Nielsen Automotive Group Hiring for Finance Manager Job at Stanhope, NJ Full Time

PURPOSE:
The Finance Manager will be responsible for producing additional revenue for the dealership through the selling of finance and insurance programs and extended service contracts to new and used car and truck customers. He/she will report directly to the General Sales Manager.
BENEFITS:

• Excellent work environment
• Continuous Advanced Training through JMA
• Free Saturday lunches
• Employee discount plans on purchases and services
• Competitive pay plan with bonus opportunities
• Demo Plan
• Health, dental and vision insurance
• Life insurance
• 401k retirement account
• Paid vacation and sick leave
• FREE COLLEGE OPPORTUNITY! Online or in-person with Strayer University

ESSENTIAL DUTIES:

• Be available for a finance and insurance turnover of every retail customer, both new and used.
• Sell finance and after sell products to all customers complying with local, state and federal guidelines
• Obtain finance approval from lending institutions on all finance deals.
• Instruct salespeople in the methods to aid in selling finance and F&I products.
• Work closely with sales management to secure good profit from each sale, both front and back gross.
• Recommend incentives for salespeople, when needed, in accordance with dealership policies.
• Seek out and secure financial sources to purchase finance paper directed by the General Sales Manager.
• Prepare and maintain F&I daily operating control.
• Prepare, submit, and file monthly penetration reports on finance penetration.
• Check all paperwork on both finance and cash deals to ensure title, lien, taxes, and other related delivery documents are correct.
• Be responsible for all rate questions.
• Maintain a record of finance and insurance fees due the dealership and ensure its collection.
• Maintain insurance files and prepare and submit necessary claims when needed
• Manage CIT’s.
• Maintain and develop relationships with all primary lenders.

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Job Type: Full-time