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Acura Finance Manager

Murgado Automotive GroupHighland Park, Illinois

$100,000 - $200,000 / year

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Overview

Schedule
Full-time
Career level
Director
Remote
On-site
Compensation
$100,000-$200,000/year
Benefits
Career Development

Job Description

Acura Highland Park is part of one of the best automotive groups (Murgado Automotive Group) in the country. We strongly believe that our team is what makes our dealerships best in class. When you join our team, you become more than an employee; you become part of a friendly, tight-knit family. We care about you and your dreams, ambitions and goals. And the opportunity for growth is endless. We only promote from within our company and the sky is the limit.           
The Finance Manager works with and supports the Client Advisors as they present, sell and execute the sale of finance, insurance, and warranty products to clients purchasing a vehicle.
ESSENTIAL DUTIES
Essential Duties include the following. Other duties may be assigned.
·         Protects gross profit by arranging financing so outside sources do not have an impact on selling margins. 
·         Establishes lender relations that tie the customer closer to the dealership.
 ·         Generates additional income through the sales of vehicle service contracts, GAP coverage, and maintenance plans.
 ·         Works with Client Advisors to maintain control of all paperwork until it is ready to be turned into the general office.
 ·         Responsible for all paperwork involved with the sale of the vehicle, including obtaining customer signatures and securing payoff and insurance information.
 ·         Converts cash deals to finance.
 ·         Establishes and maintains good working relationships with several finance sources, including the manufacturer.
 ·         Processes finance and lease deals accurately and fairly through financial sources to secure approval.
 ·         Conducts business in an ethical and professional manner.
 ·         Understands how to process all federal, state, and dealer paperwork related to vehicle transactions.
 ·         Understands and complies with federal, state, and local regulations that affect the new- and used-vehicle and finance departments.
 ·         Completes paperwork necessary for vehicle sales and leases in a timely and efficient manner.
 ·         Observes and learns how to check all paperwork for correct title, lien information, taxes, etc., before forwarding to accounting.
 ·         Acquires and maintains current state insurance license, completing continuing credit insurance education as needed.
 ·         Provides customers with complete explanations of manufacturer and dealership service procedures and policies.
 ·         Gets exposure to managing the alternative finance source program to ensure that several sources are available.
 ·         Assists with providing sales force and sales managers with current information about finance and lease programs continually.
 ·         Trains the sales staff regarding the benefits of financing, insurance and extended service programs.
 ·         Works with sales managers and Client Advisors to secure a reasonable profit from every sale.
 ·         Required to perform other duties as requested, directed, and assigned
EDUCATION and EXPERIENCE
·         High school diploma or general education degree (GED) required; and three or more years of related experience and/or training; or equivalent combination of education and experience
$100,000 - $200,000 a year
Salary is an estimate based on experience and and performance. No cap on commissions.
Murgado Automotive Group is an equal opportunity employer. Murgado Automotive Group does not discriminate in employment on account of race/ethnicity, color, religion, national origin, gender, sexual orientation/transgender status, age disability, martial/parental status, citizenship status, military status, political affiliation and/or beliefs, pregnancy, order of protection status or other non-merit status.
We are an employer who participates in the E-verify program with the Department of Homeland and Security.
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.

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FAQs About Acura Finance Manager Jobs at Murgado Automotive Group

What is the work location for this position at Murgado Automotive Group?
This job at Murgado Automotive Group is located in Highland Park, Illinois, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Murgado Automotive Group?
Candidates can expect a pay range of $100,000 and $200,000 per year.
What employment applies to this position at Murgado Automotive Group?
Murgado Automotive Group lists this role as a Full-time position.
What experience level is required for this role at Murgado Automotive Group?
Murgado Automotive Group is looking for a candidate with "Director" experience level.
What benefits are offered by Murgado Automotive Group for this role?
Murgado Automotive Group offers Career Development for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Murgado Automotive Group?
You can apply for this role at Murgado Automotive Group either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.