diploma
Ability to sell a minimum product quota according to dealership standards
Successful completion of pre-employment screening
Authorization to work in the USA
Valid Driver’s license and acceptable driving record
About Us
Who We Are: Foundation Automotive is a growing international group with three stores (auto dealerships) in Canada and thirty-three in the United States. Our vision is to be the North American benchmark for top-tier automotive solutions and a company of trust, excellence, and innovation for our customers and employees – our mission is to provide modern automotive solutions across North America. We enrich the lives of our customers and employees by putting our Core Values first and are in the business of helping people succeed.
Our brands share a common vision that allow us to drive forward Employee Empowerment, Customer Satisfaction, Teamwork, Honesty and Integrity, Innovation and Continuous Improvement.
Together, we are Foundation Automotive.
Additionally, Foundation Automotive has assembled an all-star executive management team that has a shared vision of People-first oriented culture. As an organization that values integrity and doing what is right, you can rest assured that we can be held accountable to your success as well as delivering on a progressive open-door policy.
