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Karma Westfield

Automotive Finance / Business Manager

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What they do

A Financial Manager directs and plans the financial activities of a company or organization. Prepares financial statements and business activity and forecasting reports; supervises accounting and preparation of financial reports; advises management with regard to finance decisions.

$169,336 / year median in New Jersey

+2% projected growth

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Job Description

Automotive Finance / Business Manager Karma Westfield - 3.0 Westfield, NJ Job Details Full-time $119,000 - $240,000 a year 1 day ago Qualifications Financial sales Driver's License Full Job Description Top finance position for qualified candidate with a proven track record in the automotive industry. Commission, salary and excellent benefits package.
Job Purpose:
Provides insurance and financing services to automotive customers by verifying sales information; determining need for financing; evaluating customer creditworthiness; preparing financing and legal documents; selling products and services; maintaining rapport with customers.
Duties:
Determines desire/need for automobile financing by interviewing customer; exploring payment options. Verifies automobile purchase information by reviewing sales contract data; conferring with sales department; making adjustments as needed. Determines customer creditworthiness by studying customer credit application; obtaining credit reports; analyzing information; comparing customer evaluation to organization standards; searching for lenders in information system; forwarding applications to lenders; conferring with loan underwriters and loan processors; obtaining stipulations when required; approves or rejects loan. Confirms automobile sales contract information by disclosing data, provisions, finance charges, and interest rates to customer; ensuring understanding of content. Sells products and services by reviewing desire/need for automobile insurance, credit insurance, extended warranties, anti-theft devices, appearance protection packages, etc.; explaining options, provisions, and premiums. Maintains dealership reputation by building and maintaining customer rapport; answering questions; providing information; resolving discrepancies and dissatisfactions; maintaining a satisfactory Customer Satisfaction Index; complying with federal, state, and local regulations; helping others comply. Maintains customer confidence and organization stability by keeping information confidential; helping others comply.
Qualifications:
Minimum of 2+ years in the Automotive Industry as an F&I Manager Demonstrated Automotive Managerial Skills Excellent communication and problem solving skills Strong attention to detail Excellent follow-through skills Highly skilled in selling; specifically automotive F&I related products & services DealerTrack DMS experience required Must possess a valid driver's license eca3APgaeh